Time Clock, Mar. 5, 1956

GUARANTEED ANNUAL WAGE will go into effect for 1,000,000 United Automobile Workers on June 1 as scheduled, now that nine states have okayed the plans to supplement state unemployment benefits. Workers can collect in Michigan, Massachusetts, Connecticut, Delaware, New York, New Jersey, Pennsylvania, Florida and California, but not in Ohio, which ruled the plan illegal.

WOLFSON ALLY Alexander Rittmaster resigned from the Montgomery Ward board only one month after Louis Wolfson himself quit. Wolfson's sole remaining Monkey Ward director: Advertising Consultant Bernice Fitz-Gibbon.

NEW MINIMUM WAGE of $1 hourly will put an extra $560 million yearly into the pay envelopes of 2,000,000 workers...

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