Labor leaders, who have been loudly charging many a company with double bookkeeping to hide profits, were jolted last week. Chicago's Circuit Court of Appeals ruled that unionists may be sued for libel for such statements. The decision grew out of a squabble between Pullman-Standard Car Manufacturing Co. and a C.I.O. Steelworkers' local. Back in 1943, Pullman had stated in a newspaper ad that its profits, after all expenses, were only 1.81 of a cent on the dollar.
The C.I.O. local in the company's Calumet shipyards (patrol craft and Navy LCMs) promptly charged: "Everybody knows . . . Pullman's profits actually...
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