Profit sharing plan must be 'extra' to wages, senate committee told. Washington, D.C., Nov. 21. Richard R. Deupree, President of Proctor and Gamble Co., Cincinnati, Ohio, today told the Senate Finance Subcommittee that his firm's profit-sharing system has exercised important influences in maintainin

A.T. & T. executive opposes profit sharing. Washington, D.C., Dec. 13. Appearing before the Senate Finance Subcommittee today, Charles P. Cooper, Vice President of A.T. & T., declared its opposition to profit sharing as national policy and condemned incentive taxation as 'unsold,' 12-13-38

Profit sharing systems gives business 'pick' of labor senate told. Washington, D.C., Nov. 30. Profit sharing systems enabled corporations to obtain the 'pick' of labor, F.J. Moss, president of a Kansas City Sash and Door Co. today told a Senate Finance Subcommittee. He gave as his opinion that indus

General Electric head 'hopes' profit sharing with employees is 'good business.' Washington, D.C., Nov. 28. Gerard Swope, President of General Electric Co., appearing before a Senate Subcommittee studying profit sharing plans today said he believed the government must adopt some form of incentive tax

Companies report 11 percent decline in employment. Washington, D.C., Jan. 20. Colby M. Chester, Chairman of the National Association of Manufacturers, today told the Senate Unemployment and Relief Committee that 40 typical companies have reported a decline of 11 percent in employment. He also told t

Senate Committee questions DuPont. Washington, D.C., Dec. 1. Lammont DuPont, President of the E.I. DuPont De Nemours Co. Interests, as he was questioned today by members of the Senate Finance Subcommittee investigating profit sharing systems. He told the Committee he was opposed to incentive taxatio

Oil executive predicts suffocated marketing competition if Gillette bill is passed. Washington, D.C., April 21. Testifying before the Senate Judiciary Committee today, J. Howard Pew, President of the Sun Oil Co., declared that passage of the Gillette Bill prohibiting marketing of petroleum products

Eastman Kodak Co. opposes 'incentive taxation' senate committee told. Washington, D.C., Nov. 21. The Eastman Kodak Co. opposes 'incentive taxation' to encourage profit sharing systems, M.B. Folsom, Vice President of the company, told the Senate Finance Subcommittee today. 'We believe it is unsound t

Final witness before profit sharing committee. Washington, D.C., Dec. 14. George P. McNear, Jr., President of the Toledo, Peoria and Western Railroad system, who was the final witness before the finance subcommittee studying profit sharing. The president of the 300-mile road told Senators Herring an