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Newspaper
The Cincinnati Sun
Location
Cincinnati, Ohio, United States of America
Date
Jan 15, 1954
Page
7
The National Citizens' Committee Against Forced Listening blasts new NLRB appointees for legalizing forced listening in factories. It denounces employer meetings on company time as tyrannical and un-American, arguing workers are coerced to hear union talks and other subjects.
The 1953 year end figures show major U S banks earning sharply higher pre tax income as deposits and total resources fell. National City Bank per share rose to 4.17 from 3.83, Chemical Bank 4.28 from 3.96, Manufacturers Trust 5.81 from 5.31, and Bank of Manhattan 2.70 from 2.52. Washington SEC reports corporate working capital at 88.5 billion and current assets at 185.4 billion, up from a year earlier.
In Illinois four city area around Moline East Moline Rock Island and Davenport area, once a hub for farm machinery employment, suffers rising unemployment with over 5 percent of workers out of work and 3000 migrants returning home. Debts mount as incomes vanish.
A commemorative meeting honoring Franklin D Roosevelt is planned for Saturday January 30 at 8 p.m. in the Hall of Mirrors Hotel Netherlands Plaza. Speakers include Ohio Senator Thomas Burke and Frances Perkins. Tickets 50 cents, proceeds to Warm Springs Foundation for Infantile Paralysis.
The Supreme Court rules NLRB can claim jurisdiction over auto dealers despite Eisenhower appointees. The ruling targets auto dealers and NLRB Chairman Guy Farmer who had questioned board authority.
Court decisions affirm the NLRB has jurisdiction over auto dealers, limiting attempts to curb its authority. The rulings do not outright block the board from asserting control or influence over small businesses suspected of unfair labor practices.
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