Newspapers / The Franklin Times (Louisburg, … / Aug. 25, 1944, edition 1 / Page 3
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LOWER WAGE INCOMES AHEAD Babson Says Lower Incomes Without Any Reduction In Wages Soon To Come By Roger W. Babson Babson Park, Mass., Aug. 25. ? For the year 1943 total Indus trial wages and salaries, without including 1 n - comes of those employed In agri cultural enter prises, amounted to $89,500,000, 000. Of this, some $12,000, 000,000, or ap proximately 13 1-2%, represent ed payments for overtime work. If the above BABSON workers baa not benefited from overtime they would have earned only $77,500,000,000. OVERTIME OUT While the War lasts, manufac turers cannot complain too much at the high cost of labor. As a matter of fact, currently high wages, including overtime, are a direct operational cost and in the instance of most war contracts .the Government pays the bill. How ever, in the final analysis, it is really the taxpayer who foots these charges. When the big war contracts are a thing of the past, manufac turers will not have their present high volume of business, while selling expenses will be much higher. Their first step, however, will be to cut out overtime. In fact, overtime is already on the way out. WORK HOURS MAY RK RAISED During World War I industry was averaging a BO-hour-week. During World War II the normal work-week has been reduced to 40 hours with overtime paid for anything in excess of that. Dur ing the last great boom industry averaged better than 48 hours a week. Not until the New Dealers with their ideas of "spreading work" and indirectly raising wages got busy did we hear any thing about 40 hours a week. Hence, I beg wage earners to save money now. Build'' up savings bank accounts. Hourly wage rates may bold up; but most of you will get much less in your pay envelopes. Technological progress has made It possible to turn out more production during a shorter work week. New and more efficient ma chinery can produce moi*e in a given period; but actually, even during our critical war days, these machines have not been permitted to work on a capacity load. With overtime out workers themselves may insist on a 44 or 48-hour week and they triay get it. But .if they do they will be expected to work and to keep the machinery working. Slow-downs will not be tolerated after the War. MOHK OR 14088 1.KISI KK? Competition in all lines _wilL b'e the outstanding factor as we em erge from the transition period of. War to peacetime operation. This competition will not be merely a domestic Issue but will be world wide. There will be no place in our peacetime economy for the idle, lazy or inefficient; everyone must work. Very large domestic and foreign markets will exist for U. S. goods. In view of this I believe, given a chance, tha| tfce question of em ployment rnify largely solve itself. Workers themselves, with or with out benefit of their unions, must chose whether they want more leisure or a larger share of con sumer goods which a longer work week ? without overtime ? can provide. PRICE VERSUS WAGE RATES The average consumer has learned to get along during the War on less than he had before the War. Hence, If the, prices of goods rise too high and get out of line with salaries and dividends we are apt to see "buyers" strikes rather than wage-worker-strikes. White-collar-workers have taken it on the chin in recent years. As a group, they have nothing to look forward to in the way of salary increase. Hence, prices of goods ?must be kept within reach of their pocketbooks. A return to a free movement of wages and prices with a recogni tion of supply and demand, rath er than to a continuance of poli tical and man-made laws, is in order. Unfortunately, most of us learn only by experience when evaluating hours of work, wages and production schedules. These matters are, however, definitely a part of our reconversion pro gram. The War will be brought to a successful conclusion by our military leaders. I hope our post war plans will be as successfully handled by our political leaders. FOR FIRST CLASS PRINTING CALL PHONE 283-1 FLOUR Made from new crop wheat Gold Seal Yellow Rose Dan Valley Lilly White Bbl. Bbl. Bbl. Bbl. $10.00 9.00 8.65 7,95 EVERY BAG GUARANTEED to give entire satisfaction. 1 Last Spring we wanted POULTRY WIRE and couldn't get it. We may face the same condition next Spring.. We now have a good stock and suggest that you supply your needs while it is available. 9| inch Tin Pie Plates . 10c each MYERS ELECTRIC PUMPS For Deep or Shallow Wells CIDER MILLS SEABOARD STORE CO.. INC. D. F. McKINNE, President Pay Cash and Pay Less WHOLESALE ? RETAIL Marines Enter Garapan M trior Corps Photo Cautiously moving ahead, their weapoaa ready, these Marines are shown' working their way forward Into Gampan, administrative heart of the Island of Salpan. Are yon buying War Bonds to back them upT From U. S. Treasury AVIATION CADET Maxwell Field, Ala. ? Robert C.| Dickerson, 19, son of Mrs. S. H.' Dickerson, Route 3, Louisburg, N. C., Is now enrolled as an avi ation cadet in the pre-flight school at Maxwell Field, Alattema, an installation of the Army Air For-| ces Training Command. Here the cadets are receiving' nine weeks of intensive military, i physical, and academic training. ! The path of a lot of family troubles leads from the crying pan into the courts. ! All 23 cotton gins in Nash County have agreed to cooperate in the One-Variety Cotton Im provement Program and take samples of each hale of cotton for free classing at the Government Laboratory in Kaleigh. ^ VTo kring out tke W in llul \ trim young figure of jronn ... a nyomj crepe (rock witk ? lilkonttti lilra C a dream ! Tke tow and ta*(el? aoftra tk* ?quare neck, tke gatkered ?kirt it an / opulent touck. Sis* 9 to 15 it/" Fuckaia, Burnt Sugar, Peacock, Ckartreuae, Melon Red an J Black, j Sg.95 THE FASHION SHOPPE "A Smart Shop for Smart Women" LOUISBURG, N. C. ............................ MR FARMER! Are you short of Tobacco Sticks? If so you can tie up some tobacco for sate and use the same sticks again. We will open our warehouse to receive to bacco for Opening Sale, on Thursday, Aug 24. Ton can have your tobacco weighed in, and we will sell it for you on Opening Sale, or any sale you may wish thereafter. We are doing this to let you know we will help in any way we can. OPENING SALE DAY IS MONDAY, AUGUST 28th, and we have the First Sale that morning ftnd again on Friday. FARMERS WAREHOUSE Wendell, N. 0, L. R. Olark, Prop. STATE OF NORTH CAROLINA J Governor-* Office Raleigh, Aug. 4, 1944 TO THE MINUTE WOMEN OP TOBACCOLAND: The North Carolina War Fin ance Committee of the Treasury Department, through its Executive Manager, Hon. Allison James, has informed me of plans of the War Savings Bond Program for the 1944 tobacco season, in connec tion with which there has been established for this state a quota of $28,750,000.00 for individual buying by the farmers of the state. I have every confidence that this quota will be reached, particularly in view of the unique plan of organization under which a group of women in the various communities of the state designa ted as MINUTE WOMEN OF TO BACCOLAND will conduct the campaign. I am advised that approximate ly two thousand "Minute Women" will be engaged in this campaign and that local committees of this gioup will be established in each town in the state where tobacco warehouses are located. through Out the selling season. I wish to commend the efforts 'of these women who have volun teered or will volunteer for this service. In every bond campaign thus far during this war the wo men of North Carolina have play ed a conspicuous part. In fact, I doubt if any one of the campaigns icould have succeeded without the active work and leadership of thei women of North Carolina. I join with the War Finance Com mittee and the National authori ties in appealing to our tobacco farmers to respond to the oppor tunity that will be given them to purchase these War 8avtnc? Bonds. In doing so they will not only aid in making sure a speedy and complete victory, but they will be making Investments that will fortify them against difficult days that may lie ahead. I should consider the investment of this sum of $28. 750,000. 00 in War Bonds by the tobacco farmers of North Carolina to be one of tho best guaranties of security for the future. ~ I express the hope that this campaign will be a complete suc cess. Sincerely, J. MELVILLE BROUGHTON, Governor of North Carolina. Due to an Improved meat situ ation, Britain is dispensing with the consolidated breakfast. This was the one in which the cereal was in the sausage. Nature Favors the SOUTH! ...In power . . . Power to drive the wheels of a rapidly growing industrial empire . . . power to forge the materials of war and to build a richer nation in the years of peace to come. Vast quantities of low cost fuel in the form of coal, gas and oil, together with nu merous water power sites have resulted in the development of an almost unlimited supply of electric power in the South. Inter connecting transmission lines throughout the area assure dependable service to all sections. Low cost power has been a potent factor in the South's development. The Seaboard Railway, a key railroad of the South, has also played a vitally im portant part in the economic progress of this area. The Seaboard will continue to plan and work for the building of a greater and more prosperous Southland in the years ahead. Seaboard Railway, Norfolk 10, Virginia. RAILWAY THROUGH THE HEART OF THE SOUTH Bay mow ? WAR BOMD8I FARMERS ? LIKE THIS BANK pARMERS need the spe ialized services of a good bank more than any other group of people. Their problems are many and specialized with prac tically no. time to deal with them. Whatever por problem, we are confident our staff of executives can solve it for you. Come in and get ac quainted. FIRST - CITIZENS BANK & TRUST COMPANY Member Federal Deposit Insurance Corporation Corner Main & Nash Sts. Louisburg, N. Carolina ' Banking Honrs: 9:00 1 M. to 2:00 P. M. 3
The Franklin Times (Louisburg, N.C.)
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Aug. 25, 1944, edition 1
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