Crooked Executives Will | WESTERN CANADIAN LUMBER Steal Business Blind .. BRIDGEPORT, Conn. — Crooked executives, supervisors and workers will continue to steal American business blind in 1960, a New York manage- ment engineer said here. Norman Jaspan of Norman Jaspan Associates told the Con- frollers Institute of America that “management will con- tintie to lose its battle against internal dishonesty” this year. _ “Jaspan said 250 firms will go to the wall because of thefts by owners or workers—50 more than in 1959. Employers will steal over four million dollars a day, most of it by executives and supervisors rather than ordinary workers. The total, one billion dollars, will be over twice as much as professional burglars and robbers manage to steal from the public in the course of a year. Mest of the losses will be so carefully hidden in the books of the companies involved they never will be discovered. In consequence, thousands of com- panies will pay taxes on profits they never earned or property that was stolen. On top of the thefts, the kickback racket will take a further toll of five billion dol- lars from business in 1960 in spite of all the récent payola notoriety, Jaspan predicted. He said stealing and payola cost business so much that if they could be eliminated the general price level of goods could be cut by 15 per cent. Mismanagement is respon- sible mainly, Jaspan said, and dishonesty is greatest among executives and supervisors. His company investigated 60 mil- lion dollars in theft losses last year and found the bosses stole 62 per cent of this. Graceful Dolphin To Speed Boats Did you ever watch the swift movement of a dolphin through the water and wonder how it could move so fast? If you wondered at all, you probably considered it just the nature of the beast and let it go at that. ; Luckily some people have more curiosity about the be- havior of nature’s creatures than others, Because they have and be- cause of dolphins, small boats of the near future will go much faster with the same power, or at present speeds with less power. In 1946, Dr. Max Kramer, who had made an extensive study of turbulent resistance, came to the United States. On his voyage from Europe, he happened to notice a school of dolphin passing the ship. Based on observations and calcu- lations, he came to the conclu- sion that the dolphins must have about one-tenth the drag or re- sistance that would normally be expected from an animal of its size and shape. -Dr. Kramer therefore anti- cipated that turbulence did not form along the dolphin’s body and that in the dolphin, the problem of damping out the whirlpools and eliminating, or at least reducing, the resistance caused by them had been solved. Resuming his studies of turbulent resistance, in 1956, Dr. Kramer obtained a sample of dolphin skin, and there found the solution to the problem of turbulence resistance. Through his study of the dolphin skin sample, Dr. Kramer has develcped a rubber skin that effectively dampens the effects of turbulence. The development is called “boundary damping.”, Thank goodness, the commercial] name is simply ‘“Lamiflow.” Old-Line Parties, In the immemorial prose of politics a party platform is always “hammered out.” Party platforms, particularly in diversified Canada, are composed of planks which have been warped, dried out and which have had any spring in them removed. hess Than We Presume —Calgary Herald ° “It appears that several lawyers have set identical fees to defend our price-fixing case.” What's New For You PUSH-BUTTON PARKING is here. Detroit firm offers a completely automatic parking facility having tested a three- déck prototype. You park your car at the entrance, lock it if you wish, an attendant pushes a button and it’s parked auto- matically on one of the levels. No one touches your car until you return to drive it away. A facility four units wide could park four cars every 35 seconds, the maker says. TOOTHBRUSH has _ remov- able nylon brush head that can be turned to any position for more efficient cleaning, replaced when worn. The handle is guaranteed for life. Price of whole brush: $2. Price of pack | of three refill heads: $1.50. DAIRY REMINDER: Plastic peg board permits housewife to order her dairy products without notes to the milkman. Also speeds up the milkman’s job, maker says. You mark your order on the white board with red pegs, put money-or miik tickets in special slot on the back. Price: $1. 8° a DAY... ALL THE NEWS of all the world . . . all the news of Canada, B.C., your home town, PLUS all the features to entertain ri every me mber of your family ... all these The Vancouver Sun brings to your home every day! And for LESS than 8 cents a day, delivered . . coffee or five cigarettes. * In All Your Expenditures, It’s Your BEST BUY! * y. around in these days of inflation and your big, newspaper, The Sun, is one of them! . LESS than’ the price of a cup of There are still a few bargains metropolitan THE Yar WORKER The Light That Fails Keeps Business Happy VICTORIA — Instances of exploitations at the consumer level because of irresponsible pricing policies, having no relation to labour costs, were cited by Opposition Leader Bob Strachan in the Legislature as follows: — deliberate. whip. Ist Issue March, 1960 Light bulbs last only a fraction of the time made possible by modern manufacturmg methods. This lowered quality is When the housewife buys whipping cream, it often doesn’t Apples are 15 cents to 40 cents a pound at the consumer level but the farmer gets only 30 cents for a 40-pound box. Drug companies get $15 for pills that cost 30 cents to make. LAZY BOWLERS might ap- preciate this: An automatic bowling scoring system. Auto- matic pinsetter transmits data, and the score appears on a screen or printed card. The card system simplifies tournament scorekeeping, the maker says. = x x HOME without faucets: In this new system you touch a button to get hot water, cold water, warm or extra warm water, full flow or gentle flow. The control panel can be placed anywhere—on a wall beside the fixture or in the countertop or backsplash board. The buttons New Westminster operate on safe, low-voltage electricity. Warm water is mixed at the heater instead of at the fixture — thus only one pipe from heater to tap and lower heat-loss. * bs ' SAVE MONEY on inventory, says maker, with an automatic, electronically-controlled machine that bends straight pipe into any make or model auto tailpipe in 2 min. Auto parts distributors don’t have to stock 50,000 tail- Pipes of 750 different car models, they just keep straight pipe that can be bent to order, claims the manufacturer. ee a ee ee CREDIT UNION DIRECTORY Hi IWA Credit Unions and other Credit Unions supported by IWA Local Unions in B.C. Alberni District Credit Union, 209 Argyle Street; Port Alberni IWA 1-217 Savings, Broadway &-Quebec Streets, Vancouver 10 IWA (N.W.) Credit Union, Room 21, 774 Columbia Street, Local 1-118, IWA (Victoria), 904 Gordon Street, Victoria Chemainus & District Credit Union, Box 229, Chemainus Lake Cowichan and District Credit Union, Lake Cowichan, B.C. Courtenay Credit Union, Box 952, Courtenay Duncan & District Credit Union, Box 1717, Duncan Prince George & District, 1046 - 4th Avenue, Prince George Nanaimo & District Credit Union, 499 Wallace St., Nanaimo Ladysmith & District Credit Union, Box 154, Ladysmith, B.C. United Labour Credit Union, 1475 East 43rd, Vancouver What's the matter, doc? Simple, my boy — Here's a tested prescription WEAR PARIS BOOTS There’s over 50 years’ experience built into every pair PIERRE PARIS & SONS 51 WEST HASTINGS ST. VANCOUVER 3, B.C.