Word: swope
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...that a measure of Government control must be introduced. . . . We have failed to take the necessary steps voluntarily so the element of force. Government compulsion, becomes necessary. . . . Our continued decline in employment and purchasing power is leading us into state socialism or complete anarchy." General Electric's Gerard Swope (who. over a year ago. urged industry to do what it may now be forced to do) said: "I repeat that if industry does not sec its opportunity [to regulate itself] ... it will be done from without. The alternative, therefore, is not shall it be done, but by whom shall...
...Labor to favor shorter working hours, nor for politicians to favor shorter working hours for their constituents. Not so great news is it as formerly for manufacturers to favor shorter working hours. Nonetheless it was a shock to many a businessman to learn last week that Gerard Swope, president of General Electric, appearing before a committee of Congress favored if not a 30-hour week at least the next thing to it. A bill before Congress (TIME, Jan. 23) would prohibit the shipment in interstate commerce of goods manufactured in any plant where workers labored more than five six-hour...
...Swope in a blue serge suit shining with wear, sat down with the members of the House Labor Committee, told them he thought the 30-hour week bill was too inflexible but proposed: 1) To limit all employes (except farmers and domestics) receiving less than $1,800 a year to 832 hours work in every period of six months (about 32 hours a week), not more than 48 hours in any week, nor more than eight hours in any day. 2) By declaring a national emergency to make the rule apply not only to factories shipping in interstate commerce...
Cornell's Dean Dexter Simpson Kimball called for "balancing production and consumption through mutual agreements of producing and marketing groups, [which] may mean a modification of the antitrust laws." General Electric's President Gerard Swope advocated insurance, jointly paid for by employer & employe, to provide adequate food, shelter and clothing in times of no work...
...said Mr. Young. "I think we all came to that conclusion." But Mr. Young did not inquire into the Insull finances because "it was Mr. [Gerard] Swope's business rather than mine. We certainly do not duplicate our work more than necessary...