Saturday, May. 19, 1923
Something New
A fund raised by the larger corporations to import contract labor from Europe is the proposal of Lewis L. Clarke, President of the American Exchange National Bank, Manhattan.
Mr. Clarke suggests that such a fund be used to relieve the labor shortage by bringing men over from the northern European countries, particularly Great Britain and Germany, where unemployment and economic conditions are bad. Arrangements could be made with the individual workmen to repay the cost of passage.
" This suggestion, if adopted, would violate the Contract Labor Laws," said Hugh Frayne, in charge of the New York office of the American Federation of Labor. He declared that the Federation would oppose any move of the sort suggested by Mr. Clarke.