Show FANCY SALARIES FACE U i r S. S w MOVE Washington Bringing Pressure Pressure Pres- Pres sure to Reduce Executives Executives' Executives Executives' Executives Executives' tives' tives Large Largo Incomes 8 By Dr United Unite WASHINGTON Oct Ocl 20 Pr Pressure 20 Pressure is is on a at Washington for reducing fancy salaries drawn by big business executives Even President Preside eri it Roosevelt it is reported reported re rc- re- re po ported ted has given consideration to the matter and hs has discussed it with Attorney Attorney At At- torney General Cummings As the government moves more directly dl- dl into this question it is likely to toe tobe tobe be e treated at considerable length in congress next winer Whether anything any- any thing can be done through legislation and if so in what way has not been officially indicated Enough is on record already however however how bow ever to show that Washington 1 is stripping stripping stripping strip strip- ping the privacy from corporation salaries sal salaries aries and is rapidly converting once secret data into a a matter of public in terest Just as it Is moving through the securities securities se se- act to protect the public Washington also is is seeking to protect stockholders against executives who skim off a thick cup of ot cream crum for themselves in inthe the form of salaries and bonuses r The federal trade commission has hassent hassent hassent sent questionnaires to more than 2000 corporations calling for salary lists N R A also has been looking i into to the salaries of movie executives and stars In behalf of the men drawing huge salaries it frequently is argued that incomes represent only a small part of the annual turnover of a abig big corporation corporation corpo ration and that that's a a good executive will make far more far more for his stockholders than his salary On the other side it is represented that excessive pay arouses public distrust particularly where executives on the inside are virtually virtually vir able to raise their own pay through domination of company af af- af- af fairs f |