Show Price Head Opposes Wage Hike That Would Eliminate Profit WASHINGTON Aug 1 WP rIP RI- RIS Price Administrator Leon Henderson Henderson Henderson Hen Hen- S derson Tuesday testified he would oppose wage increases increases' if It they forced a manufacturer too close to the point of earning no profit S Appearing before the h house use banking committee on the admInistrations admInistration's administrations administration's administrations administration's ad ad- ministrations ministration's price control Henderson said however he would never recommend wage decreases merely to lower a a aprice price ceiling S If a proposed wage Increase appears unwarranted J he e said and if it a wage Increase would make prices too high I would 1 make representations to whatever what hat I ever ag agency nc was necessary sary We I have the authority t to make ake rep rep- 5 S 'S J. to the office of ot production production production pro pro- management Asked by Representative Crawford Crawford Crawford Craw Craw- ford R. R Mich whether r wage costs were not reflected In total costs sufficiently to warrant wage cuts In some cases Henderson Henderson Henderson Hen Hen- derson replied The balance e c can can-be n n.-le n. be met if it No there is a proper margin industries now under a ceIling are operating without a a. a profit Its It's not up to me to tell teU an employer employer employer em em- to cut wages Saying that last reports Indicated indicated Indi mill labor Jabor now had a a. point 2 cent 8 advantage In the 6 per per per percent cent rises respectively In living costs costs' and wage Increases the Ih cost Henderson added that of living will cat catch ul up with ith it ti S 'S 7 |