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Show UTAH LABOR NEWS, SALT LAKE CITY, UTAH SEPTEMBER 30, 1938 ECONOMIC HIGHLIGHTS Happenings That Affect the Din ner Pails, Dividend Checks sn Tax Bills of Every Individual National and International Prob-lem- s Inseparable from Loca Welfare. not be long until the new models begin streaming off the assembly lines. By the time this is read production should be at a good level, and increasing rapidly. Reports of what the new cars will be like are conflicting. It has been generally reported that there will be little change in most makes; more recently, rumor says that manufacturers are now planning more ambitious experiments and improvements. CONSTRUCTION: Non - resi dential building is still down. Residential building, on the other hand, is well up, and is rising. In August, this kind of construction was 18 per cent ahead of last year. Big factor is the government-insure- d long-terloan plan, under which a builder may obtain as much as 90 per cent of his house and lot's value and take up to 25 years to pay it off. This re ELECTRIC POWER: liable barometer of industrial affairs in general shows strength. The summer decline was not more And than seasonal in intensity. the fall and winter outlook is The business outlook, so far as domestic picture is concerned, remains good. If only our internal problems were involved, it seems evident that this recovery movement would continue, at least for the next six or eight months, and that security prices would tend upward accordingly. However, there is an extremely large fly in the ointment the European situation. That was vividly demonstrated in the week ending September 10. Industrial statistics were encourag ing, there were no unusual or unlooked-for political complications, and the stage was set for a sustained rise in security prices. But prices sagged, and the week as a whole was disappointing on all counts principally because of the good. RAILROADS: Car loadings fears of war. lave been up a little, but not It seems unlikely lthat this fear enough to keep scores of lines out can be dissipated in the near fu- of the red. The industry is tied ture. Even if war does not occur which in wage negotiations before the end of this year and, up lave been complicated by the according to the experts, the motherhoods refusal to fedchances are better than even that eral mediation of the accept manageit will the shadow of Mars will ments for a general 15 per still darken the economic skies. cent request A great deal of cut. wage Thus, it is to Europe, rather than pressure is being brought from to this country, that the student to have Congress nany quarters must look principally for guidance ;ake legislation to save in anticipating what will happen to the up possible soon as the next as industry, industry and to security values session opens. during the remainder of 1938. Summing up, "sentiment as Forgetting the war problem for whole But. keep is now bullish. the moment, the figures indicate on what Europe happens that the recession is definitely your eye on the wane. No one looks for there could change the outlook treeven anything resembling a boom mendously over night. such as that occurring at the end of 1936, which ran half-wa- y Hitler and Goering made big through 1937 and exploded. The news with their speeches at Nurn expectation is for steady, non-dr- a bCrg, in which they defied the matic betterment in practically world and as much as served noevery line of industry and com- tice on other powers that they plan merce. Here is the situation ob to go ahead with their plans re taining on a number of basic lines garding Czechoslovakia. now: Bigger news, which was not an STEEL: Recently touched 34 ticipated, was made by England. per cent of capacity about twice Apparently the Chamberlain govthe level obtaining in early July. ernment has been forced to abanDuring eight of nine consecutive don its policy. weeks for which this column has England has made up her mind data, improvement was registered. tha$ Germany has gone far enough MOTORS: Lately hit its low and she will fight on the side of production point of the year, France if Czechoslovakia is invadwhich is entirely normal, as it will ed. That is what Ambassador Sir Nevile Henderson told German JForeign Minister Von Ribbentrop in a historic conference in Berlin. To many, it seems that war is now inevitable and that it will T start soon. No unprejudiced authority, military or economic, thinks the nazis, even if they ally with the fascists, can win. But the nazis apparently think otherwise. Thats what makes wars. German plans are said to call for a quick conquest of the Czechs within 14 days at the outside before France, England and Russia can move enough troops and supplies to determine the issue. But military experts thinks the Eyesight is priceless Czechs could hold out for several months without any aid whatsolight is cheap! ever. . m peace-at-any-pri- ce POLITICAL OUTLOOK LABOR ON ITS FORWARD MARCH (Continued from page 3) These states, with the number who received benefits there in August, were: California, 129; Missouri 33; Oregon, 25; Idaho, 15; Wash ington, 10; Iowa, 7; South Dakota and Arizona, each 6; Alabama, 4; Nevada and Pennsylvania, each 2; Indiana, 1. I. T. U. CALLS FOR PEACE IN LABOR RANKS In a resolution approved by a unanimous vote, the 82nd convention of the International Typographical Union called for peace between the American Federation of Labor and the Committee for Industrial Organization. The resolution asked leaders of the two groups to resume immediately their unity conferences and find a way to fulfill the wishes of the workers both in the A. F. L. and the C. I. O. The printers deplored the split n labor ranks as detrimental to all organized labor, and said the division retards the growth of the American labor movement, causes confusion and misunderstandings. The rift permits enemies of la-)to make it difficult for trade unions to advance as rapidly as the times and conditions warrant, the resolution added. The convention approved labor jolicies of the New Deal and n forces are charged that in to render a campaign engaged ineffective such agencies as the National Labor Relations board, unemployment insurance and the wages and hours law. Another resolution asked repeal of poll taxes in the nine states retaining it because it disfranchises a majority of citizens In states where it is levied. A proposal making the five-da- y week mandatory in union shops throughout the printing industry was approved. The proposal will be submitted to 0 a referendum of the I. T. U.s members. If accepted, the proposal would outlaw the six-da- y week, which prevails in some shops on the basis of and a six-howorking The day. per week maximum working time would not be affected. or anti-unio- ginia, Virginia and North Carolina. As to Nevada, which in Lifes expose led all states, a large percentage of relief money spent in Nevada was on CCC enrollees from other states, whose checks were cashed and spent in other parts of the country. In an editorial entitled Unjustified Deductions, the Washington Post declared in its issue of September 5: A fair appraisal of the allocation of funds indicates that very little attention was paid to political consequences; 'the charges are very convincingly refuted. (Continued from page 4) Annalist shows that 42 out of 4 states received an amount approxi mately equal to or between wha they would have received if either the Hayden-Ca- rt wright or the uncensus formula ha( employment been used. Answering Lifes state ment the least per capita was spent in Southern states, already it says: Democratic anyway, Taking Lifes own figures, the eight states in which the lowest per capita loans and expenditures were made included four Eastern It is no accident that those who states, Kentucky about which soVirmost 'violently against the rail West said been much has Roosevelt domestic policies speak with grudging approval of the 350 HOME LOANS Presidents foreign policy. Marquis W. Childs. MADE IN UTAH ; ultra-conservati- ve ROOSEVELT LIBERALISM WASHINGTON A total of 350 Roosevelts hold on the mass of home construction and home pur- the is unquestioned, says chase loans were made by the rane the people Oregon, Journal, Portland, insured savings and loan associa The man in the street (Ind. Rep.) tions in Utah in the first eight (Continued on page 6) months of 1938, it was reported today by Nugent Fallon, general manager of the Federal Savings and Loan Insurance Corporation. These institutions had assets of $13,329,000 as of September 1, an increase of $1,670,000 in the first eight months, Mr. Fallon stated. Home mortage loans amounted to $10,073,000 on the same date, the increase, in the first eight months being $1,190,000. Savings invested in these thrift institutions agand gregate $7,015,000, the increase since January 1 being about, Such, savings are protected up to $5000 for each investor by the Insurance Corporation, a Federal Government instrumentality. Insured savings and loan associations in Utah are located in Logan, Ogden, Price, and Salt Lake City. home-financi- ng $1,-000,0- 00. $115,-000,0- 00 f- - Welcome, Labor WE MOVED 80,-00- Out of the High Rent District Meaning a FAIR DEAL for ETtEE! everyone. Big Reductions On Entire Stock DRIVE DOWN AND SAVE 40-min- ur Page 5 40-ho- ur Sensational Balloon Ascension and Parachute Leap Daily State Furniture Co. I. O. UNION ASKS RENEWED EFFORT FOR LABOR UNITY Rucord Breaking Enhikita in AM Entertainment Departments and Amusement (or Everyone Centrally Located So. State Hy. 8772 C. 1101 TRENTON, N. J. (ILNS) Delegates to the United Rubber WorkBEST WISHES TO LABOR ers convention here asked international officers of the C. I. O. to reDffOQCvficlIi-DolEi-o new efforts toward reunion with the A. F. L. The convention also suggested that the C. I. 0. invite the railroad 55 West South Temple St. Salt Lake City, Utah I brotherhoods to affiliate with the labor proposed single organization j UNION MADE BAR FIXTURES AND SUPPLIES-BILLIA- RD which would retain the principle of I TABLES, BOWLING ALLEYS AND EQUIPMENT . industrial unionism. In another resolution the delegates proposed an immediate investigation by the senate civil liberties committee of the local administration of Jersey City, N. J., and Mayor Frank Hague. The and resolution said an Many feel that religion is meant Fascist situation existed in Jersey only for women, children and ones City. last moments. A. A. Milne. The delegates adopted resolutions attacking Fascism, opposing The Most Distinguished Platform in Utah A efforts to overthrow democracy in Welcome, Labor America and endorsing President v Season 1938-193- 9 Roosevelts speech to quarantine Call on us for the aggressors in war. HENRY J. ALLEN, NINE NUMBERS': Another resolution proposed that SENATOR Rio Grande Lies MexiAcross the FIVE lectures presenting personalunion members losing jobs be co, October 17. who have achieved distinction in ities (Continued on Page 6) of thought of great contempofields HARRISON FORMAN. The Far East interest. rary 4. November Made Like Illustrated, Aflame, THREE entertainments of high Best Wishes to Labor A and beauty. quality COS'SACK Concert, CHORUS, DON adventure-lecturwith strikONE 28. Tabernacle. November Spring Mattresses ing motion pictures. made from C&7 QCZ STEFAN SWEIG. History of To- TEae Collccadoi? Go. -- I. E. S. Lamps are scientifically designed to protect your eyes. B2 ASTER MINDS ARTISTS SERIES , beauti-fu- l models at very reasonable prices. Many See them in our store. Utah Power & Light Co. MATTRESSES $4 QO old mattresses Hr Called for and Delivered e, UtoEa Ecaci?avfirac Overman Mattress Co. (Co. New Address: Hy. 1067 2763 So. State COLOR PLATES - ZINC ETCHINGS - HALF TONES Where Better Mattresses Are Made Utahs Leading Engravers 113 Regent St. morrow, THEODORE Writing, February DREISER. February IGOR GORIN, Was. 5184 KINGSBURY HALL 9. University Campus, 8:15 p. m., The Art of Unless Otherwise $ 20. Concert, March Season ticket for the nine attractions, $4.50. Single admission, generally, $1.00. Purchase season ticket and save half. For course ticket, write to 1. MAURICE HINDUS. Czechoslovakia, Watchdog of Mankind, March 22. the CAROLA GOYA, Dance Recital, March 27. PAUL DENGLER. ternational Status, The Present May 10. Announced. In- EXTENSION DIVISION UNIVERSITY OF UTAH |