European Stars And Stripes (Newspaper) - March 7, 1950, Darmstadt, Hesse Page the stars and stripes March business in the Coal Accord paves Way for prompt upswing by Phillips new March 6 Coal strike agreement this week paved the Way for an immediate upturn in business and Industry after one of the sharpest declines in activity in virtually every kind of business in the country had been Hurt in one Way or another by the month Long strike of some United mine the big questions now Are How much damage has i been done to the Basic economic How i Long will it take to i repair it and at 1 what Cost it is a Good bet 1 the agreement be i tween John Lewis and the Eoal mine operators is to Cost you you or Coal is an essential element in the Cost of almost everything made in this any increase in its Cost Likely will be passed Down to the ultimate this is particularly True at pres ent manufacturers and business men Gay their Cost of doing Busi Ness already is too High in relation to prices they get for finished prod that the Coal strike and its ultimate effect on the National econ omy was tinged with inflation has been indicated right along by the Stock at a time when you would expect prices to decline in the face of such a prolonged eco nomic the very opposite course was taken More often than How much influence higher priced Coal will have on the general trend of prices remains to be the fact that it takes tenth tons of Coal to make one ton of finished Stefl products gives an idea of the Way it could affect production already talk is heard in business circles of a new round of Price hikes for such commodities As Auto Mobile farm equipment and even the restraining tuition forthe consumer the final week of the Coal of 1950 witnessed a rapid decline in All kinds of business oper but it was particularly hard on heavy steel Mills reduced schedules to the lowest Point since the Industry was tied in knots by a monthlong steel strike last hundreds of Industrial plants in the populous Midwest were Cut work ing schedules or close altogether because of the Lack of Industrial Gas or electric Power made from unemployment spread creating a Strong secondary reaction on retail upsetting All kinds of planned activity and dumping serious problems in the laps of state and Federal welfare brownouts and dim outs were extended to More cities and towns As the cumulative effects of the plants closed protracted strike schools were Church services were in most of tiie coat consuming emergency Mea sures were in effect in order to Channel available fuel stocks to such essential institutions As hospitals and Public new cuts Railroad caused additional inconvenience to the travelling retail Trade was better in some spots last worse in weather conditions and strikes usually the deciding stores reported Little or no setup in c o n s u in e r interest in television and radio sets and House store economists now Are in whether they will have to re Vise optimistic forecasts for a brisk easter business because of economic conditions created by the Coal stoppage and other such the Chrysler strike and trouble at american airlines the Calendar favors a easter is neither Early nor late this falling on april and business is favored by the go its Ranee prices of soft goods generally favor the purchaser and while agitation to remove excise taxes May induce the postponement of some purchases until a later such a possibility is not held to be a major drawback to Liberal spend7 ing at this from the Way buyers have flocked easter Outlook to Trade shows and merchandise inventories Are so balanced As to invite substantial Forward virtually ail of the More important indicators of business Antl Industrial activity were Down Ifert the steel operating rate fell to per cent of capacity from the preceding week and compared with a year at this tonnage was Esti mated at against last week and a year last weeks operating rate was the lowest since the week of when it Sank to at the height of steel How quickly Industry will effects of Coal strike will from area to Mea and plan some Mills have than some have taken advantage of closing Down operations to make needed repairs and1 will be shut longer than would be the Case All steel experts think Mills will be going full blast by the end of this week or soon there is at present a very heavy demand Lor like the Automo bile the steel Bosses be Lieve in running full blast As Long As the demand is freight car loading declined moderately from the preceding week and again fell far behind loadings of a year cars handled last week totalled compared with 116 and a week and year freight declines Cargain noted miscellaneous freight accounted for cars of the a de Cline of from the preceding period and fewer than last Coal loadings were More than cars under last there was a modest pickup in paper production to per cent of capacity against per cent in the previous week and a year paperboard output was calculated at 90 per cent against 92 and 80 a week and year re automobile output also was Little better de spite the Chrys Ler strike and elimination of overtime at general motors and the weeks assemblies in this country and Canada added to against the previous week and a year soft Coal coming to the surface was the Sof Coal diggers kept away from the and widespread violence and intimidation again discouraged any Wildcat Ting on the part of i depend the Best guess placed output at compared with in the preceding week and a year crude Oil production was along with engineering construct Tion awards and electric Power out business Loans As did demand Bank clearings were a Little ahead of the previous and Money in circulation Rose a few million race perils Liberty Mcmahon new March 6 Brien Mcmahon said that an atomic arms race foreshadows a monster government an total intervention in the lives of our chairman of the joint congressional committee on atomic spoke to students at the new York Herald tribunes fifth annual forum for High reiterating his plea for a moral crusade for he said that if the s s tries to build up sufficient military Power to deter an attack by rus we must increasingly place ourselves on a War footing in peace he said the government would interfere progressively with private business and All activities tha Lack direct military preventive mobilization would mean Price wage controls censorship and other losses of free Mcmahon he called it ironical that opponents of the welfare state1 should focus their attacks while completely overlooking the atomic arms race which truly does connote total intervention in the lives of our Donovan says draws nearer to shooting wat new March 6 Liam wartime chief of the office of strategic Servi declared America and Eia Are coming nearer and nearer to a shooting America is losing the cold to Donovan told a second Ary schools fort tin at Columbia uni 1 am not one of those who be Lieve in tace inevitability of Donovan but we Are coming nearer and nearer to shooting airman killed biding Cycle March 6 Eugene 20 stationed at the Chatham air Force base was killed when his motor Cycle struck 3 Street he was from Jersey Lehman blast do plan foes March 6 Herbert Lehman y has charged that misstatements and inaccuracies whispered into the ear of this senator that sen Ator were being used to defeat the liberalization of the displace per sons his made in the almost deserted Senate touched off an angry debate among the few senators Lehman arose to answer assertions by William Jenner end James Eastland that the do program was bringing communists into the Lehman told the Senate that the do program employs the most rigorous Security screening Ever applied to persons entering the Mother re turns after week getting away from self March e Helen Overlander has returned Home to a but joyous reunion with husband and three Young she said she left them a week ago because 1 just wanted to away from she told newsmen she was re but not fully convinced that he did not have her Hus Sherrell a fuck had reported that his wife left last Frony in the mistaken of that she was suffering from Navy takes Over 72 vessels of army transport service Brig Gen Paul new York fort of Hinds with capt Arthur of be Navy military sea transportation after turning to transport to Atlantic Over to Navy new March 9 92year tradition came to an end when the navys new military sea transportation service absorbed the army Fleet of 7 in ceremonies in the main lounge of the transport general Alexander Patch at the Brooklyn Aimy base Brig Gen Paul port of embarkation turned Over 42 transports operating in the Atlantic to mimic us Mats Deputy at other 30 operating out of Pacific coast were transferred in ceremonies in san Francisco and the Mats was established following Secretary of de Ense Louis Johnsons directive hat All seagoing transports of the various services be incorporated one the army transport service was Cre item because merchant shipping could not handle the demands of the army Amy retains part ice Transfer affected Only the army Deepwater operations and does not include the port of pm which will continue As an army along with other shores de functions of the army transportation under the new the army decides its transportation needs of the oceans and Mats is called upon to fulfil although Many of the vessels Are named after famous army officers and enlisted Mccullom said the names will not be the Mats will not be in com petition with private Mccullom the service is de he Only to meet extraordinary demands for military transportation that cannot be filled by privately operated merchant pm vote oks Union shop March 6 the biggest election of its kind Ever general motors workers have voted nearly 81 for a Union the National labor relations Board announced that of Gas eligible employees approved a Union there were opposed and ballots were the results cleared the Way Lor the United Auto workers Cio to bargain with general motors for a Union one of its major demands this negotiations will Start in less than a the Union announced Only Friday that it will seek the equivalent of 31 cents an hour in economic benefits from it also plans to seek several other noneconomic benefits in addition to a Union closed shop banned a Union shop is the strongest Security for a Union obtainable since the Taf Hartley act banned a closed it permits an employer to but requires them to join within a specified usually 30 Days under the sift Hartley a Union must obtain the approval of a majority of eligible not just a of those before it can negotiate for a even then employer in under do Legal obligation such a pensions of f 125 a month wage boosts totalling 9 cents along witha Foremost among at the present Eon taming the Clit use pegging Wager to the coat of expires May Meyer Berger honoured new March 6 Meyer berber of the new York times has deceived the journalism of the new York newspaper Guild for his reporting of the Howard Unruh mass shoot ing in Berger cited Leo for his continued report ing of unusually High order a Pend of
