After conferring with labor leaders and employers in November 1929, President Hoover proposed that the Depression would run its course unmarred by wage strikes if employers would make no attempts at wage reduction. With two exceptions—textile disturbances at Danville, Va. (TIME, Jan. 12) and at Lowell, Mass. last month—this Hoover proposal held good until March 1931. Last week, however, came another labor demonstration against pay cuts, with economists gloomily predicting many another cut and strike before the country has fully recovered.
In New Orleans, one midnight last week, a crowd of 200 Negro...
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