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STATEMENT OF JONAS A. MCBRIDE, VICE PRESIDENT AND NATIONAL LEGISLATIVE REPRESENTATIVE, BROTHERHOOD OF LOCOMOTIVE FIREMEN AND ENGINEMEN

Mr. MCBRIDE. Mr. Chairman, I wish to register opposition to the enactment of H. R. 1483:

To require the furnishing of certain information by labor organizations and to prohibit political contributions by labor organizations.

The first three sections of the bill seek to require by law the furnishing by labor organizations of certain information to the Secretary of Labor. All the information outlined in these three sections may be secured by the Secretary of Labor merely by requesting it from the President of my organization-the Brotherhood of Locomotive Firemen and Enginemen.

Contrary to popular belief, there is nothing hidden, secret, or concealed about such information, so far as the Brotherhood I represent is concerned. All such data is compiled quarterly, printed and distributed to the members of our brotherhood. Here is a copy of this information which has just come to me from the grand lodge at Cleveland. You may put it in the record, or file it with the exhibits in this hearing, or do anything with it you like. It contains all, or nearly all, of the things asked for in the first three sections of H. R. 1483.

(The statement referred to follows:)

QUARTERLY REPORT OF THE General SecRETARY AND TREASURER, BrotherHOOD OF LOCOMOTIVE FIREMEN AND ENGINEMEN FOR THE QUARTER ENDING MAR. 31, 1943

Balance Sheet, Mar. 31, 1943

ASSETS

Current: Cash on hand-available for disbursement_ Securities, par value: Bonds of United States Government, Dominion of Canada, and their subdivisions, etc..

Receivables, sundry

Fixed:

Land and buildings.

Furniture and fixtures, equipment, etc..
Less reserve for depreciation, etc..

Other:

Labor cooperative, educational and publishing
Society, Inc., cost.

Home for Aged and Disabled Railroad Employees
of America. Nominal__

Printing, stationery, postage, supplies, etc.

$789, 170. 84

26, 853, 599. 11 15, 154. 63

25, 737. 73

27, 683, 662. 31

$80, 558. 27 20, 987. 04

59, 571. 23

10, 745. 05

1.00

Total assets..

21, 092. 91

31, 838. 96

27, 775, 072. 50

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NOTE. Net assets owned but not reduced to cash, or the equivalent, are not included in this balance sheet. Current liabilities amounting to $80,528.19 due and payable after Apr. 1, 1943.

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$27, 426, 709. 56 $25, 482, 317. 97 $794, 829. 77 $534, 771. 61 $54, 804. 60 $159, 590. 49 $7, 507. 13 $20, 292. 55 $37, 931. 65 $61, 083. 50 $18, 718. 15 $249, 985. 07 $4, 877. 07 1. 398, 643. 47 566, 995. 38 36, 816. 89 380, 316. 60 69, 583. 50

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8, 134. 15 3, 050. 40 3,670.50

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232, 447. 40 68, 590. 55 29, 038. 10

681. 25

Securities received.

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Total.

30, 838, 597. 66

2, 388, 877. 77 27, 871, 195. 74

42, 262. 24 533, 294. 19 98, 585. 10 837, 092. 01, 1, 068, 065. 80 153, 389. 70

10, 693.99 3,050. 40 3,670. 50 170, 284. 48|10, 557. 53 23, 963. 05

17.39 232, 447. 40 68, 590. 55 37, 949. 04 293, 530. 90 87, 308. 70

29,719. 35 679. 22 279, 704.42 5, 556. 29

NOTE. Contra items are designated . (a)

Figures shown in bold type indicate deductions.

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Totals

Statement of receipts and disbursements-Continued

ALLOCATION OF GROSS AND NET ASSETS BY FUNDS

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$217, 986. 81 $52, 661. 48 $45, 057. 51 $4, 032. 53 $19, 811.94 $6, 424. 04 $55, 137. 25 $19, 834. 65 $62, 967.50 $5, 556. 29 260,000.00 117, 812. 50

1, 196. 66 39.05

23, 737.73

31,000.00

204, 500.00

135.24

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1.00

Furniture and fixtures. Printing and supplies.

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13, 540. 57 1,054. 10 109.47

Magazine department:
Furniture and fix-
tures.

Printing and sup

11, 988. 72

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Surplus over liabilities...

27, 651, 422. 78 25, 700, 090. 95 812, 449. 18 $593, 644. 96 $52, 661.48 $162,870.01 $4,032. 53 $20, 646. 89 $37,424.04

$267,602.74

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