European Stars And Stripes (Newspaper) - September 5, 1950, Darmstadt, Hesse                                September 1950 the stars and stripes Page 7 business in fhe record High up by Richard Fiske jobs pass 62 million new York 4 Ness and Industry employed the labor Force in history last 10 keep the government and the consumer supplied with but there were indications that labor troubles would Idle thousands of workers the Cio electrical workers Union set tomorrow for a Genera strike against the huge Gen eral electric a potent manufacturer of military As Well As civilian the Commerce department said americans had jobs in a record it was a jump of Over the previous month and above the previous record month of july business buying As Well As con Sumer purchasing kept the millions of workers Busy and ate away at stocks of goods that were piling up before the korean conflict the buying wave added to the backlog of unfilled orders of manufacturers in smaller increased buy ing and the growing backlog of unfilled spelled Busy factories for weeks most businessmen and industrialists Felt that regardless of the korean the country is committed to a rearmament pro Gram that May continue for a Long corporate earnings remained More Lush than Ever and it was a Good bet the stockholder would collect further substantial dividends before the year is the trend of the entire economic picture was but con Gress finally made up its mind on a controls Bill and a tax business will have an excess prof its tax but passage is not expected until next for the there will be Only the additional levies originally Congress gave the president just about what he in the production and credit in the president was Given the authority to regulate wages and prices to ration it appeared Likely that some con Sumer credit regulations would be clapped Down in Short most businessmen wage and Price controls and rationing were some distance the president said he did not believe they were needed at this while a great Many of the work ers uncertainties were business and Industry still had their the labor Supply was jobs were getting harder to fill As employment hit a new unemployment dropped and Industry some factories started classes for women workers in such categories As Many plants went far from Timeir Home towns to find skilled workers whose skills were badly needed came out of retirement and took their old jobs department stores in some places advertised for customers were showing up at store counters in Good num the consumer want buying with abandon and Fervour of the scare purchasing but re Tail sales remained ahead of a year chains Ore and mail order which normally decline in were above june the government added to its profit tax i expected consumer sales up military orders voluntary allocations became necessary in some instances to meet both Mil itary and civilian there were no shortages but allotments brought purchases Down to a Normal level and prevented any prices continued to move there were indications that such articles As clothing might go higher Wool prices at the big auctions in where the largest Supply of apparel Wool is hit new records As the fall sales Many textile tradesmen believed these High prices would mean More Money out of the clothing budget next the factories kept up with the consumer and the How several categories of production dropped a bit from the pre Vious week the Long labor Day weekend but All output was Well above a year a u t o m o Biles rolled off the As Sembly line at a rate of units last week and a new annual production record seemed steel was being turned out at per cent of rated com pared with per cent the pre Vious Power production dropped slowly after several successive weekly kilowatt compared with the week but it was Way above a year engineering awards were up to the second largest Fig ure of the Industry sources said a in private building sent them ahead on the new York Stock Exchange there was an Overall it was slight and there were no Brilliant sessions during the but it showed the Market was resuming its recovery after the slump that came with the beginning of the korean conflict most observers believed continued High corporate earnings arid some substantial dividend declarations did the output Fri expert testifies at Weinbaum trial los 4 the Federal court trial of Sid Ney Jet propulsion expert accused lying about not being a communist has recessed until tomorrow Wren in Fri hand writing expert is slated to return to the George f Mesnig previously testified that the signature Sydney Empson in a communist member ship Book was written by Wein on on the staff of the California Institute of techno is accused of having falsely sworn that he was never a com the membership Book connected with Mesnig s testimony was issued in 1938 an offs Root of the or Eugene re search chemist was Given a six month jail sentence last thursday for refusing to two questions about communism at the Weinbaum widow of Olds Dies one week after husband 4 Ransom widow of the late automotive died in the Edward Sparrow her death came Only one week after that of her Olds entered the Hospital suf Fering from a broken hip caused by a 104th div vets Are solemn on Korea conflict 4 air of solemnity dominated the opening of the fifth annual convention of maj Gen Terry Allens 104th Timber Wolf div it was hard to imagine that the men standing around convention Headquarters in a downtown trying to make were the same Timber wolves nothing in hell could Stop during world War we always were a quiet until we got into a former Timber Wolf the main item of business before the convention is establishment of a scholarship fund for children of Timber Wolf Battle other than the talk seemed to Center on the subject of a possible third world Carmen of i dont think you can talk the russians into a peaceful Force is the Only thing they by i mean Force applied through the United no peaceful settlement it Dick who finished dental school when he got out of the army in and is Back in the army now As a thinks it is later than a lot of people we will eventually win but i think that will bring on the he then China will jump in to try to save the then we will be in i think we should go fallout but maybe it will Tafee a bombing of an Amer ican City to Wake everybody Alex of Ellwood who was seriously wounded just 10 Days before the end of the nodded and said Allen Good boy Dick is believe actually the situation is much More serious than a lot of people and i think it is going to take a lot longer than were figuring on before it is All he thought the Best thing the can do right now is to Start preparing the people at Home for what is Albert of put it succinctly the Way i its preparedness versus the atom we Are not prepared enough physically or mentally everybody thinks this is All a big maybe Well find out sooner than we expect but one thing All Timber wolves were agreed on general Allen Hes a Good said one reverent Timber Wolf if he started recruiting ill bet he could dig up half a division right in the pain Law pays bail for Groom 4 this is your last night As a Bachelor and this is your night to with that advice from Bis prospective James Perrone went out on the town and wound up in the 19yearold Painter and two of his companions were charged with r o b b i n g a bakery right after his wedding it looked like no wedding what with 000 bail being but Guy father of the came Tii rough with the after he saw his daughter and Perrone he declared Hes Worth every cent of in mighty proud to have him As a famed actress Dies sept 4 actress Irene a Gay wife of film producer Steve died after a Brief born in Hun she was noted on the euro Pean stage and she had been living in Hollywood since sailing barred customs officials stopped Hsue head of the Guggenheim Jet propulsion Center at the California Institute of from sailing to China after discovering eight cases of classified scientific data in his Hsue said the data was his personal report assails luxury jail 4 attorney John Boyle has revealed that some Cook county Chicago jail prisoners have been getting whisky and Fine a he said an investigation by an James showed shocking conditions in the county sheriff Elmer Michael a asserted that politics were behind the he added that i am satisfied that in every instance attempts to violate jail regulations have been quickly detected and the county jail is under his Juris its col Chester said conditions Are not As bad As the s t a t is attorney he it was no secret that narcotics and other razor Blades and hypodermic been smuggled into the jail a said Condon began the investigation after an escape plot was discovered july weighing plan to build 2 super liners 4 Walter of Liberty said yesterday that he is getting considerable support from some officials on pans to build two super liners which will be larger and faster than the British Queens now on Atlantic the ships could carry Pas operating at Only three quarters the charge would be Only for the Alla tic passengers would be All one he executive Vic president of his said his firm has not been discouraged anywhere along the line in its approval needed he said his company is now wait ing action by the maritime commission on a request filed july 7 for approval in principle of a construction subsidy of of the total estimated Cost of to build the two Ballard said the plans for the ships have been reviewed by the defense department and he indicated it had Given considerable support to the Ballard said one of the major values of such Mas passenger transportation is unlike most passenger ships now in these two ships would be run without government operation sub they could operate at half a one Way fare of Only Sloo on runs carrying he the fare could be reduced to he said in wartime the proposed ships could make emergency speeds of 38 could Cross the Atlantic in slightly Over three could carry two infantry divisions men army orders reopening of 179 chapels in sept 4 the army has ordered the re opening of 179 chapels throughout the by 31 to provide religious services for draftees and reservists called to Active duty ii was pointed out that Catholic and jewish services Are held at All army Days a week stars stripes brings you world and War news sports coverage feature Section coloured comics daily at your stars and stripes newsstand