Page 1 of 7 Aug 1947 Issue of Cincinnati The Sun in Cincinnati, Ohio

Cincinnati The Sun August 7, 1947 Page 1 old newspaper archives

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The Sun (Newspaper) - August 7, 1947, Cincinnati, OhioThe Suva libera 29 by v 3. I a Pac a Cline Hartley Taft 9s buddy pow wows with Industry vol. 7 no. 16 August 7, 194-7big steel pull big Price steal new York up a the steel monopolists who just announced priv hikes of a a a r-1 y com iced that 1 most people Don t read financial news and 2 if they do they have huh it my Quot while citing a. Huge pile of statistics to justify the Price Rise which it is conservatively estimated will Cost steel users $30 million More a year and Consumers much More than that the monopolists kept carefully hidden in their files facts As these the 11 top steel producers in the first Quarter of 1947 took in a Ion on the Cost of steel product Over $104 million in net profits after taxes. In the first Quarter of 1946 these same companies garnered Only $18 million a Rise this year of Over 400%. According to Board chairman Tion. In deciding on the increase j the steel magnates brushed aside pres. Truman a recent warning in his economic report to Congress that continued Price rises wonder what went on at the secret meeting rep. Fred Hartley r of Kearney new Jersey held in Cleveland july 10, with 200 midwestern industrialists the Clandestine pow wow was sponsored by the american Institute of Bolt and rivet manufacturers and the doors were guarded by two City detectives. According to reports from behind the Iron curtain Fred gave the boys the Low Down on his Brand new Law. A a a now that the dirty deed is done sen. Robert Taft r of Ohio and his labor knifing buddy Hartley can to seem to get together on the Law they allegedly wrote. Taft for example said the Coal contract signed by the mine workers recently was not a violation of the Taft Hartley act Hartley said it was. Which prompted sen. Alben Barkley Dot of Kentucky to remark i a i was wondering whether there might be some Way to Divide it into its respective parts so As to determine what part of it is Hartley and what part is Taft a Van to that one snapped he a i wrote no part of the Taft was to inn Nam lobbyists and a Crew of corporation lawyers As reported twice in this column. # they re sitting it out some 5,400 wartime Price violators whose cases Are still pending May yet get away Scot free. Their lawyers Are advising them to sit tight and wait because the a Job Congress did on opa also eliminated two Hundred attorneys w to had been preparing cases against the Price violators. There a about $75,-000,000 in overcharges involved and some individual suits Are for More than $1.000.000. Its going to take a Heck of a Long time for the department of Justice to get going by which time the boys feel All will be forgotten and the witnesses conveniently scattered. M a Busy boy Greaves a Percy Greaves who served As an a expert for rep. Hartley during the drafting of the Taft Hartley Bill now turns up As the director of a a research foundation in Washington. First pamphlet put out by Greaves is called a operation immigration a and contains a snide attack on sen. Robert Wagner d of new York because he happened to be born in Germany. Mud is also thrown at Sidney Hillman Phil Murray Dan Tobin Harry Bridges and other labor leaders who were born in other countries a a sen. Clyde Reed r of Kansas and rep Alfred Bui Winkle d of North Carolina Are sticklers for obeying the Law. So much so that rather than let the railroads violate the anti Trust Law they want to change the Law. Their Bill the Reed a Onkle Bijl permits railroads to make joint a i being prosecuted and also give them. A Green Light in qty it a de a. A not so Long us j and Chicago could not ride in an air conditioned car even though the train carried the equipment. Reason railroads with air conditioned cars agreed not to Embar Rasa roads without them. Passengers got into a sweat Over that one and it Wai finally eliminated a vote note a there Are Over 270,000 people in rep. John rankings District in Mississippi. He got 5,429 votes in 1946. Poll taxes were the reason for the difference. That a the Man who decides what Sun american hits probes delay rent control proposals test or City Council delayed action resident customers to 15 per become effective when rent con wednesday on two rent con cent of the june 30 figure tool expires next feb. 29. Tool proposals offered by when Federal regulations a thousands of Cincinnati ten-1 councilman Rollin h. Ever a were taken off this Type of ants Are faced with paying increases now they cannot afford Irving s. Olds of u. S. Steel the in Basic Industry May Well result nations top producer the in in another depression. Crease in labor costs was a chief i Factor in forcing the steel Price Rise. Here Are some More facts Winch Olds neglected to mention in the first Quarter of 1946�? when a steel strike took place . Steel paid out a total of $147,800,000 in. Wages and salaries. In the first Quarter of 1.947 when operations were Normal it paid out $203 million a an increase of 37%. In the first Quarter of 1946, u. S. Steel made $10 million in net profits after taxes in the first Quarter of 1947, it made $39 million an increase of nearly 300%. To rip apart . Steels poverty plea even further the company is now operating at an annual profit rate of $157 million. Mit a repeal of proportional j a keen is it i year profits totalled representation this fall. According to steel company As an Effort l eliminate labor pm Tesmen the current Price in Anci oter minority represent creases do not take into account tation from Council and place -11 recent Wager raises m the Coal h 6 or y j. K. 8 isor tells a Senate under one party control Industry. These wage hikes they War investigating subcommittee Everett proposed an Emer warned May steel Coste apparently Bent on trying to gency ordinance to prevent another $5 or so per ton. Accord a smear the late pres. Roosevelt rent boosts for hotel housing talons a an to pass legislation to my to reliable estimates. How that a Quot very Beautiful Frame up Quot accommodations which in Ever the wage increases in Coal blocked his wartime Effort to some instances have run 100 would add at the very most 88c build a vast Fleet of 200-ton car per cent and More. His Ord go carrying planes. Federated finance would have held in pictures i. J creases in hotel housing for Ett. Action cannot be taken housing j no a until the september 6 j meeting unless a special session is or of being placed in a desperate situation next March a Everett can he pointed out that Chicago new York los an cd n majority Council at step to prevent suffering. Did not act he would propose the same time voted to sub Many of the rent boosts have rent control legislation for City a Redea a Drodow tonal been in lower priced hotels Council. Council cannot How housing people of limited every Leeal a control evictions at Means. J present the City solicitor ruled. To the councilman. He also proposed that Council in motion of majority Leader Call on gov. Herbert to Call a Willis Gradison both of Ever special session of the legislature etts proposals were referred to to Deal with evictions caused by the relaxing or Federal rent regu Law committee for study. Council adopted Everett s motion that it continued on Page 7� rising Ion Sels another Recorr is retail prices of living sent Ais purchased by Cincinnati moderate income families reached an All time High Between mid May and mid june As the Consumers Price Index moved up 1.1 percent according to figures released today by the . Bureau of labor statistics. Ail major groups of commodities and services with the exception of fuel electricity and ice contributed to the Over All Rise during the month. The Cincinnati Consumers Price Index in mid june stood at 158.5 percent of the 1935-39 average and was 52.9 percent above the level of August 1939, the month immediately preceding the outbreak of world War in compared with a year ago. Cincinnati living essentials were up by 19 ,9 percent. Of Over-age99 workers lose jobs As Mill moves to South Nashua no a of a this of his Nashua employees is about City a largest employer the Nash 49 whereas he added the average. A mfg. Co., will soon Lay off j age in Southern Mills is consider a More than 2,500 workers half its ably lower. Work Force in a move to the South where Young labor can be bought a a direct and rect labor costs j cheap and worked to the exhava Are at least $1 million a year Tion Point. Higher than they would be on pres. Royal Little of text Ron Sim a products and similar i inc., which owns the Mills Here. Eau pm it m the a uth a a Littie i attributed the South Ward move canned ignoring Union charges to a inefficient operation and High that has firm was reaping huge labor costs Quot in the new England profits despite its geographic to Plant. A cat on in announcing he would fire now a Large part of Nashua a j More than 2,500 now covered in. J weaving operations will be trans a textile workers Union Cio feared to text Ron Mills in Ala contract. Little callously indicate j Bama and other Southern Points de than 49-year-old workers Are and More than 2,500 workers / of cause yet too old to toil by his standards Little is 51. At a conference with Nashua Bankers and businessmen he Here will have the time of their lives trying to find a jobs thanks to Little and a Republican Congress which thumbed its nose at pointed out that the average age t minimum wage legislation

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