European Stars And Stripes (Newspaper) - January 31, 1950, Darmstadt, Hesse Page 6 the stars and stripes tuesday january 31, t950 business in the . Strikes slow Industry Economy sound despite tie by g. A. Phillips Nav York. Jan. To api unsettled labor conditions brought slower Pace in business and ind entry last first major strike in 1950. Coupled with unfavourable operating conditions caused by the Coal Shor Tage and by bad weather in Many areas was simply too much for the Naipun i Economy to Lake on with out showing some results were slight decline in Over ail Indus trial production for the first time this Sharp expansion in unemployment probably to the highest aggregate since the business slump Las year. Many thousands of work ers voluntarily joined those Al ready jobless others were forced to 6ay Home because of secondary effects of Industrial slump in retail Trade in areas immediately involved and cautious buying in other parts of she coun spells of nervousness by Stock and Bond markets which clipped nearly �500,000,000 from the quoted value of listed shares during the week. Business Confidence slightly shaken business sentiment therefore was not quite so confident and Jaunty As it was at the Start of the new Yea while Industrial production and business generally were hampered by the sudden worsening of the labor situation everything did not go to pot at once. Judged by any measuring device other than those in style during the highly inflated War per Iod production distribution an demand for goods and services were at a High will take More than a strike at one major Auto factory and recurring work stoppages in Coal mines to inflict anything More than glancing blows at the currently Strong late report of the Federal Reserve Board showing Industrial production up to 178 of the 1935-39average in december and still expanding at the latest look in mid january provided Good evidence of which Way the wind was blowing. It was a toss up whether the Coal dispute hanging since last sept 19, or the new Chrysler strike caused More irritation and trouble on the business front this week in the Case of Coal there were More cutbacks in Industry because of a shortage of fuel More cities reaching the critically Short stage of supplies for Homes and More refusals of government intervention at the White House level. Chrysler strike poses problem for Industry there was a break in the Haze of uncertainty late in the week however when the Federal director of mines took a serious View of the National health and welfare aspects of the Coal shortage and the operators and Union agreed to resume negotiations. The Chrysler strike posed a Seri Ous problem for the still booming Auto Industry As a whole and for the individual company involved More particularly. The main Issue is not one of differences Over Money matters but Over technicalities involved in the form and administration of company financed pensions. The walkout of some 100,000chrysler workers had an immediate Impact on Auto production lowering the week s output to 139,500 units in this country and Canada from the big 158.432 total of the preceding week. A year ago Auto production amounted to 116,471 units attesting to the St in robust condition of the Auto Industry and the walkout leaves everything in air vex a -"-.-. X Chrysler corp. Workers who struck left everything at the status i Dicinti to k1 audience Ikeie v,1 1 Eivion he sen. K b a n a a Ohio s in a burst Omi tedeon1 rive evil c yyir.--. M to Sisr forme. Oil a Iii inc of in All r it n e la evil Ruhu . Part Idem Washington Jim. 30 up Fri director j. Edgar Hoover Hoe reported that his Job of investigating subversives is bigger nov Ever before he said 3,421 internal Security cases were pending Las dec. Iii id a work Load on subversives is heavier now lbs at the Peak in world Vir ii. His report was included in the record of recent hearing a House appropriations subcommittee Justice department testimony showed that 1 prosecution of roughly 12, ooh cases hinges on the final outcome of the new York trial of 11 party leaders who have appealed their conviction on charges they conspired to overthrow the government by force.2 immigration authorities have 1.000 cases under Active lives Tim Jion for cancellation of citizenship for previous communist party membership. They submitted list of 100 Iron curtain europeans ordered deported As subversive but still at Large because they have no place to go. Altogether the serv ice said there Are 3.000,000 to 3,500. 100 aliens in the Cumry. 3 the immigration service is. Running a spot Cheek along the Canadian Border in order to prevent the entry into this country of 8,000 to 12.000 persons on a Canadian list of subversive suspects. Lynchings reduced Hoover said Fri agents checked on 936 cases involving civil rights and domes in violence in 1949, com pared with 645 in 1948, he said Lynch ifs have been reduced an local authorities in Southern states have been particularly Alert to Stop them. Some of our problems he said Are aggravated by communists and communist front organization going into areas where the civil rights problems arise and endear Oring to aggravate the Raymond p. Whearty first assist ant to the assistant attorney general in charge of the criminal division said 21,105 criminal cases were pending for his department at the Start of the year. The bulk involves subversive activity As applied to individuals or organizations he said. By that 1 mean persons who Are Active Mem Bers of the communist party and similar organizations or who appear to be acting in concert with russian interests vice like he Republican by is a us Way out Berkley s talk lit a $50-a-pa a Jefferson Jackson dinner. i a news conference that to Fau will make matters difficult for m Irshell relates to currency and other to Tariff barriers he and they will require More Deli Cate adjustment if economic ad-1 Vanoe ments Are to be made n i 16 member nations. Marshall m Heads the american a i Cross. Remote War memorials challenged by Mekella Washington Jan. 30 up sen. Kenneth Mckellr
