Corporations and Politics

Archive Report

Peals for More Business Political Action

Business Concern Over Labor's Political Power

Political OBSERVERS are predicting that the Congress to be elected on Nov. 4, like its two predecessors, will have Democratic majorities in both houses. Failure of the Republican party, which won control of both the Executive and Legislative branches in 1952, to retain control of House or Senate after 1954, has been attributed in part to organized labor's active role in politics. That view is strongly held in business circles. It is largely responsible for an upsurge of appeals by and to corporation executives for greatly increased business participation in practical party politics.

Archie D. Gray, senior vice president of the Gulf Oil Corp., recently made such an appeal to that concern's 161,-000 employees, stockholders, ...

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