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Focuses on the efforts of the Congress of Industrial Organizations to unionize the white-collar employees who are steadily being drawn into the United Office and Professional Workers of America (UOPWA) in New York City. Appointment of UOPWA president Lewis Merrill as head of the Financial Employers' Organizing Committee; Prevalence of insecurity of tenure with mass lay-offs following the frequent dips in the market; Comment of the Committee on the average salary for brokerage workers; Adherence of Wall Street bankers and brokers to the double standard in their labor relations; Claim that there was nothing in the National Labor Relations Act which denies to bank employees the same rights accorded to other employees.