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Show Released by Western Newspaper Union. LABOR'S SHARE IN INDUSTRY SOME SIX YEARS AGO, in a hotel ho-tel in Wilmington, Del.. I picked up a printed annual financial statement of the DuPont company. It was unusual un-usual in its statements of the operations opera-tions of the company. It gave the total amount of the year's sales, and showed in amounts and percentages the disposition and distribution of that total. The larger amount and fiie largest percentage went to labor; la-bor; materials and taxes took considerable con-siderable portions; it showed the amount and percentage that went to sales and office employees; the small amount and percentage that went to management and the small percentage that was passed along to the stockholders. As I studied that report, its frank and understandable statement of receipts re-ceipts and disbursements, I could understand why the employees of the company, both in office and factory, fac-tory, were so loyal and enthusiastic In their praise of the company, as many had expressed themselves to me. That report showed the office and factory workers were receiving es their dividend a fair and just proportion of the returns from their work. I thought of what the result might be to American industry should all corporations issue the same kind of reports, and in such a way as to make them unquestionable. unquestion-able. I have received a somewhat similar simi-lar statement from the Pullman Manufacturing company. The company com-pany is typical of those engaged throughout 1943 in the production of war equipment for the government. This report does not show, as did the earlier one issued by DuPont, the total sales and the amounts and percentages per-centages of distribution. It does show how each dollar of sales was distributed. The larger part, 62.32 cents of each dollar, -was paid for materials. Of that a large proportion propor-tion would have been paid for labor in the production and transportation transporta-tion of the materials. For the fabrication fabri-cation of those materials in the Pullman Pull-man shops, factory labor received 21.92 cents of each dollar of sales; taxes, federal, state and local, 8.73 cents of each dollar; fuel, supplies and factory repairs cost 3.66 of each dollar; office employees and sales force received .64 of a cent and to pay for management took only .12 of a cent from- each dollar. ' There were some other small items of cost and it left as profit for the stockholders, stock-holders, those whose money provided provid-ed the buildings, tools and operating operat-ing capital, much less than 2 cents of each dollar. In all probability that showing is typical of most corporations engaged in the production of war supplies and it demonstrates the faisness of American business and the practicability practi-cability of the American system. Such reports demonstrate that the dividend paid to labor is a fair share of the receipts, of industry. OPA FIXED CEILINGS AND PRICE OF WOOD THE OPA tells us price ceilings are fixed to prevent an increase in the cost of living, especially for people of the cities and towns, and so prevent inflation. I recently had an illustration of how it works. Two years ago I bought wood for a Are place at a cost of $12 a cord. This year, when needing a new supply, sup-ply, a man offering the same kind of wood I had bought at $12 quoted a price of $23. I did not buy then but a few days later the price had gone up to $28 a cord. The $23 price had been fixed by, and was satisfactory to, the purveyors of wood. Then OPA put a ceiling of $28 on wood and the price immediately imme-diately went up that extra $5. Both the price and I hit the ceiling, but I paid the $28. That. I found, is how the cost of living is reduced by OPA ceilings. UNCONDITIONAL SURRENDER MEANS JUST THAT UNCONDITIONAL SURRENDER means the surrender of everything, with no questions asked. The one individual in Germany who can say the word for such a surrender is Hitler. To say that word means signing his own death warrant. It is doubtful if he will do that. The alternative is for the German armj to remove the Austrian paperhanger, take over the government and then surrender. For that to happen there must be a revolt in the German army. That such a revolt will come is fairly evident. It may be in th immediate future, and it may be s year hence. There must be no let down on the part of the Allies untii it does happen and there will not be ITALY SURRENDERED UNCON DITIONALLY and many of the ItaL ian people are eating and smilinf again. They are now suffering onlj from the Germans. It Is an exam pie of what unconditional surrendei can mean to the people of othei satellite nations. IF ANY of the, Allied 'people, a home or abroad, go hungry, it wil not be because of a strike on thi part of the American farmers. Thej have stayed on the Job regardless a provocation. |