Word: auto
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Dates: during 1950-1959
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Walter Reuther, who remains president of the million-man United Auto Workers, and who at 48 may well aspire to be the next president of the united labor movement, announced, "I will be very happy to step down as president of the C.I.O. and support the leadership of George Meany." For himself, Meany proclaimed new drives in the future to "organize the unorganized," especially in stores, service trades and white-collar work...
...care to such affairs of state that Pérez Jiménez drew his countrymen's attention. Amid Cabinet meetings and the signing of decrees, they noted, the President worked in an astonishing schedule of extracurricular activities. He went to a garden party, an auto race and a pre-Mardi Gras fiesta, where he awarded the queen's prize. He tried out -a new rowboat and pitched the first ball of the Caribbean baseball tourney. He went to the touring Folies Bergère of Paris, whose nude cuties have been a scandalous success in Caracas...
With coal running scarce in Britain last fall, the housewives of Canklow village in Yorkshire were delighted when a junk dealer showed up hawking a pile of old auto battery cases. The vulcanite cases were certainly a bargain-only a shilling a sackful-and they blazed warmly in open grates...
...bustling auto industry reached the highest production peak in its history last week. By working overtime, on Saturday and on extra shifts, automakers rolled out 168,160 passenger cars, a full 2,300 above the previous alltime record week ending June 24, 1950. Total for 1955's first six weeks: 959,080 passenger cars, 40% above the comparable period...
Other industries were keeping up with the fast auto pace. Awards of construction contracts in 37 states for the first three weeks of January, reported the F. W. Dodge Corp., hit $1 billion, up 32% from the same 1954 period. Largely because of the boom in autos and construction, steel output was scheduled at 85.4% of capacity, best since 1953, and demand was so great that a mild grey market developed for some steel products. In the lead and zinc markets, buying was heavy as manufacturers hedged against price rises that might follow the recent boost in copper...