The evening world. Newspaper, October 18, 1920, Page 8

—_ FROM POLITICS nN | TALK ABOUT AUTOS: More Interested in Future of That Business Than Pres- idential Campaign. OUTLOOK GRATIFYING, The Chief Trouble Is in Financing Operations Through the Banks, by David Lawrence. {Bpecial Correspondent of The Eve- ning World.) DETROIT, Mich. Oct. 18 (Copy- Tight, 1920).—Politios takes a back oom = hereabouts for ‘There's far more interest in the way the automobile industry is cutting down the price of labor and weeding out inefficient than the Presidential election, Perhaps it's be- muse Michigan is Republican and a victory for Harding ts universally ox- ected, but the readjustment in usiness is the most vital thing in Detroit to-day. Naturally, in an industry Ike auto- mobile making, which has always ex- wded « full share of optimiam, the feeling Is that the Presidential elec- tion will be a turning point for the better. ‘The manufacturers are going | ahead on the theory that 1921 will be @ better year than 1920 for them. But It al depends upon Mnance and | oredit. Makers of automobiles do not economics. workers go around shouting ft from the house- | | tops, but they are passing through the severest test the industry has ever had. The whole trouble may be traced to the action of the Federal Reserve Board in restricting credit on “non-eamential” products and leaving Mt to the bankers everywhere to doter- mine what were “non-cssentials” or “tuxuries.” AUTO MAKERS INSIST THEY ARE NECESSITIES. ‘The manufacturers and deniers ‘mvo contended that an automobile 1a mo longer a luxury but @ necessity, ut when the Federal Reserve dis ‘tricts ef Kansas City and Dallas re- fused to handle commercial paper based on Automobile transactions the ‘Dusiness began to suffer in those sev- tions and elsewhere, and the restric- tion was even practised by banks In this vicinity which had previously The figures are not available, fut often mon are given two weeka’ vaca tion and when they come back told they cannot have the same Jobs, 50,000. ney to fir or , ke his payment ea httents Maly tlblateeetged Ecol manufacturing programme. in instalments from the purchaner, bank, there: ) ii ; (a credit was bound to hurt] aixo haa retarded purchases of new ‘he production promptly Jumped from| felt, Bo far as Detroit te concerned, cas Hore ‘Than | Card: ) to 120 care per day Ite econome adjustment ssoma to be, | siute of the Be-|CUTTING DOWN THE COST OF| IL Int bing gacerily aAmitie, | Ry gE | way th Whieh it fe financed LABOR OVERHEAD but the manufacturers of automobiles | ingmen Wave an {dea that a change The dele Hon pay a depomit when! it i wetually reducing thelr labor cost, ey administration will restore thelr | pe 8 eanwhilo the Automobile concerns ir hy eliminating inefficiency or] former wage status and bring more te hin cars and must pay the), taken edvantage of theif altus a ¥ © jobs, Fut persons outatde of politics the Will when he taken each 4 chan ng @ mnailer number of men. Not|are not prem: ink that doetrine ma e from the freight care, Yet| tons to reduce lpia labor overhe@s. inuch pegatminm tx heard. The man >_———_—. | the haa not alwaya sold the machinen| THEY have laid off thounands of men | | | When he went to the fore, and said the purchasers were reduced the number of men to six- both In the factories and MAD can slow wp fifty rieal aide. The automobiy: have been in the habit of ticaly anybody they could ¢ So borrowing money for purchase | pract of automoMles was reduced to a] on the minimum and consequently — the| compan manufacturers found the dealers re-|biring p juctant to buy. Similarly, used cars| met. As a remult they have acquired have been aocumulating in vacant! inefficient or unskilled help. One con lots and in wome cases have been a|spicuous factory cut down the num better bargain than new cars, which| ber of ita workers by 10 per cent, and oe eee Imported Lisle Socks . Accordion Weave and Clocks $1.10 pair $6.00 half doz. An additional purchase enables us to place on sale another assortment of the fine Im- ported Lisle Socks which proved so popular last week. These represent pre-war values. Accordion Weave In six pleasing color combinations with the desirable full-fashioned sole. tHe CUOS Tet et Oe wee var Hand-embroidered Clocks In Plain Tan with hand-embroidered self- clocks. Men's Department: 33d Street Entrance Juat East of Filth Avenue James McCutcheon & Co. Fifth Avenue, 34th and 33d Streets ARUN SO UDA a Deen most itberal in their loans As a matter of fact, the restric Ce ar aa (A WHET IMT NYT Td pe) ee Wo Wor Yee YO TY YO Yd Wr 0 0d SY lFurn SETTED—Rog aRhM ROCKER Sale of Suits (Four Pieces) 389 Walnut Bed Moor... .B40.Kib Mabon hogany Bed 0 Oak Dining F $475 Oek Dining $125 Oak Dining Wi $1191 Wainut Dining Sale of Dinner Sets as $26—50- Piece Cash oF Greet Amerionn Vorvelain P for twelve parsons Remular Prieg Shee special. . Cash ‘or Credit. Ludwig Baumann’s October Fumed Oak Libary Suit (Three rine) (Gold separately if doa! ARM CHAIR—Reg price $26 4) Seats Covered Price 960 820-45 fn Beat Grade her Brite $26. 10.82 Lj yr bo Puy for This 6ult T5c Weekly. A Few of the Thousands of Wonderful Bargains in This Great Sale “lst gBaman ll 6. America’s Greatest Furniture House pes 25 B.] | S5te 36S. Bleck ath Ave.) [eri iture Sale 9 to 5.30 Saturday Evenings Until 9.30 Reg. Price 900. Cash or Credit, BEDS, brass, enamel, wood Special Sale of $21 Enamel Wed...... si6.59 $50 Bram Bede. ss aan | Cork $ Sq He Bae: as i gas m Ook Be 4 rs « im 20.34 H $33 featr’wars Ben, sit aes [Linoleum Se $60 Walnut Bed, 4% 6 in 64.07 The dependaoie kind, Printed tn $10 Mahogany lied, 4 ft. @ in, 65.49 | tie end Rumerous other designs. Cash oF Credit. Accounts Opened From Linens 7 baie rrr ae 45 Dutch Scrim Curtains 3, pieces, ready to hang Reg. price §6/00,.., Rog. price 66.00...... On Small Weekly or Monthly Payments 35 to 36 | 35 to 36 St. Block 8th Ave. | | 35 to 36 St. Block 8th Ave. | 8th Ave. ree ee pane wees oF SEEKS FLEECERS OF ALIENS. thelr winte 40,000 MEN DO THE WORK OF) cl . , 6 The gvlution seome to be found tn! sioner f eound financially and that it was sure| Dut others bud re eovline, twentyvuna reduaing the cost of labor of gutting f geht tg ae apd ie un | payment, the bankers, on the othor|/ "ern had Deen employing nty-on more production out of the same num to-day into the autivitios | hand, agreed with him ag to the|™en to perform @ certain operation ber of workers. One concern found |° nization alleged to be taking | roundness of the transaction, but] that was finished daily at 4 P.M, It that 60,000 men were not turning out [money fom Imrntgrants for promises of | as many care as 40,000 men did be potnted out that later on the pur- fore the war. It wasn't entirely due | States chaser of the car would come along| teen and is getting the work done by (0 iaxity or idieneas, but to the creep-| “We have information that several to borrow the money wherewith to/ 140 P. M ing in of unskilled workmen, who re- | orgafifmations keep agents in forelgn make payment to the dealer. KBeonomlen of this surt are being ‘arded the car-making process. One | po to take money from migrants The era ahead of the automobile essary commodities continue to drop the cut in labor prices will not be tine and Tricolette. Superior Crepe de Chine. and ribbon trimmed models. Wash Satin Bloomers Tailored and Lace Trimmed 34th Street—New York 18, 1920, Wallie After Ormantentions That | Prey on Immigrants, . Asstatant to Commin- protection after they reach the United | «of ansurel in the U, aad Mi et, eauttered through the saetiehive organizations and cate them.” ‘Edd everything a satisfying At Grocers and Delicatessen Stores E. Pritchard, 327 Spring St., N. Y. to give flayor. Cooler Weather! Heartier P Foods! Then comes th sioner, Wallis is determined to erati. (SUNDAY. WORLD WASTS WORK WONDERS wt Pane Ee Taken from Regular Stock Formerly Sold up to 65.00 Special Sale Price 35.00 34th Street—New York Washable Silk Petticoats Crepe de Chine and Satin Wash Satin Camisoles Tailored, Embroidered and Trimmed Very Special Very Special Washable Silk Chemises 300 Women’s and Misses’ Extraordinary Dress Sale Tuesday Afternoon and Street Dresses Smart Frocks of Satin, Velveteen, Georgette, Trico High class models handsomely Beaded, Embroidered and plainly designed types. OPPENHEIM. CLUNS & © Crepe de Chine Nightgowns Tailored, hemstitched, lace 7.50 Values Exceptional Underwear Values Tuesday | 5.00 |3.95 Very Special | 2.95 \1.50 Best & Co. Fifth Avenue at 35th Street Established 1879 A Correct Shoe for every growing foot —a shoe of the “‘dread- naught” type for active boys and girls. A knocks, ish abuse. It has all the wear, worth and work in it that can be put into a shoe. And it, is built for comfort. has been approved by sands of boys and girls ents, Sizes 8 to 104 Sizes 11 to 2 Sold nowhere else. OPPENHEIM. GLUNS & C 34th Street—New York Misses’ Jersey Suits Also Suitable for Women to 36 Burt Smart mannish Sport models Jersey mixtures. Belted Jackets; notch and con- Patch pockets. of wool heather as illustrated), Cloth in vertible collars, Special’Sale Price SHOE that will stand hard stormy weather, scratches, kicks and general child The jase orthopedic sur geons—the shoe has been worn by thou it carries the testimonials of a thousand thankful | par- It is the shoe for your boy or girl 4.90 & 5.50 6.15 & 6.75 STOIC is one of the prominent Best & Co. lasts, perfected during our 41 years’ study and experience in shoes Special Offering—Tuesday