Show nef NEWS RE REVIEW cief W inflation worry grows CIO seeks pay raises INFLATION to be dou done administration pressure to force the adoption of president Tr n 8 proposed anti inflation n panacea involving wage and price controls was increasing steadily latest in a procession of cabinet members testifying before congressional committees committe eq in favor of price controls was clinton P anderson secretary of agriculture he bluntly warned the house banking and currency committee that unless rising meat costs are halted price controls on that commodity would be necessary by early spring describing meat and grain as foodstuffs in which early shortages can be foreseen anderson pointed out the likelihood that early 1848 1948 would see fantastically nigh high prices ot of meat there was a profusion of thinking on the inflation problem which so tar far had done little except to promote widespread disagreement and uncertainty among the people the administration congress as a body and private citizens remained at odds concerning what should be done robert S nathan former government economist called lor for an immediate 20 to 25 per cent rollback in prices and predicted a bust next year it if the situation remains uncontrolled secretary of the treasury john snyder issued a direct challenge to congress to come up with some workable idea of its own to combat rising costs of living earl bunting president of the national association of manufacturers epitomized the attitude of private business and industry in general by calling for greater production per man per day reduced taxes a and n d a curb on exports what it amounted to was this you either were in favor of price and wage wag controls or against them you pay your money and you take your choice but in any event with inflation a predominant condition of the economy you pay your money WAGE DRIVE third round since there apparently Is no way of eliminating inflation in the foreseeable future the CIO decided the best thing american labor can do is to string along with it that was the philosophy behind CIO president philip murrays Mur rays announcement no ao that the labor organization would seek general wage increases tor for its six million workers in basic industries it presaged a new serle series a 0 of f labor difficulties which probably will reach a crucial peak next march and april more than that tt it was the development most feared by economists frantically trying to combat inflation official launching ot of the third general round of wage demands since the war murray seeking to justify the decision claimed that since the war workers had suffered a net loss of is per cent in the purchasing power of 0 their weekly earnings despite wage increases ile he added in a tone of disillusion ment that the CIOs move for another pay raise grew out of his and other CIO leaders moral certainty that congress congre would do nothing to halt balt iffla inflation alon ss and its continuing and dangerous impact on the tha american worker he hoped he said that it wa wont n t be necessary to have strikes the decision was not entirely unexpected secretary of labor lewis Sch had seen it to in the cards earlier when he predicted such a development and y warned that pressure for general wage increases was mounting with rising prices meanwhile congress dissatisfied Sch W ith h president tru mans id 10 point anti inflation program continued working on cost of living problems with two cabinet officers under orders to draft cefic bills to fight inflation LEAGUE for politics ever since the tait taft haruey hartley act outlawed the spending ot of labor unton union hinds funds lor for poll political purposes the tha unions have been busy setting up special agencies through which they can apply political pressure in 1848 1943 most recent such political league has been organized by the international I 1 association ot of machinists IAM it Is called the machinists nonpartisan non partisan political league and will aid working people exercise their right to vote more effectively according accord mg to harvey W brown IAM president in 1948 it will concentrate on replacing the pro employer tart taft hart ley congress with one composed of those who will consider the interests of all groups in our country rather than the narrow interests ot of a single group other leagues ol of similar political bent are the CIO political action committee the labors educational and poll political league the railroad unions railway labors political league and the communication workers group WARFARE plastic tanks tanks as we know them may be tor for the memory only in a few more years if 11 the prediction ot of maj gen james M gavin Is sound in the event ot of another war tanks made largely ol of plastic and light enough to be flown from one front to another will play a decisive role the military expert said in a copyrighted article in the armored cavalry journal gavin who commanded the parachute assault troops in the normandy invasion said the heavy tank ol of world war II 11 is so outdated it belongs to in the smithsonian sn institution ution either we develop the means that will enable us to fly everything we need lor for combat or another nation will he asserted if U another does wen well weve had it |