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Story
October 1, 1949
United Automobile Worker
Detroit, Wayne County, Michigan
What is this article about?
Article details a stockholders' revolt against Chrysler executives K.T. Keller and Herman Weckler, mocking the company's press agents' flawed logic on voting turnout, akin to their UAW strike vote spin. Questions inflated employment figures, citing Norman Matthews' estimate of 70,000 Michigan workers.
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Full Text
Chrysler Crisis!
The Auto Worker hates to reveal this, but there appears to be a stockholders' revolt against ol' K. T. Keller and other officers of the Chrysler Corporation.
Using the remarkable logic of Chrysler press agents as it was applied to the recent strike vote, there are holders of approximately 2,700,000 shares of Chrysler stock who want no part of K. T., Herman Weckler and the others.
The Chrysler publicity boys handed out a statement after the UAW strike vote saying that 83,000 workers were eligible. Of these, only 56,000 voted for strike action. While only 6,500 voted "no,"
it must have been assumed, the handout continued, that everybody else who didn't vote at all was against the union.
There are 8,700,000 outstanding shares of stock in Chrysler. Only 6,000,000 shares were represented and were voted when ol' K. T. was elected to keep on working for a while. All those absent were agin' him.
As for that 83,000 eligible figure, we're afraid that Chrysler's accuracy is worse than its logic. Never before had the corporation claimed more than 75,000 workers all over the country until the time came when non-voters could be counted against the union. Then the employment figure (for Michigan only) soared to 83,000.
Norman Matthews, who ought to know, says that the press agents are monumental fibbers—that 70,000 would be the top figure for Michigan.
The Auto Worker hates to reveal this, but there appears to be a stockholders' revolt against ol' K. T. Keller and other officers of the Chrysler Corporation.
Using the remarkable logic of Chrysler press agents as it was applied to the recent strike vote, there are holders of approximately 2,700,000 shares of Chrysler stock who want no part of K. T., Herman Weckler and the others.
The Chrysler publicity boys handed out a statement after the UAW strike vote saying that 83,000 workers were eligible. Of these, only 56,000 voted for strike action. While only 6,500 voted "no,"
it must have been assumed, the handout continued, that everybody else who didn't vote at all was against the union.
There are 8,700,000 outstanding shares of stock in Chrysler. Only 6,000,000 shares were represented and were voted when ol' K. T. was elected to keep on working for a while. All those absent were agin' him.
As for that 83,000 eligible figure, we're afraid that Chrysler's accuracy is worse than its logic. Never before had the corporation claimed more than 75,000 workers all over the country until the time came when non-voters could be counted against the union. Then the employment figure (for Michigan only) soared to 83,000.
Norman Matthews, who ought to know, says that the press agents are monumental fibbers—that 70,000 would be the top figure for Michigan.
What sub-type of article is it?
Historical Event
Deception Fraud
What themes does it cover?
Deception
Justice
What keywords are associated?
Chrysler Crisis
Stockholders Revolt
Press Agents Logic
Uaw Strike Vote
Employment Figures
What entities or persons were involved?
K. T. Keller
Herman Weckler
Norman Matthews
Where did it happen?
Michigan
Story Details
Key Persons
K. T. Keller
Herman Weckler
Norman Matthews
Location
Michigan
Story Details
Stockholders revolt against Chrysler executives using press agents' strike vote logic; 2.7M shares oppose; inflated worker numbers criticized as fibs, true Michigan employment around 70,000.