The Connecticut labor news., November 24, 1923, Page Two, Image 2

About The Connecticut labor news. (New Haven, Conn.) 1921-1925

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Two
LABOR (Connecticut) NEWS
Magnetic Money
Dollars' in a savings account at the bank are like a
magnet. They attract others.
The larger your account grows the greater will be
its drawing power an the easier you will find it to
save.
A savings account can be
57 CHURCH STREET
That Boy of Yours
Some day your boy will have finished with school, and
you'll want him to go through College. Just wanting your
boy to have these advantages isn't enough. College
courses cost mony.
And it will be a fine thing for both father and son if the
boy is taught very early in life, that because an edu
cation is valuable it must be paid for.
Why not go partners with your boy NOW and, no mat
ter what his age open up a Bank Account m his name?
Teach him to save for the day when the possession of a
Savings Account may make all the difference in the
world as regards his future.
ROADWAY Al(KArfDjRUST Qf).
. NEW HAVEN, CONN.
Home National
Bank
MERIDEN '
SAVINGS DEPARTMENT.
FOREIGN EXCHANGE.
I INVESTMENTS.
BRIDGEPORT
SAVINGS BANK
Assets over $15,000,000.
. Incorporated 1842.
'4x Interest on All Deposits.
Open Monday and Saturday
Evenings from 6 to 8.
THE CITY BANK & TRUST CO.
124 Asylum St.
HARTFORD, CONN.
(Incorporated 1851
Savings Department
Deposits over 11,000,000.
Over 38,000 Depositors.
Z Pays Interest beginning the first
quarterly. ,
Total Resources over $17,000,000.
OPEN SATURDAY NIGHTS. '
Loans That Benefit
The Public
We make loans from $25 to
$300.00 on Household furniture or
Guaranteed Note to' people of
good character and having steady
employment. '
Lawful Charges Only.
Dealings Strictly' Private.
Rapid Service.
BENEFICIAL
LOAN SOCIETY
Room 108 New Spelke Bldg.,
Stamford.
Telephone 9-25.
Second Floor. 434 MAIN ST.
and
Room x, Waldorf Building,
Second Floor, 709 Main St
Hartford
Telephone 2-0-6-2-2
NATIONAL SAVINGS BANK
145 Orange Street Near Chapel
- New Haven
A MUTUAL SAVINGS BANK
Interest starts first of each month.
Service
Strength
started at this bank for $ 1 .
THE
WEST SIDE BANK
1418 STATE ST.,
BRIDGEPORT, CONN.
,. Assets of $2,225,000.
We solicit your business.
Open Monday and Saturday
evenings.
THE
MERIDEN SAVINGS
BANK
63 EAST MAIN STREET
Accounts May Be Opened and
Deposits MadVBy Mail
Resources, $10,000,000.
of each month and compounding
MECHANICS
SAVINGS BANK
"A Strong Bank and Getting
Stronger"
(Incorporated 1861)
44 Pearl Street
Hartford, Conn.
This Bank is . a strictly MU
TUAL SAVINGS BANK, with
ASSETS over $13,500,000.
DEPOSITS made during the
first five calendar days of any
month will draw interest from the
first day of that month.
We welcome your patronage.
Integrity
"Hellanmaria" Dawes
Aids Injunction Judge
Chicago, Nov. 24. "Hellanmaria
Dawes, officially known as General
Charles G. Dawes, called on his "Min
ute Men of the Constitution" to sup
port Superior Court Judge Sullivan,
whose vicious labor injunctions have
weakened the judiciary in the popular
mind in this section.
Judge Sullivan's injunctions have
jajiled men without a trial by jury, and
have ignored other guarantees accord
ed workers without question when
they are not on strike.
A committee appointed by the Chi
cago Federation of Labor prepared
and circulated several pamphlets on
the evils of the labor injunction. The
articles were masterful pleas for
equality before the law and the un
ionists mailed copies to injunction
judges, who, with their defenders of
the Hellanmaria strip, were dared
to combat labor's position.
The injunctionites remained silent.
Dawes' only reply is a public appeal
to his fellow defenders (?) of the
constitution to support the labor in
junction and vote for Judge Sullivan.
LARGE PROFITS IN FRUIT.
Boston, Nov. 24. Profits for the
year that will amount to between
$23,000,000 and $24,000 is predicted
by brokers interested in the United
Fruit Company. This is after all
charges and taxes have been met.
The immense profits were made de
spite the worst climatic conditions
ever experienced in the tropics, it is
stated.
Few 55-Cent Dollars
Paid New York Women
Albany. N. Y., Nov. 24. Thousands
of working women ar.e paid less" than
$10 a week in 'this state, reports State
Industrial Commissioner Shientag. v
lhese wages, the commissioner
said, are being paid at a time when
experts place a 55-cent valuation, on
the dollar. The figures were furnish
ed by the employers.
The report-is the result of a study
of wage conditions among 80,000
woven over 16 years, embracing 278
firms in New York city, and 299 in
other parts of the state. Rates of
$1 oand $12 a week are most common.
In the confectionery, paper box,
tobacco, collar and shirt industries,
and in mercantile establishments
throughout the state, 0,000 women
are paid less than $16 a .week. x More
than one-fourth of the women em
ployed in the factory industries and
more than one-fifth of the women
working in the mercantile places are
paid less than $12 a week. Many
thousands of women, the report adds,
get less than $10 a week.
In th industries studied in New
York city approximately one-half the
women workers received less than
$16.25 and a similar proportion up
state receive less than $14.25 a week.
, MOVIE OPERATORS WIN.
Springfield, 111., Nov. 24. Movie
operators in this city have broken a
lockout and secured agreements with
severa Jof the picture houses.
Come Along and Grow
With Us
Start your Savings Account with
$1.00 and let this bring compound
interest.
Pay your bills with CON
GRESS BANK & TRUST COM
PANY CHECKS.
Your account is solicited.
Bank's resources $384,000.00.
The Congress Bank
& Trust Company
Si-53 CONGRESS AVE.,
Cor. Commerce Street.
NEW BRITAIN
NATIONAL BANK
4 on Savings
All Deposits Under United States
Government' Supervision.
SOCIETY FOR
SAYINGS
"The Pratt Street Bank"
HARTFORD, CONN.
One Hundred x and Three
Years Old
More Than 70,000 Depositors
Resources Over $47,000,000
"Some by hard labor, and others
by superior skill, earn high wages,
yet, for want of proper manage
ment, they ,have nothing before
hand. Many might be disposed to
save part of their earnings if they
knew how to set about it. or where
to place it with safety, whilst
others, who have occasionally prac
ticed saving, have lost what they
have laid up, by trusting it to im
proper hands." -
Baerfaets
M. BAER, The Congressman-Cartoonist.
International Labor News Service
By J.
Labor Can
There are abundant reasons
why organized labor can be
thankful this year. The unor
ganized workers can also be
thankful to organized labor for
their splendid working conditions-today.
Let Labor be . thankful be
cause it has been able to main
tain the American standard of
living in spite of the fact that
the most powerful organization
of industrial autocrats in the
world the "open shop" tried
to destroy trade-unionism and
thus force long hours and low
wages on all workers.
Let Labor be thankful for de
cent wages ,at least as paid in
all organized trades. While
wages have not kept pace with
the cost of living and other
necessities, had it not been for
Labor's unity profiteering
would have reached untold
heights and workers would be
receiving starvation wages.
Let Labor be thankful be
cause it is building the most
powreful trade-union move
ment in the world. Pessimists,
enjoy pointing out that the
membership of the American
Federation of Labor has fallen
off, whereas it can be authorita
tively stated that the American
Federation of Labor now has
membership of over FIVE
MILLION.
Labor is thankful to the many
men who heroically sacrificed
everything even to going with
out v food and shelter to win
the strikes (sometimes lock
outs). It was during the per
iod of the strikes of the miners,
shopmen and textile workers
that the dues-paying members
fell off, but the membership
never wavered. They can be
U. S. COURT UPHOLDS
ANTI-JAP LAND LAWS
Washington, Nov. 24. The United
States supreme court has upheld laws
passed by the California and Oregon
legislatures against Japanese holding
or leasing land in; these states.
The opinions wefre handed down by
Associate Justice Butler, who said the
laws were not in conflict with the
treaty with Japan br with the four
teenth amendment of the United
States constitution.
In denying that the treaty was vio
lated, Justice Brewer said: "The pre
amble declares it to be a 'treaty of
commerce and navigation,' and indi
cates it was entered into for the pur
pose of establishing the rules to gov
ern the commercial intercourse be
tween th two countries."
Justice Butler further said that if
the plaintiff is tO' come within the
protection of the treaty, . he must
allege that in addition to being a
capable farmer, he is engaged in the
business of trading in farm products.
"To prevail on this point appellants
must show conflict between the state
act and the treaty," continued the
court. "Each state, in the absence of
any provision conferring the right
may enact laws prohibiting aliens
from owning lands within its borders.
Unless the right to own or lease land
is given by the treaty no question of
conflict can arise."
This legislation has aroused the op
position of the Japanese government,
which has protested against being
singled out from other nations. The
Japanese are not the only Orientals
who are barred, however, and even
were this true, Japan is pursuing the
same course in its own country
against the Koreans.
The decision will affect thousands
of acres of- choice 5land now held by
the Japs on long' lease in the two
western states. -California is the
largest vegetable-producing state in
the country, and for 10 years this in
dustry has been almost wholly in the
hands of the Japs.; This is wrested
almost entirely from them by the de
cision. WOMAN LEADER
SETTLES STRIKE
New
President of English Trades
Union Congress Proves
Able For Job.
London, Nov. 24. Miss Margaret
Bondfield, who less than two months ago
accepted the highest position in the or
ganized labor of this country, president
of the General Council of the Trades
Unions Congress, is given credit for set
ting the boiler-makers' strike, which is
estimated to have cost the industry at
least $50,000,000 and involved 70,000
workers. This disastrous strike lasted
seven months and affected shipyards
throughout the British Isles.
Miss Bondfield is one of Labor's Par
liamentary candidates in the general el
ection, as she was last year, when she
was defeated by a small margin. Re
gardless of party, many women in Eng
land are anxious to see her in the House
of Commons.
UNITED MINE WORKERS
HEAD OPERATED ON
Rochester, Minn., Nov. 24. Frank
Farrington, president of the United
Mine Workers of Illinois, was oper
ated on here at the Mayo clinic for
removal of his gall sac. His attending
physician said later his condition
was "very satisfactory."
Be Thankful
thankful that the miners and
textile workers" resisted further
wagecuts and that the shopmen
have forced a majority of roads
to settle. These three strikes
proved without doubt that or
ganized labor is invincible and
that it does not pay to force
union men into a lower standard
of living.
Let Labor be thankful that it
. Jias been the one factorin main
taining in America the right fo
organize. It has fought for and
established the great principle
of collective bargaining.
Let Labor be thankful that it
has shown legislatures that per
nicious laws, called "anti
strike" laws and other un
American measures have been
defeated thereby again pre
venting slavery in the United
States. C
Let Labor be thankful that it
has, since the war, recovered its
full rights. American Labor
has been a great factor inN main
taining the rights which were
guaranteed by the constitution.
It has stopped many attempts
to deprive the people of free
dom of speech, freedom of the
press and other liberties sacred
to every true American .
Let Labor be thankful, that it
has not only successfully fought
the greedy interests that would ,
crush trade-unionism from with
out, but it has destroved the in
fluence that is trying to tear it
down by boring from within.
Labor can be thankful for the
numerous loyal labor .newspa
pers which champion its cause
sometimes in trying circum-.
stances. It is thankful for nu-..
merous independent newspapers
and other periodicals which
have been fair in their attitude
toward labor.
RESERVE BANK
(Continued from Page 1.)
istration 01 this federal Keserve sys
tem, and especially the secret meeting
of the board and regional directors on
May 18, 1920. At this meeting a general
deflation policy was decided for the fall
of 1920. It was also decided to send
a committee before the Interestate Com
merce Commission and ask an increase
of railroad rates, thus inflating the rail
roads while deflating the farmers, and it
was also decided to keep the deflation
policy secret until fall.
"The farmers did not know of this
meeting; Henry Ford did not know of
it. However, most of the large financial
interests did not know it and they im
mediately floated vast loans to carry
them through the deflation period. While
the loans of the Federal Reserve were,
in fact, increased during this period of
secrecy, still they were all absorbed, as
well as other vast sums, by the great
financial interests which were informed
of this secret policy. The greatest evil
of all was this further inflation after a
secret decision for deflation! -
"In October,; 1920, representatives of
the Federal Reserve banks came into my
state, and perhaps in all of the states,
and notified the farmers that they were
over-loaned and that they would have to
sell their crops andreduce these loans.
The result was the greatest farmers'
panic in the history of the United States.
"The surplus of the Federal Reserve
system is now $218,000,000, including
$63,000,000 in buildings. About two
thirds of this vast "sum comes from the
farmers and laboring people and it, too,
belongs in the Treasury of the United
States, which rightfully belongs to the
farmers and laboring peope of the coun
try and it has been collected by govern
mental agencies in bringing the farmers
to their present plight. This sum is suf
ficient to aid the farmers and laboring
people in setting up a co-operative re
serve bank to support a co-operative
marketing agency of their own, all of
which should ultimately be turned "over
to their own control. -The magnificent
Federal Reserve bank buildings are now
occupied bythe Wall Street crowd alone,
except one lone farmer. They should
be required to move over and allow one
half of this space to the Farmers' and
Laborers Co-operative National Reserve
Bank and Marketing system.
GOVERNOR URGES
( Continued from Page One.-)
stantly the putting of laws on the
statute books that are necessary to
maintaining equality between citizens.
The Esch-Cummins act, he de
clared, provides for a railroad rate
that shall enable the railroads to earn
$2 pe rcent. on the appraised valua
tion of their property. While the
word guarantee is not used, it
amounts to the same thing, he said,
but declared there is nothing of the
sort for the men.
"Only by the strength of the unions
are they entitled to a living wage. I
don't call that 20th century democ
racy," he said. "The owners of an
industry for which it is necessary to
obtain a public franchise are permit
ter to charge off 10 per cent, a year
for deterioration of the paint so that
it can be kept in as good condition
as new.
"What about a man who has
worked for a plant until he is 60? He
may be a stoker under the boilers.
He may have saved something, but
not much. When he arrives at old
age his boiler is all worn out and
is thrown out on the ash heap along
with the ashes. But capital is re
newed. . . . We ought to have a
law to compel corporations to draw
on their surpluses for the protection
of the unemployed. We'll have some
thing of that sort some day."
OE
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Safety and Service
Continued conservative manage
ment, rigid adherence to banking
laws, and ample capital and surplus
have made this institution deserved
ly known as a safe bank.
Unfailing courtesy and the constant
endeavor of. officers and employes to
anticipate the customers' wants
have won for it also an enviable
reputation for helpful service.
Merchants National Bank
Chapel at State
New Haven, Conn.
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M REFERENCES
5 that help men to jobs usually indicate steadiness
S and capacity for systematic effort.
A steadily growing Savings Account does just
E this. It is worth any man's having if only on
E this score. v
E - This institution is a Mutual Savings Bank and
MM
5 its depositors are its owners.
I dSdDUdDdCSCBilUdSlWil 1
H Established 1857 '
g 47 Church St. New Haven, Conn. j
EE: Member New Haven Trades Council Co-Op Campaign ES
EEEE -
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OPEN YOUR ACCOUKT
AT
The Mechanics Bank
CHURCH STREET AT CENTER
NEW HAVEN. .''' r
Open Saturday Evenings From Six Until Eight.
The Old Family Bank
The New Haven Savings
Cor. Orange and Court Streets
New Haven, Connecticut
Chartered 1838
Offers
Protection
Security
Ford's Profits
$67.71 On Every
Vehicle Made
New York, Nov. 24. The Detroit
plant of the Ford Motor ' Company
made a profit the last fiscal, year of
$67.7y on each of the 1,834,000 cars
manufactured. The Canadian com
pany produced 73,273 vehicles at a
profit of $69.29 a unit
The Canadian company charges
higher prices, yet the Detroit plant
makes practically . the same profit
though the Detroit list price for a
touring car is $140 less. To cut Can
adian costs, complete plants will be
erected in Canada and the importa
tion of steel, iron and parts will be
abandoned.
Less White Plague
New York, Nov. 24. The death
rate from tuberculosis in this city has
been cut 4 per cent this year, accord
ing to the New York Tuberculosis
Association. -The number of deaths
in the first" nine months of 1923 was
4,376, or 139 less than for the cor
responding period in 1922. The de
crease in -this city has been almost
constant for 25 years.. In 1898 the
number of deaths per 100,000 was 283
and last year it was 99.
Bank
Safety
Canadian railways refuse wage in
crease to maintenance of way workers
on the ground that wages cannot be in
creased without a corresponding increase
in transportation rates.
NIEHT
Private Touring Cars and Sedans
always ready.
Our rates are reasonable and our
service such that our business is in
creasing daily.
CENTRAL TAXI
SERVICE
80 SOUTH ORANGE ST.
Phone Liberty 896
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