Knudsen Says No Industry Benefits From Laying Off Workers
Quote from W S Knudsen, GM vice-president, stating that no industry gains from reducing its workforce. Used to emphasize labor stability and economic prudence amid industrial pressures.
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 24, 1934
Page
11
Quote from W S Knudsen, GM vice-president, stating that no industry gains from reducing its workforce. Used to emphasize labor stability and economic prudence amid industrial pressures.
The article analyzes a high level clash between Senators Borah Nye and NRA Administrator Johnson over how far the NRA codes should restrain monopoly or competition. It covers antitrust exemptions, proposed amendments, and whether recovery aims to curb monopolistic practices without stifling business. The piece notes economists’ views, president Roosevelts stance, and market impacts amid ongoing congressional debate.
A fragmented reminiscence quotes a New York policeman praising Mayor LaGuardia’s pledge to keep politics from police work. The text discusses police autonomy, corruption, and the quiet immunity of crime, with examples from cities and a college town, highlighting the tension between reform and entrenched interests.
The argument to rush to help Russia against Japan rests on faulty premises. Even if Japan targeted Russia, Russia could counterstrike. Recognizing the Soviet Union does not mean we should rush in. Uncertainty remains about lending money, and fear of Japan as a bold, provocative power is stronger than hasty commitments.
Incomplete college employment data show around 22,900 grads with no jobs, with experts suggesting the total could reach hundreds of thousands. The piece questions what commencement speakers tell graduates as fewer inspirational addresses appear and reporters note gaps in guidance on fitting into today’s business world.
New York notes puzzle over two famous unsolved murders Arnold Rothstein and Dot King, with rumors of higher up protection. Sigmund Spaeth discusses musical quirks and Tin Pan Alley, while Gene Tunney appears post recovery at social events. Hollywood’s Tully and Astor Hotel life reflect a city of fashion and elite drawing rooms.
A fragment notes a candle lighter with a snuffer, hinting at a small but pivotal detail in a broader incident. The terse line suggests a focus on a compact object and its role in a case or scene, inviting readers to infer how a tiny item may influence events.
A description of a refined gathering with candlelight and music as guests enjoy coffee while a pianist performs. Nearby, a Newark airport scene unfolds with a passing plane and a casual postflight moment. The piece mentions Fannie Brice's return to Broadway and a public school district bond election notice in Iowa dated 1934.
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