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Editorial
December 23, 1944
The Union Times
New Haven, New Haven County, Connecticut
What is this article about?
Editorial advocates for immediate wage adjustments via collective bargaining before the post-V-E Day reconversion period, highlighting 1944's record corporate profits and low business failures, which enable raises without price hikes.
Clipping
OCR Quality
98%
Excellent
Full Text
power may be remedied before it is too late and a satisfactory wage level may be determined before we enter the reconversion period after V-E day, the day of victory in Europe.
"Corporation profits in 1944 are running above last year's all-time record. Business failures have reached an all-time record low point.
Business earnings and the increased productivity of workers make it possible for thousands of firms to raise wages without increasing prices.
"A return to collective bargaining is the only way that wages in each plant can be raised according to the employer's ability to pay... It is useless and destructive to put off the necessary wage adjustment until V-E day with its layoffs and confusion.
Wages should be adjusted at once so employees can plan with certainty as to their wage scales."
"Corporation profits in 1944 are running above last year's all-time record. Business failures have reached an all-time record low point.
Business earnings and the increased productivity of workers make it possible for thousands of firms to raise wages without increasing prices.
"A return to collective bargaining is the only way that wages in each plant can be raised according to the employer's ability to pay... It is useless and destructive to put off the necessary wage adjustment until V-E day with its layoffs and confusion.
Wages should be adjusted at once so employees can plan with certainty as to their wage scales."
What sub-type of article is it?
Labor
Economic Policy
What keywords are associated?
Wage Adjustment
Collective Bargaining
V E Day
Reconversion
Corporation Profits
Worker Productivity
Business Failures
Editorial Details
Primary Topic
Immediate Wage Adjustments Before V E Day Reconversion
Stance / Tone
Advocacy For Prompt Collective Bargaining On Wages
Key Arguments
Remedy Power Imbalance Before Reconversion Period
1944 Corporation Profits Above Record
Business Failures At Record Low
Earnings And Worker Productivity Allow Wage Raises Without Price Increases
Collective Bargaining Essential For Plant Specific Wage Adjustments
Delaying Until V E Day Causes Layoffs And Confusion
Adjust Wages Now For Employee Planning Certainty