Business & Finance: Capital's Partners

For ten months a Senate subcommittee created by a resolution of Michigan's conservative Vandenberg has been studying the relationship of the U. S. wage system to labor disputes, and to national prosperity. This week, in a 351-page report, it gave its findings.

"Wages will never settle the labor problem because the saturation point will never be reached," wrote Arthur Vandenberg and his colleagues. "Wage increases create the same result as the serving of red meat to animals at the zoo—satisfaction for the moment, a more ravenous appetite later."

The committee recommended no specific legislation, but it did recommend a business policy: profit-sharing by...

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