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Show f UTAH LABOR NEWS. SALT LAKE CITY, UTAH. NOVEMBER .ELMER ANDREWS IN PROFILE Inside ' Wall Street writers. Elmer F. Andrews, adminis-- . By RANDALL PHILLIPS trator of the Wage and Hour No'v Jnat war has been post bureaucrat. bom a is That is law, aH Street will return to not a term of abuse. It is simply Pne chief pastime a fact, and in, this case a very 7 knocking the .ew Heal. This is rather ungra All bureaucrat hopeful fact really means is that you are work- - f.10.us 8nce all the big banks arcing' for the government instead of 1,vlnP off the New Deal. Take the for a boss, and a bom bureaucrat YUaaay . Trust company of New f. instance. Under the New is one who prefers to use his brains , ,or , Jea it does not have to policies for the good of the country as a interest on most of its of instead Fay for a whole highly I"8, At the end of September its million dollars. P.818 amouned to more than A native of New York City, he ?Uo00,000,000. Borrowers of went to private school and to Ren- sellaer Polytechnic Institute, and money with good names and gdbd became a civil engineer. After collateral are so scarce that thi3 is able to lend only about one-h- e a as the flyer during war, serving went to work for the Tacajo ,rlr,0 lts deposits. How does Guaranty solve the problem of Sugar company, building ware-- 1 profit on the remaining houses in Cuba. Sugar was boom- - ?a SmV uys an holds j)!ir ing then, and the plantation owners million dollars worth of U. S. M on show a of were putting holy lavish spending which has since government obligations, and pock-be- e called The Dance of the Mil- - f.ts the mterest from these secun , , . . lions. Andrews got disgusted with tleTs; ,, , , the show, and with the sharp class ... Yfy division between the quick-ric- h .iL100 dollars m U. S. on if the New Deal did not have owners and the workers. His dis- sellmg securities in gust in serving the bosses was 5 P010 r raise money to finance its j? by an incident which a Yet, who are Program. less sensitive person might scarce- f?enr.inff Nw Heal One day he ly have noticed. The Wall Street banks, he man if fire to a threatened got The bankers realize that tney profit drunk and overstayed his Christ- d1 policy, mas leave. The man showed up a t don t about talk they it in pub-oweek late, and Andrews balled him 1 c severely. The man stood there depos-doubtf- ul 1 - ut 1 don'rjou I ay somcthtag'for you? self? Andrews asked. Hont you K1 know youre being balled out? hrI yars, I Boss, said the man, when you go to work for somebody, you just put your wages in one pocket and a.ff stcon E' fMitch'? National largest bank m a nHrypecau?fetof Co.mmitte revelations, Despite government regulation, the New York Stock Exchange remains the biggest gambling house in the world. All the Securities Exchange Commission is trying-tdo is make sure that the house uses an honest wheel for a change. There is no attempt to stop the gambling. booms Consequently and crashes are still on the calendar. When the Neutrality Act was passed an official of one of New forks largest banks said, Dont worry. If a war comes all that stuff will be wiped off the statute books. The Neutrality Act, with its flat prohibition of munitions exports and ban on war loans, is poison to Wall Street.. But the Wall Street wiseacres spend little time worrying about it. In case of war, reported one of the leading businessmans information service, sentiment for repeal or revision would rise. Such sentirnent could be hoisted on two props. One, public opinion could be readily mobilized to back the democracies against Hitler and Mussolini. Two, conversion of the United States into an Allied arsenal would temporarily at least mean an end to and unemployment. depression Thus gold would be minted out of the blood of Europe. Bu- tWar would also further intrench the Roosevelt Administration because it would allow the President to play the sympathetic role of mediator. It would make more difficult the formation of effective opposition to him within the Democratic party, for while party politicians could revolt against the President's domestic policy, they could not revolt against his foreign policy if it looked toward the reestablishment of peace. And foreign policy would be the burning issue of the times. Finally, war would enable the centralization in the Residents hands of great emergency powers over industry and finance.' And this would almost cancel put the great expectations of a war. Caught between its love of profit and hatred of Roosevelt, Wall Street was in a quandary. For the present at least Mr. Neville Chamberlain solved the Streets problem, and its moguls can now go on cursing the Presi; ; dent as before. 1S 0I?ce of again one your pride in the other. Andrews $e Charley sales-LatStreets bond leading has never forgotten that remark. is chairman of Blythe & he did engineering jobs on J?an anHeactive firm of bond under-h- e various railroads. On one of these .. .. eW was near enough to the inside MT , . . , to watch some rather fishy hand- state car pay a living wage, to watch some rather fishy han-por- ic no Tenaessee dling of the construction funds, i He remembers very vividly his which added to his distrust for bosses and his sympathy for labor. 8 c81 Helds m 1933 In 1D28 the Queens County cham- - I ,lll her of commerce hired him to lay Hicial investigator for the Presi-systeout the Queens arterial highway with union lead- h.18 a job into which the later dnt eld to .rs secretly. He a? Triboro bridge development fitted of which Andrews a glove, feels justly'proud.' .Then yar I ofHWng.Tfairre- i Short of war, Wall Street sharpturn I consoled themselves with shooters 0 as Deputy Industrial Commissioner a small Textile in bonds of the killing Industry of New York state, under Frances Czechoslovak republic. Early this fo l er ... 1 m, he-li- ke ;at"co w at Srews tacVlf e waTand PedZenFerr This because is niinistr.om it Ztd rherP as IntaK! p which Commissoner. him in J?1 8 soci Page 3 1938 under the immediate direction of the WPA Recreation Project, which is sponsored by the State Department of Public Instruction. Service clubs, Boy Scout organizations and i (Continued from page 2) like groups will be of personal contact visits to crippled the drive which will be statewide children and shut-inand read- in scope. tables at ing placed parks and playgrounds throughout the state. WHEN LOVE COMES The demand for the books has been TO A LADY STURGEON so great that plans have been developed to conduct a similar drive WASHINGTON When love during November, 1938, with the comes to a lady sturgeon, the nordrive commencing on the 14th of mal result is 1,080,000 embroyqic the month and continuing until De- little sturgeons; but most sturgeon cember 15th. eggs never develop beyond the In addition to used books which Caviar stage. Mass distribution will be donated, civic clubs and has made caviar and similar tasty various organizations throughout bits, heretofore relished principalthe state will be given the privilege ly by the local 400, available to of contributing new books for the Mrs. Smith and Mrs. Jones in every collection. comer of our country. Until mass In addition to new and used merchandising methods established books, sheet music and victrola a short cut from producer to conrecords will also be included in the sumer, luxury foods were not availstate-wid- e drive. It is believed that able throughout the length and hundreds of sheets of valuable breath of America. music could be put into use, and which have been stored away after EXPLOITATION OF LABOR having served its use in the par- LINGERS ON ticular place for which it was purchased. More than WASHINGTON It is anticipated that approxi- 50,000 women and girls are the mately 10,000 books will be col- helpless victims of exploitation in lected through the 1939 drive, and non-unibiscuit, a collection of good music and rec- cracker andfactories of the accordcandy industry, ords will be available to be placed from in rural communities where the ing to information received starsources. Working at reliable need is the greatest. vation wages of less than 25 cents The drive will be conducted an hour these women and girls are sacrificing their lives in order that year Czechs bonds were selling 011 ruthless corporations may reap the New York Exchange at $1050 financial gains from starvation law $50 over their face value. But wages. The new wage-hoas Hitler began to loom over more will eliminate these practices of ominously over the little republic, business where the company is enits bonds dropped steadily, until gaged in interstate commerce. they were selling at about $500. It so happens that the Czech govern- NEW COURSES OFFERED ment was bound by contract to de- BY N. Y. OFFICE WORKERS posit a certain sum each year with American bankers, to be used to NEW YORK (UNS) Fashion, the art of marriage, and buy back a certain number of make-u-p, bonds. As the bonds slumped in how to get the most for your marprice, the bankers bought them in. keting money are listed among the The price shot up again to about new courses offered to members of $850. Whereupon the sharpshootthe United Office and Professional ers went on a short selling spree Workers, C. I. O., in the New York until the price sunk back to $500, Joint Councils school curriculum, with consequent profits to. the just announced. The school, which has been sharpshooters. The bankers bought them in again. It was all in the praised by C. I. O. Chairman John classic tradition of New York spec- L. Lewis and by Mrs. Eleanor ulators, who in Cjvil War days Roosevelt, also offers courses in sang Dixie whenever the Union trade unionism, in shorthand, pubarmies were defeated. Wall Street lic speaking as well as a forum on has carried on this tradition, which labor and other social questions by now is a deep rooted talent for and a recreational program. I wish you all success in this extracting profits from the disasters of the rest of the world. (Continued on Page 4) LABOR ON ITS FORWARD MARCH s; on ur Qffgreas7estforth2tconst tutionality of the act. It has al- 1 labor and Pthe ready churned up cases which call gram. Much of this program, for firm hand openin? rate 1 most progress 30 cents. But the is be to expected was written by Elmer F. Andrews. Wmtg 4Q centg and there are A Good Fighter bedspread - tufting manufacturers Uvho backed have been paying 18 cents, by throughout Although Governor Lehman, he nevertheless claiming they cannot afford more, met with a great deal of opposi- - Andrews job as Industrial Com- tion. When he ordered the use of missioner of New York prepared dust-profor this sort of tussle, drills to protect work- A year or so ago a small laundry ers against silicosis, six quarries appealed his order to the courts, owner stood up in one of Andrews' The reactionaries ganged up on hearings and fumed that he him again to defeat his efforts in- couldnt stay in business at the behalf of the Child Labor amend- proposed minimum wage. You put he ment. The first New York mini- - these regulations through, mum-wag- e law, for which he J shouted, and Ill give up. Ill lock worked very hard, was thrown out- the door and you can have the AnAndrews quietly called a hey! by the Supreme Court. But drews kept on fighting. stenographer. ' Get the key from York said he. j the gentleman, He helped frame the New which law insurance unemployment served as a model for the Federal Social Security Act, and helped as well to write both the Wage anu BUSTER Hour and the Wagner Labor Relations laws. It was Andrews who BROWHr? told Congressmen that the Wage adminbe to Hour law ought and istered by one man instead of five. DEALTO SHOES Now that he is the one man, the diploall need Andrews will to macy he learned under Lehmanmost for boys and girls from make the law effective. His kindergarten to college difficult task will be the handling was He are smartly styled, careof sectional differentials. always against such differentials, fully crafted over scienwhich he characterized publicly as tific health lasts and carried in a wide range of A Welcome, Labor sizes and widths. We are cfhar II, ,o of Coiraiiioti - The Utah Labor News will make a full coverage of the Constitutional Convention of the Committee for Industrial Organization meeting in Pittsburgh November 15. Special representatives of the Utah Labor. News will send daily reports direct from the convention hall. Read these reports in the Utah Labor News. ; - Plenty of Parking Space 375 SOUTH 2ND WEST Palaco . Market exceptionally careful fitting juvenile shoes. . F. 17. GOMES Wholesale and Brownbilt Shoe Store Retail Meats 121 Main Street Phone Was. 4840 - 4841 in Salt Lake City, Utah at Walkers f f |