Show economic 0 highlights ri t S in tile tho past labor troubles have usually consisted of disagreements between employers and unions in tile future cutill 0 some of oil our r labor troubles may bo be the fruits of a remarkable phenomenon disagreements between different kinds of unions signs of this have already ap pe penna ared in a few str kos tor for in feared in a few strikes the ship strike tit in new york shoe strike in maine and tho the the automobile strikes for instance principles in tile argument are the committee on oil industrial organization iza tion headed by john L lewis and the old american federation of labor headed by Willi william ant oreen green seeds ot of discord between these groups were sown long agthe ag ago the A P of L Is the staunch defender of tile the craft unton union at a union composed of men doing the same kind of work though they may be employed in a hundred different industries dus tries CIO dream is the one big union lillion for example all the automobile workers would be listed in one union all the steel workers in another and so on irrespective of what their jobs were in ill those industries now every time a labor controversy starts represent ives of the CIO and the A F ot of L immediately appear on oil tiie the scene attempt to influence workers to joli their or in cases CIO and the all AIL are larther farther art and more bif bitterly terly ased opposed to each other than are to ito str strikers akers and companies matters reach a comic stage tor for example recent cases are on record such auch as where a CIO picketed a shop collop as being unfair to organized labor and was in return pic picketed kited by an A F of L man with a banner declaring the same bame shop fairl so far the CIO has had the best beat of the battle but the A F of 0 L hoisted the flag of 0 surrender yet it Is far bigger than the CIO has great prestige within it lre are sonic some of the richest best establish oil od unions big A P F of L hopes aro are pinned on oil a change in tho the national labor relations act Wagn wagner er act which it hopes congress cong Tesa will endorse As now constituted this act forces elections among workers worker 13 when trouble appears in fit an all industry those elections aro are secret are impartially co ducted and workers vote tor for what ever they want union getting tho the majority vote Is the legal representative ot of all the workers and other unions are out A F of io wants an all am ammend merta to tile act which would permit a cratt craft union to i represent ep its members in an all industry irrespective arres dec of 0 what union speaks tor for other workers in the same industry it may be that such an all is ia necessary to the very life or A F of L in an all industry cratt craft workers who are usually ali highly gilly sk skilled billed men are in the minority and can call be calmly outvoted tile the company union business week says Is definitely on th motor company held by watie wane may entirely disappear before long workers just dont like it recent test teat case in the packard motor company election held by the labor relations doard board when workers had their choice between a company union and a CIO union CIO came out on top by a tour four to one majority so the inter union ware faro will involve only the two major groups CIO and adof 4 both aro are girding girol kig for tile the fray both realize that they are in for real action doth both have been raising money nowadays are big business and require tremendous war chests both are conducting most intensive drives in years W what hat influence a labor civil war will have on oil labors demands on oil management remains to bo be gee seen under any circumstance tile the feeling is growing that legislation imposing responsibilities ton unions as well as corporations must be passed I 1 r at best the ot of the tha Treas rury la is a hard job under present conditions say observers tu 4 Is a valor major headache to its occupant mr mergenthau thau the failure of present revenue re to measure up to predictions makes it essential tor for the treasurer to issue more bonds at wo the end ot of ills fiscal year it Is up to mr mergenthau thau to assay the market get the money at as a low rl oi rate as po possible Ible this takes plenty of figu roping in the substantial drops in government bond values occurring early cart this year drops that have been but 81 recovered no authority th I 1 1116 the decline was due to doubt of governments credit it was due instead to more private financing offering ott ering higher interest rates than government bonds to profit for the raising of money with which to pay income taxes sand and highly important to tile tha federal reserve He serve boards order to i its members to fo jno increase r amse their do de reserves reserves which necessitated heavy liquidating of governments treasury long term issues have been paying around two and ono one halt half percent on par value now bonds will have to pay about 3 per der cent which means that carry ing charges will cost the government millions more than formerly |