Now, could you be more specific on that, or if you have information I would appreciate having for the record what concerns and companies are involved in this? Mr. CAREY. We can get the information, sir. It is so broad it involves practically all the large corporations, and in this particular field Charles Wilson, the Chief Mobilizer, just made an appeal to these corporations, asking them to stop hoarding the scarce materials. Senator SCHOEPPEL. Do you not think this committee and the people of the country ought to know from some authoritative source which companies are responsible for that kind of conduct, especially in view of the fact that we have a law on the statute books, and someone is responsible to enforce it? Mr. CAREY. I am sure that Charles E. Wilson, had he marshaled his facts and had the information available when he made the appeal, I am certain the Government has the information, and if the Government does not have the information the CIO will be pleased to make that available to the committee for the purpose of putting the finger of responsibility where it belongs. Senator SCHOEPPEL. I think it would be beneficial to this committee as far as this one member is concerned if this committee could have the benefit of that information. Mr. CAREY. I might say, sir, the National Association of Manufacturers' representative will testify, and while we would like to supply this committee with that information, and I think you will find that these people engaged in those practices are members of that association, I think perhaps as we are required to do we have to make our record clear to the general public, and we think that these organizations ought to be made responsible for their views that they express, and that is why we point up this situation. I think, sir, you should have the information, and the Nation should, but we are limited in getting these views right to the people of this Nation. We do think that the committee here and Congress itself would be making an important contribution to our national unity if that real story of hoarding scarce materials is told. The CHAIRMAN. I wish we could find out. I asked the Justice Department some time ago, I asked the FBI, rather, to make some checks for me. I didn't want to interrupt your statement, Mr. Carey, because I have read it, and it is so well thought and well prepared, but I did want at the end of your statement to have put in the record a letter from Mr. John Jones, who is from the Labor's Nonpartisan League, of which Mr. John L. Lewis is the chairman, and the reason I want to put it in the record is that Senator Capehart put in a letter from Mr. Hutcheson of the carpenters union. I think it is my duty to insert this in the record. I won't ask you to comment on it, but if you care to comment later on we will be glad to have you do that. Mr. CAREY. The only comment I would make is that the views I express here represent the views of the Congress of Industrial Organi zations. But, sir, I might also say this: I am a member of the United Labor Policy Committee, which represents the A. F. of L., the CIO, and the Railway Executives' Association, and these views that are expressed here are within the program adopted by that group representing virtually all of organized labor in the United States. Mr. CAREY. No, sir; but it would be a matter of many months. Senator MOODY. Many months to start production? Mr. CAREY. That is right; not to start production but to get production that would be economic. Senator MOODY. Well, it will never be economic in the sense of competitive prices, because the mines are so deep, but I am assuming with a subsidy-how long would it take to get copper from those mines? Mr. CAREY. I don't know, sir, but we can develop that information. The CHAIRMAN. Without objection, if you develop the information, it will be placed in the record. You could hardly do that before these hearings close; could you? Mr. CAREY. It wouldn't take us very long, sir. Senator SPARKMAN. Mr. Carey, with reference to the hoarding of scarce materials, I take it that most of the discussion so far has related to hoarding for speculative purposes, but what about companies that have defense orders looking toward production in the future who have overstocked their inventories? 12, They do not need it now; they are going to need it perhaps 9, or 18 months in the future, but they have inventoried far beyond their present usage. Do you have any present requirement, any information on that? Mr. CAREY. I treat that, sir, in a later part of this statement, and I think we are asking that that not be engaged in, and steps be taken to prevent the accumulation of these scarce items before they are usable. Senator SPARKMAN. I might say that before the Senate Small Business Committee we have had many complaints about overstocking as against future needs rather than present needs, and I didn't realize that you did discuss it further in your paper, but I would be glad for you to follow it up; and, furthermore, if in getting up this information you plan to get up you can get us some information on that, some statistics, I think it would be quite helpful. Mr. CAREY. Senator, I would like to include in that the request that they received from the manufacturers directed to the CIO to ask the CIO to do something about that very problem. Senator SPARKMAN. In what way? Mr. CAREY. These corporations want to maintain their productive facilities; they want to maintain their labor force. They anticipate defense contracts, or have them, but they are not yet into production. They are on the drawing boards, or in the hands of the procurement agencies of the Government, the defense services. They are without the materials to continue the production of consumer goods. Now, it is not only that they want to be able to continue the production of civilian goods to make a profit; it is because they want to maintain their productive institution. Senator SPARKMAN. Oh; you are talking about the businesses that are threatened to be cut off by reason of this overstocking? Mr. CAREY. By reason of the overstocking on the part of other corporations, and they are asking us to see what we can do. They should be directed to go to their own unions, the NAM and Chamber of Commerce, but they don't. It is a strange experience for me to receive so many letters from these corporations. Senator SPARKMAN. Well, a great many of them are threatened with not only the break-up of their organization but the financial rumnation of their companie Jewer and Dovette C. thai ph M Just the GrTM befor· Vesterday. We hac 115 The simp1⁄4 cal get the 102 10 live. 1. making costume That is the kino G business you bur most of the make useful CAREY That is correct · Fe:. nousenoi, appliance........... Senator BENTO: A:. Chairman.. woul like one more question OL the copper subject, groving ou" (7 the commneL" TOL Senato” Lenmal. You are on the interstate an Tores. ominerer vorinutter! Senator LEHMAN. Na o interior and insula: Affairs Com mittee. Senator BENTO. Senator Lena near M:. Series testify, and Mr. Searis said that to ope: these marginal mine- terouri subsidies. il order to get tai 29. Jo 101: C* proDUCTIOL VOU wouk Grail. labor out of the preser" proGUCUVE IL.me The DOIN where production. wouldnt go up ↑ WOL JUST & SUVELitting mgne-cos production for lower-cos' production. W Do you rea that I Mr Seame testimony, or do you want to comment of It M CARET Jus that we a no agres. The content that if they engage 11 would open some marrin me an & program of producing the copper that reqtures, that we could have workers being iFi affcut of & feast-anoattracted to those operationé iamne pastate 10 but we ought to have an order process by which, ther M im assured, and we are sLCHESLINE & 2-year arrangement & communs of employment and expand the labor market n that field. The Labor Department repor not long ago said there were ines of miners at the gates of man zones. Senator BENTE agree thar WOL! Make & big difference to emer te & 2-year arm venem Senator SCHOLPPEL. NO asr one futher question ? istr true that our Ilure to expand our flera productior possibir has bee afemer i importing these material fron. foreigi. conntries below the America Cost of production ? M. CAR. No HP: 11 15 20TUST year without excep OL. SIE the war. has be Te profitabic every There has been no reduction. I the profitab urry of this INJUFDIY. Senator SCHOLUPPEL 1 QOLT say exactly hnitmg it to robner, but thinking in terms of manganes, where we are shor, and what we hire gone with rejerens to purchases 11 India. and situations like that at the same time discouraging the mug of manganese deposits it. this country, which we have demnitely determined to be 11. 2% of our States Mr. CARTY. Sir. 1 an suggesting here that the Goremment interest Itself in gevejoping our resources. having then. £ya isbie to maet our needs I am opposing the arrangements by which, artificial segret ties are created for the purpose of moreasing prices, 01 Now, I think we LOVE to engage in & program, of subsilping the nevejopment of some of these midustries such as naviganese and sannan, atr so forth. and expand the capacity to proćnek, grå need, as of today, that we be in a position, to gain the ! Security reasons. |