| Show A ge 96 Increases Should Await Irman man Defeat Says Saw Vinson eie TON NOV 20 UP n. n Stabilization Director delivered another y to organized lafOr lath la- la fOr tor of the th- an Immediate re re- re little steel formula is I general Increases in ing inthe g that the nation must Rage and Price p policies guarantee a wartime e eco eco- ability i ale y acid lead to jobs job ba Vinson it II gave Save gavett Indorsement to the thc theros tt 1 by the ros tat t of Presidents President's living committee committee- interpreted cd l Ie e to as asbor labor bor deman demands 8 lor for On of ot f tt t Present wage pol- pol poly t the that t auld any y general wage i Ii beate have to wait until 1 i The cost of living living- committee headed by War Var Labor Board Chairman William H. H Davis said in its report to President Roosevelt Roosevelt Roose Roose- velt elt that living costs had increased in increased increased in- in creased 29 to 30 between Jan 1 I 1911 and Sept 15 1914 1944 but that earnings of most workers had also improved notably in that time Labor has based its demands for general wage Increases Increases in increases In- In creases on ground that living costs have gone up some 44 Vinson said the Davis report was was' a car careful ful thorough and disinterested disinterested disinterested dis dis- interested survey of ot the thc subject that it was supported by the overwhelming weight of Impartial and expert evidence and that it confirmed the general belief that thata a good job has been done in sta sta- on rape Page Three Three Column Four Vinson Dims Hope I Of Wage Raise Continued d from Pane Pace One wartime prices and living costs The stabilizing directors director's Indorsement indorsement In- In of ot the report came as ashe the he American Federation o of Labor and the tile Congress of Industrial Organizations Organizations Or Or- opened national conventions con- con where the present wage policies were scheduled for bitter attack Affirming the administrations administration's determination to hold the line on the he front Vinson admitted admitted ad ad- he ho was frankly disturbed to o note that after a year ear of compete complete complete com com- pete stability the cost of living has las risen slightly but perceptibly during the past six months This he said must stop and the price administrator and I will use special special cial ial vigilance to this end We cannot afford to relax our efforts he said So long as the war var absorbs half of our national production we must hold prices at t their present level in order to preserve the purchasing power of the he workers worker's pay envelope The statement was taken to mean that wages also would have to o be held at their present level leveland leveland leveland and that Vinson would not recommend recommend mend any general upward revision revision sion ion of the little steel formula which limits pay increases to 15 1510 above the Jan 1941 levels The cost of Iving lying committee indicated indicated in- in that It considered any excess excess ex- ex cess ess in the rise of living costs over wage increases as part of labors labor's labors labor's laor's la- la bors bor's fair share of the many sacrifices sacrifices sac- sac involved In the war Vinson said that while every effort is being made to hold the presen present t wage price-wage line plans must be made to meet the changes with which victory in Europe will bring ring us face to face Such a program program program pro pro- gram he said must 1 Put consumer goods from reconverted on the marcet market market mar- mar ket at prices low enough to provide provide pro- pro vide fide mass markets and full employment em- em 2 2 Provide a wage policy to give workers earnings high enough to o buy the products of our expanded expanded ex cx- ex- ex and reconverted industry 3 Have wage and price ceilings ceilIngs ceil- ceil Ings geared to expanded output and high employment to insure high and stable prof profits Us for free American enterprise |
