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t%&*7^T if *f Ft !r i~". i $15®vJ?*v $**? 4' -v »i, —.•.?.-i^s «V sf^ VOL. XXVIII. No. 8 1 v U By International Labor News Service. New York City.—On May 19 the Federation Bank and Trust Company, of this city, celebrated the fifth anni versary of its founding. Its proud boast that it is the most representa tive banking institution in the coun try is backed by its roster of stock holders and depositors. There are more than 40 international unions listed as stockholders, while more than 50 are depositors. More than 150 local unions "hold stock and more than 400 are depositors. With Samuel Gompers and Gov. A1 Smith in attendance the bank opened its doors May, 1923, with a capital and surplus of $500,000. Both then opened accounts. Its resources are now more than $21,000,000. When the bank was two years old President Coolidge wrote to the presi dent of the bank, Peter J. Brady, say ing: "On account of the nature of your depositors, you have one of the greatest responsibilities of any bank ing institution in your locality. It must be-a success." On the fifth anniversary President Brady, whose tremendous energy and resourcefulness have contributed the directing force toward success, said of the bank's record: "Five years ago organized lcflbor in New York began a tremendous experi ment. The New York State Federa tion of Labor and the Central Trades and Labor Council of New York city, representing close to a million wage earners, decided to enter the field of banking. Men and women in all the various branches of industry were re ceiving increasing compensation for their services standards of living were being raised the demands for education ol' children and the workers GOVERNMENT OWNERSHIP Favored Only Until Profits Are Assured Washington.—Government owner ship fails because pioneering is done under this system and private inter ests take control when profits loom, said Congressman La Guardia. The New York lawmaker called at tention to a statement by Mr. Deni son of Illinois on the floor of the house that the government owned and oper ated barge lines on the Mississippi and Warrior rivers should be turned over to private operation when they are on a paying basis. Mr. Denison said the government "ought to carry on this work when private capital can not and will not go into it, in order to demonstrate that it can be done successfully and profit ably to the shippers and then the gov ernment ought to get out of business." "It requires no imagination to know just what will be said when that time comes," said Mr. La Guardia. "It will be argued that the government lost money that it is unable to operate and after it is turned over to private operation it will thereafter always be used as an example against govern ment operation. "It will be entirely forgotten that it took the government to initiate the plan, develop it to the point of profit- i ss i 2nd and High Federation Bank 5 Years Old Resources Over $21,000,000 More Than Forty International Unions Hold Stock And More Than Fifty Are Depositors Four Hundred Local Unions Support Now Powerful Institution. f- V f1-* -J »y*M* themselves were multiplying, and there was a feeling in the labor world generally that it was time for a new deal in so far as the handling of the finances of the wage earners was con cerned. "The organizers of the Federation Bank and Trust Company saw the possibility of teaching the workers to save money. They believed that work ing men and women could be aided in a sound financial way to become own ers of their own homes and rear their children in an atmosphere hitherto un known in the congested centers of population. This vision has been par tially realized, but the realization was not brought out entirely by the forces of labor. Experienced bankers, econo mists, publicists, captains of industry, merchants and professional men all have joined to lay down the great cor ner stone of confidence upon which has been builded the bank's success— a triumph not attained by any similar institution. "We have proceeded to build this bank just as a good mechanic goes about any job in which he has real pride. We have seen to it that every part of our structure has been build ed soundly and in an enduring way. "The bank has grown rapidly in its five years of existence and there can be no question but that it will grow much more rapidly in the future. Through the bank, organized labor has learned much of the problems of the business world and the businsse world has learned much more about labor than it knew before. The bank will continue to promote this better under standing, and I am sure this institu tion is destined to stand as one of the great monuments of organized la bor in the city, state and nation." able operation and then to be grabbed by a private corporation to enjoy the profits. Yet, when that time comes I dare say that every one of the so called conservatives will be ready with their made-to-order speeches against government operation. "It was the same with the .railroads. When the country was confronted with an emergency that required the greatest efficiency in the operation of the railroads the companies came cringing to Washington admitting that they were not able to perform the task. The government took over the railroads and demonstrated the waste and loss of private operation. It took the government to show how terminals could be used in common, how dupli cate freight lines could be eliminated, and no matter what may be said the government operated the railroads ef ficiently during a period of crisis when the operation was under every pos sible disadvantage." LABOR WANTS LIGHT ON PRISON-MADE GOODS Pressmen's Home, Tenn.—The an nual convention of the Tennessee Fed eration of Labor objects to the secrecy of convict-made goods in the state and to the secrecy surrounding treatment of convicts. State officials were called upon to furnish the names of concerns oper ating the prison factories and to allow officers of the federation to visit pe nal institutions and investigate con ditions. THRIFT SHOE BASEMENT OFFERS YOU The Best Shoe Values IN TOWN LOOK AT THESE BARGAINS Children's Newest Style New Strap Slippers Ladies' Novelty Men's Spring Pumps and Oxfords Shoes Oxfords All sizes, in patent, gun- All heels, in patent, black Welt soles, rubber heels metal and blonde kid— kid, blonde kid, red kid— $1.90 $3.90 $3.90 Thrift Shoe Basement 3*-' ~TUfti (Copyright, W. U.f By International Labor News Service. Washington, D. C.—Indications are that the United States senate will keep its word, while the house will keep its obligations to labor's oppon ents, in dealing with the Shipstead anti-injunction bill. Leading members of the senate judiciary committee have informed President William Green, of the American Federation of Labor, that they have about agreed on a report, in which will be embodied a substi tute for the Shipstead bill. A dozen of the leading lawyers of America have been consulted by the American Federation of Labor and by the senate committee and the draft Which will be reported will in all probability be the nearest thing to an agreed-upon draft that can be had. Senate committee leaders having the work in charge are credited with complete sincerity in seeking an anti injunction bill that will work and with great zeal in prosecuting their task. The senate bill may or may not come to a vote. Whether it does or not is regarded by many as of sec ondary importance, except that if the senate does come to a vote the meas ure will have some added impetus in the fall session. The house will not get to a vote and will not even see a committee report. The house com- black .v Y and brown calf— Under Dow's J* Em THE BUTLER COUNTY PRESS. Law Will Not Result in This Session, But New Prestige Has Been Won Senate Committee Leaders Keep Their Word and Have Report About Ready, but House is Faithful to Re action—Issue Up Again in Fall Session. HAMILTON, OHIO, FRIDAY, JUNE 1, 1928 June Brides Labor's Injunction Fight Scores Important Advance mittee is not rushing its work the contrary is the case. Upon that com mittee must rest the responsibility for throwing the bill over to the fall ses sion of congress—the lame duck ses »n. That there will be no anti injunction bill prior to the fall session now certain. Injunction judges will have at least one more summer of freedom to rule according to their likes or their prejudices. But the in junction issue has gained a new pres tige and labor's position has been materially advanced. MASS PRODUCTION SYSTEM Fails If Employers Get All Benefits Boston.—"Mass production can only be successful if followed by mass con sumption and this can be achieved by higher wages," declared the Inter national Ladies' Garment Workers' convention. The unionists point out that work ers pay for waste in industry. "The employer is protected by his fixed in come. The cost of management, too, is more or less defined. The banker is protected by the law of fixed inter est the landlord by the law of fixed rents. So, ultimately, it is the work er who bears the burden of waste in the form of lower wages. "Our quarrel is not with mass pro duction but rather with the way it is administered. What has resulted from the universal eagerness for increased productivity as at present administer ed? The answer is 'unemployment.' Promises that the worker would share in the benefits of mass production are not being realized. "He began to understand that he is the victim of mass production. It dawned upon him that the more he produced the less safe his position became. In a word, he felt the pinch of unemployment in the midst of pros perity. With this insecurity, he dis covered that the improved technique which he and his organization co operated in introducing worked to his detriment. The worker began to ask questions. The current phrase, indeed, ran, 'The benefits of our prosperity,' and his question followed, 'Prosperity for whom?' What did the new system of production hold for him? "Our present era of unemployment is quite different from previous peri ods of depression as it is due not only to cyclical causes but also to technical improvements in the machinery of business management. "The labor movement sponsors im proved technique which leads to in dustrial progress, but it insists that the economic interest of the workers shall be protected during the period of adjustment." ~*.-Ad'i fit A. F. OF L. Sends No Delegate to Ge neva Washington, D. C., (I. L. N. S.).— Announcenment, published last week on authority of the International La bor Office, to the effect that John H. Walker would represent the American Federation of Labor at the Interna tional Labor conference in Geneva has been denied by the American Federa tion of Labor. Mr. Walker is en route to Geneva, but not as a representative of the American Federation of Labor. The A. F. of L. statement says: The American Federation of Labor will not participate in the proceedings of the International Labor conference. It will not be represented either di- ii JKivaa & Heavy Axminster Rugs, 9 by 12 ft. Congoleum Rugs, 9 by 12 ft Third— Bayonne, N. J. (I. L. N. S.)—Defy ing the rules of company unionism, 2,100 oil workers at the Bayonne plant of the Tide Water Oil Company went on strike and did not return to work until the company granted five of the seven most important demands made by the men. When the men walked out, Rex Rogers, general superintendent, an nounced that the plane would be clos ed pending adjustment of the strike by the works council. But what the men thought of the works council was shown, after two whole days had passed without an adjustment, at a strikers' meeting. There a company statement was passed among them it threatened them with dismissal and loss of death benefits. The strikers greeted it with boos, catcalls and jeers some of the men tore up the statements, others threw theirs on the floor and trampled on them. The strike was in protest against conditions said to have been brought about through an economy program recently put into effect at the plant. A petition originated by fifty-five employes had been presented to the management through the works coun rectly or through an obsei*ver." At the International Labor office here, in the absence of Director Leifur Magnusson, who is en route to Geneva, it was said that the announcement that Mr. Walker would represent the A. F. of L. was an error, due to a misunderstanding in that office. It was said that Mr. Magnusson had tel egraphed from his ship just before sailing that he regretted the error and that he understood the truth to be that Mr. Walker was a distinguished American trade unionist who bore let ters of introduction from members of the executive council. FEDERAL ESTATE TAX PROVISIONS RETAINED Washington.—The senate rejected several attempts to repeal the federal inheritance tax. This tax can not be passed on to the public and strong efforts have been made to secure its annullment. The strategy of inheritance tax foes was to insist it was a state question. If this viewpoint were ac cepted. the states would then mm- llllllllllllllllllltlllllllllllillllllillllllllllill jr Extraordinary Values in Superb New Rugs The old Rugs won't do any longer. Not when prices are so low. New rugs like these and so economically priced mean that you must absolutely have them. All sorts of grades, all sorts of sizes, all sorts of designs, all sorts of colors and patterns. Such are the important high lights of this Sale. Re ductions on all sizes—from 27x54 up to full room sizes. Axminsters, Wiltons, Chinese, Persians, Wool Velvets, Brussels and Turkish designs. FEATURING $34.75 $6.45 Tnlaid Linoleum, Per vard Brenlin Window Shades KREBS Ratt-OF BETTER QUALITY—Rugs •*. •s». "". 'vv j"».^ V "-f.-X ONE DOLLAR PER YEAR Oil Plant Workers Strike In Defiance of Fake Union More Than 2,000 Men Walk Out When Company "Stalls" By Referring Petition to Board of Directors cil. The complaint had to do with the classification of a stilling operator, the replacement of men used for vacation substitution on two batteries of stills, and the reinstatement of an employe who had been fired on charges of damaging equipment and endangering life and property. In accordance with the work council's procedure, this peti tition was referred to the board of directors of the company. At 4 o'clock one afternoon the men, through their representative, advised the local management that they would not wait for a decision of the directors but wanted a "yes" or "no" answer to their petition. Superintend ent Rogers told the representative this could not be given. The men then stopped work and persuaded the em ployes of other departments to join the walkout. Mayor Bert Daly sought to act as peacemaker, but failed in a six-hour conference to y dge the strikers from their position. They told him that the regulations of the works council had not been lived up to and that they would not go back until the company agreed to conform to the rules. pete with one another to induce wealthy persons to live within their jurisdiction by failing to tax pass tax inheritance laws. Florida has taken this action by declaring in its constitution that the legislature of that state can not pass such a levy. ANY OLD KIND Of Injunction is Aid to Em ployers, Says Frey Washington.—When a labor injunc tion is set aside by a higher court, the writ has served its purpose, says John P. Frey, secretary-treasurer A. F. of L. Metal Trades department, writing in the bulletin of that organization. These injunctions, said Mr. Frey, are just as serviceable to the employ er as if they were not set aside, as the issue between the employer and work ers is generally terminated. "In practically every case where in junctions have been modified by high er courts the result has been similar to the jury finding the accused not ?uiltv after he has heen hanged." Ill!llll!l!!!!l!llll!lll llllllllllllllillllll .9 irLVj ,'4"' $1.00 $1.08 —Court ft 1 i I A