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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Sep 07, 1928
Page
3
A fragmented, unclear note discusses federal measures and public concern over wealth disparity. It highlights that a small fraction of individuals controls vast resources, fueling questions about motives and effectiveness of policy changes. The text expresses unease about why billionaires escape scrutiny while broader issues persist.
Reports on a summer gathering chaired by Clifton Metts with speakers including Senator Blease Governor Richards Judge Sense and others. Governor Richards praised Doctor J Derrick president of Newberry College for leadership of Smith clubs while criticizing the State Senate.
The article notes only about half of qualified voters cast ballots in recent presidential elections. It cites large disqualifications across states for aliteracy and other reasons, many among African Americans, with regional gaps in the South, border states, and the North and West. It highlights the stay-at-home vote, including many women, as pivotal in a year of prohibition debate and uncertain turnout.
The piece notes calls from the statistical department of the Department of Labor for a five day work week across industry with a six hour workday and higher wages. It contrasts past compulsion to organize and strike with modern proposals, arguing such changes reduce idle life costs and shift the bill of maintaining workers.
Thos R Preston, president of the American Bankers Association, notes that about 90 percent of U S business is conducted by corporations owned by around 15 million shareholders. He argues the corporate form has boosted employment and individual earnings. He warns that trade associations shift from social to business aims and urges extending privileges to labor agriculture and professions to maintain a balanced economy, cautioning against weak links in the chain.
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