The Importance of How Much

How much does the boss make? To the boss, that has long been an understandably important question. But in the postwar fight over wages, another important question has bobbed up: how much do the workers think the boss (i.e., the "proprietors," the managers, and the stockholders) makes?

To find the answer, the Los Angeles Merchants and Manufacturers Association recently hired a professional pollster to ask a cross-section of Los Angeles residents. Of some 1,000 who were interviewed, more than half thought the employers must get around 50-c- out of every incoming dollar. Almost a third thought they got upwards of 75-c-. Barely one tenth of them were reasonably close to the nationwide average: 9 1/2-c- out of every dollar (according to the latest figures--September 1945--of the Department of Commerce).

In its current monthly bulletin, the Guaranty Trust Co. of New York deplores these "shocking misconceptions," and management's failure to do anything about them. Said the Guaranty Survey: "The effects of industrial unrest are tragic enough in any case, but they are doubly tragic if they arise from such profound misconceptions as these. . . ."

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