Show economy hits screen world hollywood calit calif fifteen of the principal motion picture producing companies followed the lead of para mount famous players lasky in agreeing to an immediate reduction of salaries of all persons in their organizations from the executive heads down to 50 a week employees and including their high salaried featured actors and actresses the agreement was made at a conference of off officers leers of the producers following which a statement was issued announcing the retrenchment trench ment which embraces salary reduction of 10 to 23 25 per cent tor for executives departmental heads and producers all contract players such as stars directors actors writers and other artists are being asked to consent to the 10 20 per cent salary reduction |