Indianapolis Times, Indianapolis, Marion County, 7 January 1946 — Page 9

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| T0 HEAD | NTECH CLUB

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"MONDAY, JAN. 7,106 ~~

. For years the facts about General Motors have

been made public.

In spite of this, the UAW-CIO demandsa chance to look ‘at 'our books, with the hint that we could meet Union demands “if the truth were really known.”

- We have firmly ‘declined to recognize this as a

basis for bargaining.

1. The Full Facts are Published

How much General Motors takes in each year— how much it pays employes—=how much it pays to stockholders—how much it pays in taxes—how much net profit we make—and many other facts are plainly stated in annual reports and quarterly reports.

These are broadcast to 425,000 stockholders from coast to coast

—sent to newspapers and libraries. Additional copies are free

for the asking.

2. All Figures are Thoroughly Checked

Every General Motors Annual Statement is audited by outside auditors. Similar figures are filed with the Securities & Exchange Commission.

“Does the UAW-CIQ honestly believe that General Motors

would or could deceive these experts?

3. The Basis of Collective Bargainingis Defined

The Wagner Act lays down the rules for collective bargaining, These cover such areas as rates of pay, hours of work, working conditions.

No mention is made of earnings, prices, sales vélume, taxes and the like. These are recognized as the problems of management, : :

__ THE INDIANAPOLIS TIMES .

These Sications concern you as well as General Motors.

5. This Theeatens All Butinoss

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4. Something New has Been Added

The obvious fact is that the UAW-CIO has gone beyond its rights under the law—and is reaching not for information but for new power—not for a look at past figures, but for the power . to sit in on forecasting and planning the future.

A “look at the books” is a clever catch phrase intended as an opening wedge whereby Unions hope to pry their way into the whole field of management.

It leads surely to the day when Union bosses, under threat of strike, will demand the right to tell what we can make, when we can make it, where we can make it, and how ~ much we must charge you — all with an eye on what labor can take out of the business, rather than on the value that goes into so the product.

If the Union can do this in the case of General Motors, it can do it to every business in this land of ours.

Is this just imagination? Union spokesmen have said, “The Union has stated time after time that this issue is bigger than = just an ordinary wage argument, that it is bigger than the Corporation and bigger than the Union.”

For Labor Unions to use the monopolistic power of their vast membership to extend the scope of wage negotiations to include more than wages, hours and working conditions is the first step toward handing the management of business over to the Union bosses.

We therefore reject the idea of a “look at the books” not because we have anything to hide but because the idea itself hides a threat to GM, to all business, and to you, the public. |

GENERAL MOT