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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Dec. 3, 1937)
PAOE SEVENTEEN FEAR HOLDS BACK BUSINESS REVIVAL IS SLOWS VIEW General Motors Head Says Investments Will Lag Until Suspicion of Future Removed Cites Cures TURKEY BOYCOTT SEEN AVERTED BY New Commander 'Frisco Butchers' Union Leader Forecasts Unhin dered Marketing of Birds From Oregon Ranches MEDFORD MATT. TRIBUNE. MEDFORD. OREOON". FRTPAY. DECEMBER 3. in?.7. i uo - 4 - " NEW YORK, Deo. 3. VP) Alfred P. Sloan. Jr.? chairman of General Mo tors Corp., said today "the main ob stacle to the general revival of Amer ican enterprise" Is the "fear" , the foundation of the national economy la In "Jeopardy.". Until that fear Is removed, he said, "men will not Invest their savings or risk their property" In enterprise. Addressing the annual meeting of the Association of Life Insurance Presidents, Sloan advanced a series of "concrete proposals, the necessity of which Is so apparent to all." First, Sloan said, "there must be developed a spirit of cooperation with mutual respect and confidence among all groups." Must Cut Expenses In the second place, the automobile executive said "the budget must be balanced by reducing expenses of government not by Increasing taxa tion." The third phase of Sloan's "propos als" concerned tax changes. The Industrialist said the capital gains tax should be eliminated "to ac complish the best result," but "in any event. It should be sharply reduced to the end that there may be a free and unrestricted flow of capital Into and within the security market." As a compromise on the undistrib uted profits tax, Sloan said "some reasonable percentage, say 20 per cent, should be definitely allowed to pro vide for future needs, without pen alty." Change Wagner Act Sloan's fourth "proposal" said the Wagner act "should be amended IX the broad interests of industry, the public and labor Itself are to be serv ed." He said. " unions must accept the same degree of responsibility as do other groups to respect the rights of others: to obey the law: to honor their contracts and recognize their Just share of industry's productiv ity.'! If the maximum work week and minimum wage are to be established on a national basis, Sloan declared, In his fifth "proposal," "the stand ards should be determined by law not by bureaucracy." Of the "fear." which he said Jeo pardized economic foundations, he continued; , "Too many believe, and too much has been done to make them believe that the industrial system, as ws un derstand It today, is being permit ted to exist as a more or less tem porary expedient tolerated, I may say. the spirit of Industrial en terprise must be re-established on a firm foundation by demonstrated fact and understanding as to objec tive!, and methods before American Industry can go forward with con ( - ilk O. E. "Mose" Palmateer of Salem guides the destinies of the Oregon department of the American Legion as the 1037-38 commander. He Is a salesman for a large oil company. OFFICERS TO HOLD CCC CONFERENCE HERE ON DEC. 10 Officers and educational advisers of the Medford CCC district will meet In Medford December 10 to discuss winter . problems In regard to company administration, welfare and education. The conferences will be held in, connection with the reserve officers contact camp slated for Medford December 11 and 12. A meeting oi all company commanders and offi cers attending the camp will be held at district headquarters Prl day afternoon. December 10, while advisers will meet both Friday aft ernoon and Saturday morning. The contact camp will provide two days of Inactive duty training for reserve officers. Fourteen hours of credit will be given each officer taking part, and since officers on CCC duty are required to earn not less than S5 Inactive duty credits each year; the contact camp Is ex pected to prove popular. MaJ. O. B. Owens, district com comsnder, will preside at the of ficers meeting December 10. Camp problems will be discussed and win ter plans formulated. Msjor Owens, with Capt. William C. Ryan, dis trict welfare officer, and George H. Fields, district adviser, will taKe part In the educational conference on the two days. MaJ. C. 8. Pettee, unit Instructor from Eugene, will be present lor the contsct camp. "Mobilisation" wlll.be. the subject of the first day's program, and on the second day the officers will visit the motor transport section at CCC headquar ters and familiarize themselves with MTO forms snd methods. A field range demonstration and pistol shooting will be among the other events on the program. The district officers' club will sponsor a dance at the Medford hotel Saturday evening. All army and technical agency personnel have been Invited to attend. SAN FRANCISCO, Dec. 3. M. 8. Maxwell, president of the Butch ers' union, said today progress In organizing turkey pickers In Oregon forecasts unhindered marketing of Oregon turkeys In San Francisco's Christmas market. Turkey handters are getting the union scale. Maxwell said. It Is 15 cents a bird for killing, scalding and picking. Maxwell said he Is forwarding data to the Oregon union, outlining terms of the proposed agreement with pro ducers. He expects no opposition, he said, to the contract terms. - Turkeys from a Utah association, barred from the Thanksgiving market here by the butchers' boycott, can come in now. Maxwell said, after the producers met the union terms- An agreement was made Just before Thanksgiving with all northern and central California producers except the California Turkey Growers asso ciation. Maxwell said he expects to conclude an agreement with this group in a few days. The word "skittles," which often Is paired with "beer", refers to a game of nine-pins. fie 1 5a Lul W'a'. tm dt lSetn" to iMaa an' ,dtV oh"- OtTE. SCWELU MACAKOm CO.. PortUnd. Or v ' i ' ' SO YOU'RE USING NO CO A I YES1 ISN'T IT WOM0ERFUL? NUCOA HAS ALWAYS BEEN SO WHOLESOME AND DELICIOUS SO DIFFI HINT FROM THE OLD-TIME MARGARINES I AND NOW IT HAS VITAMIN A IN IT I a THEN I NEEDN'T HESITATE TO GIVE NUCOA TO THE CHILDREN I r MERCY, NOI NUCOA SUPPLIES VITAMINS AN0 FOOO-f NIASY LIKE THE MOST EXPENSIVE SPREAD FOR BREAD. AND THE AMOUNT OF VITAMIN A IN NUCOA NEVER VARUS I WINTER AND SUMMER IT'S ALWAYS THE SAME ThI WHOIISOMI "THRIfT SPRIAD" AND IT COSTS SO MUCH USS THAN THE SPREAD iVE BEEN BUYING I WITH THAT SAVING, I CAN USE NUCOA IN COOKING AS WELL AS ON THE TABLE I ISNT IT WONDERFUL ! 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