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...contract will add at least 900 to the $4.93 the average steel-worker now receives in wages and benefits. By comparison, total compensation back in 1950 amounted to $1.91. Be sides a three-year pay increase of 440, the new pact calls for broadly improved pensions, a new $30-a-week vacation bonus and an eighth paid holiday. The two sides agreed to submit one of the thorniest problems, a union demand for expanded incentive pay, to arbitration. For the 400,000 steelworkers affected, the contract was especially lucrative when compared with the wage-and-benefit gains of about...

Author: /time Magazine | Title: Business: ONE MAN'S PRICE IS ANOTHER'S INFLATION | 8/9/1968 | See Source »

...Last week the two parties agreed to a pact that will be submitted to the balky union membership. The key issue was the wage package; noneconomic issues, such as work rules or automation, were subsidiary. The unions, whose members were making from $134 to $174 a week, demanded a $36 weekly wage in crease over a 36-month contract. The settlement provides for a $33-a-week wage increase over a 341-month contract. The unions that held out won a slightly better pact than the Teamsters, who had settled for $30 a week last March. But the extra...

Author: /time Magazine | Title: Newspapers: Sullen Settlement in Detroit | 7/5/1968 | See Source »

Canadian Pattern. Four days after King's murder, Ray had hightailed across the Canadian border, and was renting a $10-a-week room from Mrs. Fela Szpakowsky on Toronto's polyglot Ossington Avenue. Just why Ray chose Canada is not entirely clear, but, almost surely, one reason was the knowledge-widely circulated among convicts in the U.S.-that it is ridiculously easy to get a Canadian passport. All that is needed is the gall to ask for one and a birth certificate-and the certificate is not strictly necessary...

Author: /time Magazine | Title: Nation: RAY'S ODD ODYSSEY | 6/21/1968 | See Source »

...Identity. Since the time that Ray had left his fingerprints on the .30-'06 Remington rifle that killed Dr. King, he had made an elaborate odyssey from justice. He fled to Toronto on April 8, where he checked in and out of two $9-a-week flophouses. He adopted the name Ramon George Sneyd, that of a Toronto policeman, which he possibly picked at random from a city directory. Using his new identity, Ray submitted a passport application. Because of Canada's ludicrously simple passport procedures-which demand, in effect, that the applicant merely swear that...

Author: /time Magazine | Title: Assassinations: Arrested at Last | 6/14/1968 | See Source »

...sort out his life, Webb dropped out. He had learned the piano and organ well enough to play in his father's church at age eleven and had started composing at 13, so he decided to go to Hollywood and be a songwriter. He wangled a $50-a-week job with a recording studio and rented a cheap apartment, where he slept curled up in a blanket on the bare floor. When, on top of everything else, his romance with a San Bernardino coed broke up, it seemed like the end. But it was the beginning...

Author: /time Magazine | Title: Pop: Up, Up & Away In 18 Months | 5/24/1968 | See Source »

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