Friday. May 9. 19J2
MEDFORD (OREGON) MAIL TRIBUNE SEVEN
Opinion on Questions
In Steel Mill Grab
By LYLE C. WILSON
Washington U.R) In the
lideshow area of dispute over
President Truman's seizure of
the steel industry are a couple
of questions on which the ex
perts differ.
Union economists insist:
1. That Mr. Truman's broad
cast analysis of steel profits was
correct and proper.
2. That steelworkers deserve a
fat wage hike to maintain their
earning power in relation to liv
ing costs and to other workers.
Economists Said Wrong-
Management says the union
economists are wrong. The
monthly letter of the National
City Bank of New York states
the case for management in its
May issue. The bank reported
that average hourly earnings in
selected major industries for the
fourth quarter of 1951 ranged
from $0,921 for laundry work
ers in 25th position to $2,236 for
John L. Lewis' soft coal miners
at the top of the list.
Graph Shows Wages Up
Blast furnace, steel, and roll
ing mill workers were in seventh
position from the top with an
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WEE WILLIE WALKER
3rd & Central
hourly average of $1,887. A bank
graph showed hourly steel wages
up sharply compared with con
sumer prices since 1947-48.
These workers averaged slightly
more than the hourly earnings of
all manufacturing workers.
Mr. Truman's broadcast put
steel profits at $19.50 a ton now
against $11 before the Korean
police action. Management in
stantly objected that Mr. Truman
had omitted the fact that the
$19.50 earning figure was before
taxes, Mr. Truman said his was
the correct way to assay profits.
Management said pre -Korea
profits after taxes were $6.82 a
ton compared with $6 after taxes
today.
Three-Part Argument
Management's argument on
the profit question is roughly in
three parts. First, that Mr. Tru
man's profit statement was de
ceitful. Second, that industry
generally and without challenge
has taken the position that taxes
are just as much part of the cost
of doing business as labor or ma
terials. Third, that to divert a
large proportion of steel profits
before taxes to workers would
be an unwarranted raid on
treasury revenue.
Prof. Simon N. Whitney, New
York university, was quoted by
the bank letter as follows:
Double Tax Figured
"True, steel workers will pay
taxes, but so would stockholders.
What the government counted on
was the double tax, ranging
from 52 to 82 per cent on cor
porate income, plus the taxe on
dividends.
"I have been noticing with
some amazement the spetcacle
of the national executive strug
gling to transfer income from
companies to workers, mainly at
the expense of the treasury it
self, partly perhaps if divi
dends Bre affected at the ex
pense of stockholders, but cer
tainly at the expense of money
for reinvestment.
EUGENE MARINE KILLED
Washington (U.R) The De
partment of Defense Friday an
nounced that Pfc. Leonard L.
Smith, Marine Corps, son of
Mrs. Rheba W. Smith, 341 East
16th street, Eugene, has been
killed in action in Korea.
WEATHER
By United Press
North California: Fair' Friday
and Saturday,
The Chetco Inn
AT BROOKINGS BY THE SEA AND ON
THE CHETCO RIVER
SPECIAL EVENTS Saturday evening., May 10, 1952
FIRST ANNIVERSARY DINNER
The Medford Prentice Accordion Band will play in the
Lobby on Saturday '
MOTHER'S DAY DINNER AND
MOTHER'S DAY CAKE
Sunday, May 11th,
Week-end rate for 2 persons from $12.50 to $17.00 de
pending on selection of room. Includes both dinners and
breakfast.
1 ssl
OFFERING SELF AS GUINEA PIG in Denver to prove anti-snakebite
serum is unnecessary, Bernie Wendt, co-owner of reptile farm,
holds out arm as diamondback rattlesnake prepares to strike sec
ond ti.ne. First bite Is circled. Nurse gave him first aid with suction
cups and he reported no ill effects. (International Soundphoti)
Foots Creek
Foots Creek Mr. and Mrs.
Jack Crouch returned last
week from Ontoria, Calif.,
where they visited relatives.
Mr. and Mrs. Charles Ding
man of San Diego, Calif., spent
last week at their home here.
While here -they placed their
home on the market as he is in
the service.
Mrs. R. E. Stephenson of Dak
land, Ore., spent April 1 and 2
here with Mr., and Mrs. C. O.
McLallen.
Mr. and Mrs. Clyde Crimmel,
who have spent several months
at their home in Long Beach,
Calif., returned May 3 to their
home here, on the river adjoin
ing the Lance home to spend
several months. Mr. Crimmel
enjoys the fishing here.
Mr. and Mrs. Oscar Snelllng
of Glcndale, Ore., and Mrs.
George Lance were dinner
guests of Mr. and Mrs. Frank
Daily on May 2. The Snellings
returned April 29 from San An
tonio, Texas, where they had
spent two weeks visiting their
son Forrest and wife. Forrest,
who is in the service, was sta
tioned in Germany for some
time but is now at San Antonio.
This was the first time the Snell
ings had met their daughter-in-law.
Mr. and Mrs. Robert Cowie
spent last week visiting their
son Robert and family at Beav
erton and another son, Marshall
and family, at Vancouver, Wash.
Friends here of Walt Kill,
who recently underwent surgery
at a Grants Pass hospital, are
glad to know he is getting along
well.
I Dead line Sunday Classified.
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Stop in or phone your nearby
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He'll be glad to demonstrate
the wonderful new Chrysler
at your convenience.
DRIVE A
HAMLIN MOTOR COMPANY
121 NORTH BARTLETT STREET
Phoenix To Hold
Commencement
Exercise May 27
Phoenix Commencement ex
ercises for Phoenix high school
seniors are to be held May 27
at 8 p.m. at the high school gym
nasium Dr. John McAulay of
Southern Oregon college will
address the graduating class.
Leading the class in scholastic
honors are Shirley Schultz, vale
dictorian, and Mildred Duzs, sa-
lutatorian. Melvin A. Lattie,
chairman of the school board,
will award the diplomas.
The program will include mu
sical numbers by members of the
high school music department.
Baccalaureate services for the
graduates are to be held at the
Phoenix Presbyterian church at
11 a.m., Sunday, May 25. .
To Hold Open House
Open house at the Phoenix
high school will be held Thurs
day evening, May 15. All parents
and school patrons are invited.
Displays and exhibits by the
various high school rooms and
departments will feature the
evening.'
A short program by the high
school music department will be
presented in the gymnasium at
8 o clock. Refreshments are to
be served by the home econom
ics department during the eve
ning.
A-Weapons Replace
Conventional Arms
New York (U.R) Army
Secretary Frank Pace Jr., said
Thursday night the Army is re
placing conventional weapons
with new "devastating" atomic
arms.
Pace told the convention of
the Natiqnal Wool Manufact
urers Association here that ev
entually atomic weapons will
give the nation more military
power per defense dollar than
conventional ones.
"As atomic weapons pass
from blueprint to hardware," he
said, "we are adding them to
this arsenal. At the same time
we are aggressively seeking to
eliminate those weapons which
may be safely regarded as re
placed by this new hardware."
MEAT
Center
231 East 6th St.
PORK
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FORK
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HAM HOCKS lb. 15c
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BACON ENDS lb. 17c
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