Business: Knudsen on Labor

While national attention was focused on the annual Automobile Show in Manhattan last week, a ranking U. S. automobile tycoon rose in Boston to speak his mind. Said President William S. Knudsen of General Motors at a dinner of the Associated Industries of Massachusetts: "Our standard of living has been obtained by narrowing the gulf between Capital and Labor. To widen it will unquestionably tend to lower the standard of living instead of raising it....

"I think I ought to say something here about the fundamentals underlying the union movement. . . . Men...

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