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Show NON-UNION MEN j SIGN CONTRACT Operators Holding Forces;; Building Boom May . Reduce Rents. BY HARDEN" COLEAX. Special Correspondent of Tho Standard-Examiner Copyright. 1922, by The Standard Examiner. WASHINGTON, April 10 The Mine Wprkers of America have definitely defi-nitely failed to srvrinpr th- nonunion miners of West Virginia Into thn coal etrlka Down In that fringe of the union fields where the real flcht between be-tween the nilnr and bperatoi is being be-ing waged, the operators, by grace of a decision of tlie upreme court of tliH United State, apparently have won their fight. The nonunion pup-ply pup-ply of millions of tons a week is regarded re-garded os no longer threatened,. Within tho past two week the nonunion non-union operators In West Virginia have completed contracts with virtually every employe on their payrolls. Tho contract provides: TERMS OE CONTRACT. "That so long a3 the relation of employer and employe exists between them, the employer will not knowingly know-ingly employ, t keep in his employment employ-ment any member of the United Mine Workers of America the I. W. W.. or any other mine labor organization, organ-ization, and the employe will not jin or belong to any such union or organization or-ganization and will not aid, nncour- ogo or approve the organisation thereof, it tn understood that the policy of said company is to operate a nonunion mine, that It Will nut enter into any contract of employment employ-ment under :iny other conditions. "If and when -said relation of employer em-ployer and employe, ot any time and under any circumstances, terminates, tho employe agrees that, he Will not thf-n or then after In any manner molest, mo-lest, or Interfere with the business, customers, or employes of the employer, em-ployer, and will not aid or encourage any one else in so doing." Tho preamble to the contract recites re-cites ibat it Is made "In order to preserve to each man the right ti do such work as he pleases and for whom he pleases and the right to payment in proportion for services rendered, to preserve th natural and constitutional right of Individual contract, to preserve to r ich individual the fruits f his own labor and to promote the Interest of both parties " ALL MI ST SIGN". Every mine worker obtaining employment em-ployment in a nonunion mine in vcst Virginia is required to enter Into such a contract und the men already on the payroll have le-;n signed up, according ac-cording t- information given this correspondent cor-respondent today The Pocahontas field was tho first to adopt the use of the contract and was followed by other nonunion fields, the lost one to use it being the I.ogan field The contract is authorized, iho operators op-erators claim, and' made binding under un-der the decision of the supreme court of the United States In tne iTItchman Coke & Coal company case, the point 1n that litigation being the right of employers to enter in:o such a contract con-tract with their men. The court upheld up-held the employers In their contention. conten-tion. Although the decision was hunded down several yearn figo. the use of the contract was decided upon in tho cual fields only recently. As n result, operators claim, tho nonunion fields are holding their own ag.iinst the efforts of the United Mine Workers of America to unionize them ORDERS COMING SLOWIAr. The car 6criee division reports that many loaded cars of coal are held at the mines in anticipation of orders. This situation applies to union mines us well as nonunion, tho operators op-erators being willing to pay demurrage demur-rage OH the coal in the belief that they will soon find a market. Production of s6tt coal during the second week of the sti ike Is expected expect-ed by the geological survey to approximate ap-proximate -1 000,000 tuns, ' a little higher figure than the output during dur-ing the first week. Coal still remains re-mains a drug on the market, however, and scores of nonunion mines are running n p:irt time purelj for lack of orders. Others are loading coal and shipping it away to the nearest railroad junction point, to be rocori-slgned rocori-slgned later, when buyers are found. This policy Is followed laigely to keep the nonunion labor employed and contented. It is a policy which Is seldom, If ever, followed in' normal times. BUSINESS ADVANCES. Aside from the coal strike, business during the week has recorded a con-tlnuatlon con-tlnuatlon of i'a steady advance toward to-ward prosperity. For two weeks past trading .n the New York Ktock exchange ex-change has averaged more than a million shares a day The stock exchange ex-change is regarded generally as an excellent Indicator of what to expect a few months later on in commerce and industry. Almost every trade rc-Ual rc-Ual lias been preceded by from four to six months, by great activity on the stock exchange. If the rule sun holds, the country should be In the full sunshine of prosperity next fall. The expected building Loom has come with such startling force as co surprise even the optimistic. The F . 1 odgi company returns for March ehows that in j 7 northwestern northwest-ern states contracts awarded totaJ $293,(8,6,000, an Increase of 05 per cent over February. Contemplated new work in March wag placed at a total of $613,000,000, more than double dou-ble the amount of contracts placed Tho returns cover but a part of the country, and the estimate is made by the. same authority, that March activities are at the rato of five billion bil-lion dollars a vcar. EXPECT LOWER RENTS Lower rents, therefore, ma be expected ex-pected in some cases as early" as next fall, in the cities showing the greatest great-est building activity. Builders generally gen-erally bellovo that lower rents are on the way the country over, although al-though the general reduction la not expected this year. Reports to tho federal reserve board from more, than 800 leading national banks show an increase during dur-ing the week of $147,000,000 in deposits de-posits and an additional 000 000 In loans to aid business enterprises More than 1500 now business concerns con-cerns have been incorporated since January 1, their total capitalization exceeding three and one-half mlllnn dollars, almost 20 per cent mora than during the Same period last year FOREIGN EXCHANGE NEW YORK, April 16. KorHgn exchange ex-change steady. b " Great Britain : Demand 4.41H: cables $4 4 14; 60 day bills on banks H 38. Franco: Demand 9 2Sfcc: cables 9 20c Belgium. Demand S 0r.c; cable 8.56UC Germany. Demand .ic, cables ..'H'ic Holland: Demand 37 X7c; cable 37 soc Norway: Demand 18 65c. Sweden. Demand 2S.00e. Denmark. Demand 21 22c. Switzerland Demand 13 43c, Spain. Demand IS. 64c. Greece; Demand 4.60c. Poland: Demand .02Hc. Caecho-Slovakla: Demand l.PSo. Argentine: Demand 3B Ouc. Brazil. Dnmand 13 3lc. Montreal ft . |