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Newspaper
Cincinnati The Sun
Location
Cincinnati, Ohio, United States of America
Date
Jan 27, 1950
Page
4
The Cincinnati Sun lists newsroom contact and address details for the Greater Cincinnati Industrial Union Council CIO. It notes weekly publication with exceptions the last week of July and the week after Labor Day. Subscriptions run $2.00 per year.
A London inspired three word pledge Bread Sweat Tears echoes in a call for world unity. The International Confederation of Free Trade Unions grows with a broad coalition from India Africa Belgium Holland and many nations pledging Bread Freedom and Peace as aims. The message envisions one family of humanity surpassing tyranny and hunger.
The Federal Trade Commission reports postwar profits average about 20 percent on invested capital, after taxes, with motor vehicles leading at 25 percent in 1948 and 1949 the highest year for auto industry gains. The study links high profits to concentration of control, suggesting monopolistic conditions raise prices for consumers.
The Ohio Supreme Court ruled against employer groups and in favor of the Ohio C.I.O. Council supporting the new unemployment compensation act. The decision allows payment of the increased benefits to workers already eligible, affecting about 150,000 claimants, with the possibility of individual appeals remaining. Justice Weygandt, Zimmerman, Turner and Hart concurred. Taft and Stewart dissented.
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