Indianapolis Times, Volume 43, Number 231, Indianapolis, Marion County, 4 February 1932 — Page 16

PAGE 16

'WORKERS BEST managers: is HAPGOOD VIEW Columbia Conserve Cos. Is Cited as Near-Perfect Industrial Democracy. “Workers with power to enforce their voice In plant management and operation make better managers than private individuals," Powers Hapgood, Harvard graduate and student of labor problems, told more than two hundred persons in Roberts Park Methodist church Wednesday night. Citing the Columbia Conserve Company as an almost perfect industrial democracy with 65 per cent of the common or voting stock jointly owned by the workers, Hap;ood said: “The company council, made up >f the 146 employes, has full power ive r production and plant mangement, sets its salaries, hours and vorking conditions. Steady Profits Shown “With the exception of 1921, the company has shown yearly profits ianging from 5 to 39 per cent of the capital invested during the fourteen years it has been operated by the workers. “Salaries range from a minimum of $22 a week for single men and wemen to a minimum of $33 for married persons.” Organization of workers for purnoses of collective bargaining with the management of a plant marks he first step toward an industrial Icmocracy, Hapgood said. “Firms in which employes are :embers of a trade union or some Lmilar form of organization, have lade the first step toward ultimate management of the firm by .orkers, who, thus, set their own •ages, which will permit them to uy back the goods they produce,” e said. “Proctor & Gamble Company's lea of guaranteeing pay to workrs for forty-eight weeks in the ar is a good welfare scheme. “But economic security is not lough. Workers should have conol over their conditions. This can be accomplished by ,/nership of stock by the group, ot by the individual.” Keep Surplus Active, Aim Calling attention to statistics by ie department of labor, Hapgood id, “In 1927, although $2,000 was n&idered necessary to prevent ral and physical deterioration of family of five, only 14 per cent of le nation’s families received that mount.” “Profits of business now go to a mall group of people who pile up a urplus that can be consumed only •lowly. With every industry overdeveloped, this surplus is not being ised for development of new industries,” Hapgood said. Hapgood’s address was the third of a series of Wednesday night talks j at Robert's Park church sponsored by the League for Industrial Democ- ! racy. Carl D. Thompson, student of public utilities and secretary of the Public Ownership League of America, will speak next Wednesday night. Oil Find Pays One Cent Royalty HOLDENVILLE, Okla., Feb. 4. I arl S. Sanford struck oil on his and and immediately decided to reire from the drug business. But this wek’s royalty check was just j one cent. Sanford went back to his pills today.

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BY BEN STERN LAUNCHING a, forlorn hope always is an ineresting event, and such a ceremony will take place at Terre Haute tonight, when the campaign of Mayor Wood Posey of that city for the Democratic nomination for Governor is unmoored. Asa testimonial of the high regard in which Posey is held by his fellow townsmen, the dinner is a fine tribute, but if any one, besides perhaps the mayor, really believes he has a chance for the nomination, then the affair becomes tragic. Party leaders of the state have been invited to attend the dinner at the Deming tonight. Before that, a chosen group will meet the mayor and his family at their home, where an informal reception will be held. * u a There can be little question of the excellent record Posey has made as mayor of Terre Haute. Unassuming, quiet, and extremely likable, he has a host of friends : in the party, but when his informal announcement was made several months ago, it was believed that this merely was the usual gesture of “Little” Dick Werneke, Terre Haute boss. For years Dick studied at 'first hand the tactics of the late Senator Taggart and learned from him the use that can be made of a favorite son candidate. So, to avoid entangling alliances and pledges at too early a date, Werneke put forth the name of Posey as a candidate for the nomination for Governor, with the additional idea of using it for advantageous trading. But evidently Dick reckoned without his host, for the mayor began to take the idea seriously and now refuses to be considered as merely a pawn in the game. u P tt Recently Posey issued a statement which indicated his views: “Many Democrats from over the state have importuned me personally and by letter to become a candiaate for Governor. I am willing to seek the place as bannerbearer if any number feel that I can do the task capably and with success.” There can be no doubt that this is the sincere statement of a sincere man, and honor is due him, for if Posey goes down to the almost inevitable defeat, it is because he is the victim of his friends.

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TRIBUTE PAID GREELEY FOR HISJOURAGE Scripps-Howard Executive Extols Great Editor on Anniversary Birth. ' B ;/ United Press NEW YORK, Feb. 4.—lt was Horace Greeley’s opinions, rather than his technique as a gatherer of news, that made his newspaper the principal journal of his day. said G. B. Parker, editor in chief of the Scripps-Howard newspapers, Wednesday in a radio address commemorating the aninversary of the great editor’s birth “There are two kinds of newspapers,” said Parker, speaking over the NBC network. “Both print news. Both have editorial pages. But there the similarity ceases. For on the editorial pages of the one you will find opinion. In the other you will not. “In the first you will learn what the editor thinks, for example, about the mayor, or the administration in Washington. You may not agree with the editor. But at least you will know where he stands. “From the other kind of editorial page you will find, instead of opinion, merely emasculated reading matter. Non-provocative subjects such as fresh air, spring sunshine will occupy the columns. Occasionally the editor may go on record in behalf of good health and against disease. But he will not be so explicit as to offend. “Perhaps he will oppose war, but no particular war. In one of his bolder moments he may declare against the smoke nuisance. But he never will pick on any specific chimney. “Both kinds of newspapers are useful. But the first, in my opinion, is more useful than the second—and I am sure it is more interesting. “In a time when giants such as Webster, Clay, Calhoun and Lincoln were on the stage. Greeley was a giant among them. And he grew to greatness not because of the events that swirled around him in tl\e stirring years of his life, but because of what he thought and wrote and said about those events," Parker said. Wife Files Third Suit By Times Special FT. WAYNE, Ind., Feb. 4.—For the third time, Mrs. Genevieve Vaughn is plaintiff in a divorce suit against Glen Vaughn. She alleges he is quarrelsome and jealous. A two-year limited divorce is sought, and the custody of a 3-year-old daughter. The couple was married in September, 1926.

THE INDIANAPOLIS TIMES

Gone, but Not Forgotten

Automobile* reported to police as stolen belone to: B. H. Rowell. 418 East Fifteenth street. Auburn soort sedan. 16-816 (1931*. from 418 East Fifteenth street. R M. Hardesty. Weslev hotel. Ford coupe, 80-889 (19311. from 819 East Washington street. Rent-A-Car Inc.. 25 Kentucky avenue, Bulek sedan. 331-872 <1931. from 25 Kentucky avenue.

BACK HOME AGAIN

Automobiles recovered by police belong to Bacil Voorhies. 1403 Charles street. Essex coach, found at 1100 Hunter 'street. Anita F. Peters. 227 East Fall *7reek boulevard. Buick sedan, found in front of 527 North Pershine avenue. E. H. Young. 5724 W’inthroo avenue. Ford coupe stripped of four wheels, found In rear of 3530 Salem street. Ceria Schmidt. 523 Cottage avenue. Diana roadster, found at Fifteenth and Illinois streets. R. M. Hardesty. 3420 North Meridian street. Ford coupe, found in rear of 1028 Bates street. Automobile stripped of battery and spare tire. Stutz coach. 751-003 (1931). found at Thirtv-second street and College avenue James Wavs. 1838 West Morris street. Ford roadster, found at Tacoma avenue and Washington street, automobile wrecked. Hospital to Be Built WASHINGTON, Ind., Feb. 4. Award of a contract for construction of the marine hospital at Evansville, Ind., to the Anderson Company, Chicago, was announced by the treasury Wednesday. The bid was $75,600.

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Prowlers Are Sought Police sought two prowlers who awakened Miss Beatrice Robinson eaerly today in her home at 914 East Fifteenth street, then 'fled without loot.

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-FEB. 4, 1033