Word: johnstons
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...speech of the week was made in Boston. The subject was the sins of U.S. labor and management. The speaker was Eric Allen Johnston, 47, kinetic, personable president of the U.S. Chamber of Commerce. To a Founder's Day dinner of Boston University, which had just given him his fourth LL.D., he said...
Seven Deadly Sins. To ward off the public beating now beginning to come labor's way, Businessman Johnston proposed that labor and management "hit the sawdust trail together." Both groups, he declared, are guilty of "seven deadly sins": monopolistic practices to crush competitors; autocratic leadership; failure to make proper financial accounting to members, employes and the public; too many strikes, which withhold labor and new inventions from production; violence on the picket line, sometimes incited by management's hired thugs. The worst economic sin, said Johnston, is restraints on production by "featherbedding" and "slow-downing" designed to make...
Free Enterpriser. The Boston speech was only one of twelve that busy Eric Johnston made last week. Both the speech and the week were typical. The speech was an almost electrically fresh restatement of old but much neglected truths. Its impact derived from its clarity, frankness and vigor; from Businessman Johnston's position as head of the traditionally hidebound Chamber, and from his steadily growing personal prestige. Since his election to the Chamber presidency in 1942, he has hopped over the U.S. city by city, to South America, to England, talking constantly at and with businessmen, labor leaders...
Born in Washington, D.C., Eric Johnston came by his faith in individual enterprise in the standard U.S. tradition. His tubercular father moved to Montana, then to Spokane, Wash., then on again, this time leaving his wife and small son to shift for themselves. Eric's working life started when he was scarcely out of rompers. From selling newspapers and running errands he progressed to working his way through high school and the University of Washington by reporting for newspapers, stevedoring in vacations. In World War I he went to the Orient as a Marine intelligence officer, stayed in service...
Wrote U.P. Correspondent Richard Johnston for the combined press: "From beach to beach, Engebi was a scene of almost incredible destruction . . . surpassing what was dealt to Kwajalein. Not a single building was left standing by our bombardment. Even the skeleton structures had been hammered down into chaotic wreckage." Marine losses were "light...