Dividends Near Peak As Wages Hit New Low
Washington report notes dividends and interest surged past 1928 levels to nearly seven billion dollars as wages sank to about half 1928 totals. Big New York banks lead returns with averages near 16 percent, Mellon Bank tops big banks at 200 percent, while New York banks max at 100 percent. The figures come from New York Journal of Commerce and were cited by the commerce department.
MENTIONED IN THIS ARTICLE
Washington, D. C
New York
Pittsburgh
Mellon Bank
New York Bank
New York Journal of Commerce
United State Commerce Department
First National
Senate
Congress
Who Gets Hit Observe These Figures And Wages
Wages totaled 25 billion in 1917, 50.058 billion in 1928, and 28.232 billion in 1932. Dividends and interest were 3.787 billion in 1917, 6.028 billion in 1928, and 7 billion in 1932. For 1932 dividends and interest reached 6.472 billion in 11 months, while 1929 stood at 7.5 billion and the next two years stayed above eight billion. Wall Street Journal notes 24 New York banks in 1932 paid 106 million on 626.935 million capitalization, about 19 percent below 1981 fat distributions.
MENTIONED IN THIS ARTICLE
Wall Street Journal
New York
Labor call to limit purchases to American made goods
Washington report notes America's Wage Earners' Protective Conference led by Matthew Woll urges lawmakers to insert a directive in appropriation bills to buy only U S grown and manufactured products. The appeal frames restricted immigration as linked to protecting domestic jobs and wages, urging government procurement safeguards and nationwide lodge expansion.
MENTIONED IN THIS ARTICLE
Washington, D. C
ILNL
America
United States
Organized Labor
New Union Gains Ground for AFGE Organizing Drive
In Washington, D C the American Federation of Government Employees reports strong progress in organizing efforts. The drive aims to expand union membership among federal workers and solidify support across agencies. The filing indicates momentum and growing interest from employees seeking representation.
MENTIONED IN THIS ARTICLE
Washington, D. C
ILNS
American Federation of Government Employes Has
Made in America union label message urged
A union label trades department statement promotes a Buy in America campaign. It argues only union labeled products prove real American labor standards and avoid sweatshop or prison labor. It urges trade unionists to demand the union label shop card and working button with every purchase.
MENTIONED IN THIS ARTICLE
Union Label Trades Department
A. F. of L
America
American Federation of Labor
United States
Labor Movement
Scotland's Name Ties Ireland to Britain in Old Texts
The fragment discusses how the term Scotland traces back to Ireland, noting Ireland as the origin of the oldest English influence. It remarks that the Scottish name, once forgotten in Ireland, migrated into Britain and spread there.
MENTIONED IN THIS ARTICLE
Scotland
Ireland
Britain
Unemployment Reaches New High as Green Threatens Strike
Washington outline: President William Green of the AFL testifies before a Senate committee urging a nation wide 30 hour five day week, threatening a strike to force adoption. He cites 11.59 million unemployed in November with potential 22 to 28 million unemployed or partly employed.
MENTIONED IN THIS ARTICLE
Washington, D. C
ILNS
William Green
American Federation of Labor
Senate
George W. Norris
Green
Norris
United States
Labor Demands Prompted by Education Crisis Conference
Washington delegates and labor groups gathered to defend school standards amid economic strain. President Hoover urged protection of youth education as essential to the republic, proposing controlled spending and fair taxation to maintain functioning schools. The conference adopted four core policy principles emphasizing education as public obligation, social purpose, cost adjustment to long-term conditions, and education as a necessity, not a luxury. The American Federation of Labor via William Green urged Reconstruction Finance Corporation action.
MENTIONED IN THIS ARTICLE
American Council On Education
American Farm Bureau Federation
National Grange
United States Office of Education
National Education Association
Washington, D. C
ILNS
Hoover
Republic
William Green
American Federation of Labor
Reconstruction Finance Corporation
Suffering Among Miners Grows Plea For Relief Bill
Washington report cites Thomas Kennedy of United Mine Workers urging quick passage of the La Follette Costigan direct relief bill. He describes unemployment hitting 12,000 in Luzerne County and 20,000 across four counties, with non unionized areas suffering most. Isolated coal towns lack access to relief funds, forcing poverty as operations idle.
MENTIONED IN THIS ARTICLE
Washington, D. C
ILNS
Thomas Kennedy
United Mine Workers of America
Senate
Kennedy
Luzerne
Schuylkill
Northumberland
Dauphin
Columbia
Congress Considers Bills To Erect Supreme State
Washington dispatch reports major proposed measures push toward vast government powers, including expanded farm relief and a plan to return industry to 1928 operations, with fears of socialization. Munitions, labor hours, relief bills, and bank profits are central topics as Congress weighs tax and policy shifts amid economic strain.
MENTIONED IN THIS ARTICLE
Congress
Capites
America
Hoover
Senate
Cauliflower and Sardines Recipes From Early Menu Notes
A collection of kitchen preparations includes Cauliflower with butter sauce, Grilled Sardines with butter and vinegar, Lentil Salad on lettuce with dressing, Peaches with grape juice and vanilla sugar, Balad Beaucaire with chopped greens and ham, and Mutton with vegetables simmered in stock. A closing note in New York City cites Union firemen and AFL leaders at a public gathering.
MENTIONED IN THIS ARTICLE
Western Hewspaper Union
Union
Federal Income Tax List Increases By 1 700 000
The United States Bureau of Internal Revenue announced that income tax return blanks for 1932 must be filed by March 15. Returns are required from individuals with gross income of 5000 or more or net income of 1000 or more, and from married couples with combined gross of 5000 or more or net of 2500 or more. About 1,500,000 reported for 1931. the Revenue Act added about 1,100,000 more for 1932.
MENTIONED IN THIS ARTICLE
Washington
United States Bureau of Internal Revenue
Bureau
Congress
Treasury Department
Railroads Have Gain in Income
Eastern railways posted a November income of 20.265 million dollars, up 15.7 percent from 17.51 million a year earlier, the strongest gain of the year. Western and Southern lines fell enough to show an overall average loss of 7.1 percent for November, while big Eastern roads logged a solid rise. The article notes a later, unrelated remark on ape vocalizations and gestures by a separate authority.
MENTIONED IN THIS ARTICLE
New York City
ILNL
Bureau of Railway Economies
Also Mentioned on This Page
Helen C. McCarty
National Organization Committee of
Government Workers’ Group
Pacific Coast
San Francisco
Southwest
Pawhuska
Oklo
Miss McCarty
National Organization Committee
Federations of Labor and Central Labor
U.S
By John J. Manning
the Ladies’ Aid
Chester M. Wright
International
Black
Uniformed Firemen's Association of Greater
Rites Book
John P. O'Brien
John Sullivan
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