European Stars And Stripes (Newspaper) - January 20, 1950, Darmstadt, Hesse A the stars and Stew selected As the nation s 1o outstanding Young men ___.__mi�bTa8bam a rms a i r 3&t8g�i� s enter Harold Bush actor lecturer and author who wrote the Bill a he i to both Lute in pm Ion while Pamir Wurr a Chrysler workers Ujj profits hit 600 million i history _ _ to if of. T it of i Xii in in a nits . Threaten strike Over pensions Detroit Jan. 19 up the United Auto workers Cio yesterday ordered a nationwide strike of 90,000 Chrysler corp. Employees wednesday unless pension and other welfare demands Are met. Strike notice was served 14 hours after the Law turned thumbs Down on a Chrysler offer of s100 new York Jan. 19 eral motors corp. Earned he. F of. Jail at least six persons were injured some seriously when a Punchbowl of cafe Diablo Devil s Toffee exploded As lighted Brandy was being poured into it Al a Trade Union dinner Here. Cafe Diablo is made by heating Coffee Over an alcohol flame and then pouring Brandy into it. As the Bramly is poured it is ceremoniously lighted with a Candle. The dinner broke up in panic As shattered Glass and flaming liquid sprayed Gueste 25 feet away. Norman Matthews Chrysler director. Matthews called freezing of non economic provisions of the con tract for five years ridiculous changes in Union Security grievance procedure seniority and other matters Are Jong overdue a he Chrysler pension offer would supplant the present contract which expires aug. 1, the new agreement running for five years with Only wages subject to negotiations. More motors. Demos Battle morhous Erule Washington. Jan. 19 up administration leaders sought o crack the whip Over faltering dem-1 of crafts yesterday in their figlus retain control of the House of representatives speaker Sam Ray bum said he would try to bind All Mem-1 Bers at a party caucus to oppose the scheme of an anti Truman coalition to Grant life and death Power in the exiles committee Over Moi of president Truman s legislative test Wilt come on a proposal. If. We compared 1936," 813 per share last year s profits he stated Are Likely to move up to Over 8600,000, 000." such a figure is Well Over $13 per share on outstanding common Stock on which 1949 dividends to tales s8 per share. In 1948, net in come amounted to 5440,447,724, or $9.72 a common share while com Mon dividends that year aggregated s4.50. Sloan implied that the record breaking 1949 profits were less impressive when viewed in the Light runaway in Givie imperils City trainmen Pray out Load on 22-mile ride. _ _ m n7r. A i Frim err-ioo/1 Terr Feltl i of Fol Lic Milava Kee. Jan. 19 up two Railroad men have admitted they prayed out loud As their diesel locomotive took them on a runaway ride for 22 Miles through the heart of this big die Al with fireman Bea Jamin Fuelleman and Engineer William Jordan was hauling the Milwaukee Road s fast olympian Hiawatha toward Milwaukee when they smashed into a huge trailer truck Here. The Impact wrenched the diesel Loose from the rest of the train and impaled the trailer s wreckage on. Its nose. The truck s Driver was losses Clear uninjured. The collision occurred on a Long downgrade and the diesel its Brake system smashed out of order began picking up Speed Jordan and Man tried desperately to Stop it. Meanwhile trainmen in the olympian flashed word ahead about the runaway and ordered All tracks diesel swayed along Sharp curves crossed the main Street at a Grade ran parallel to another business Street Lor several blocks and on into Milwaukee after Roar ing through four freight Yards. It had the appearance of a Are breathing engine swayed dangerously around a Sharp curve but stayed upright As it careened Over the Milwaukee River Bridge. Then it was on upgrade beginning to slow Down and finally came to a halt he said we find that the return on capital employed Rose Only three percentage Points. And to accomplish this we had to increase our sales in terms of 1949 dollars from $2,500,000,000 for 1936 to $5,500 000,000 in j949."gm had available for taxes and profits in 1949, he added something Over $1,100,000,000. The Only Way the stockholders can get their profits he continued is through dividends. Of this $1,100 000,000 the government take in corporation and individual income taxes based on 1949 profits is Esti mated to be Over $600,000,000. Thus there is left for the stockholders spendable income of about $500,000 000. But in addition the business that the stockholders created paid the government 4400.000,000 in excise and other taxes for 1949, it would seem to me that the politicians should be inclined to encourage a performance of this Magni motor Industry Sloan asserted is not yet in a truly buyers however he predicted the second half of 1950 will definitely bring a buyers Market for All he softened this pre diction however saying i thought exactly the same thing a year Brewster urges Truman to renew Spain ties Washington Jan. 19 sen. Owen Brewster after a Call on president Truman said he discussed the Spanish situation with the president and recommended that this country return an ambassador to Madrid. Brewster said he urged this action on or. Truman from the standpoint of the . Own interest particularly the Asp it of National Security. Brewster said the pres ident did not commit himself. Adopted by Che Rule last Friday by a 9-2 vote to reverse an action by which the House Aii year trimmed the rules com Mittee s authority. Under the p to ent Rule the committee now to regulate but not halt the of legislation to the House floor Cox leads if fat in cases where the rules con. Mittee fails to approve a Bill h chairman of the regular legislate committee that handled it a i bring the Bill to the floor a to a 21 rules committee has dominated by a coalition of re publicans and Southern Democrat. Rep. E. E. Cox id a is the cry Man and sponsor of the proposal return to the old Ray bum worked Over democratic strategy to retain the present Rales other pro Truman Democrat telegraphed absent party members to return to Washington fast. They said the showdown could come tins weekend. Faye Emerson s divorce becomes effective Cuernavaca Mexico Jan. A Faye Emerson s divorce i n Elliott Roosevelt has become festive Alfonso Roque i signed papers saturday and the ii decree came tuesday. It leaves actress and Roosevelt Iree Voma at any urn
