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Word: back (lookup in dictionary) (lookup stats)
Dates: during 1950-1959
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Despite President Eisenhower's call for a swift steel peace (see NATIONAL AFFAIRS), management and labor could agree last week only to continue disagreeing. Just before both sides met with federal mediators for the first time since a Taft-Hartley injunction sent the workers back to the plants, the steel industry announced that its earlier offer of 30?-an-hour package spread over three years was its "last offer for a strike settlement." This so incensed Steelworkers President David McDonald that he walked into the meeting heatedly waving a copy of the statement. He repeated union arguments that...

Author: /time Magazine | Title: Business: These Mulish Men | 12/14/1959 | See Source »

...settle "within the framework of the board's recommendations." The President turned down the suggestion in favor of another try at collective bargaining. In high moral tones that stressed the nation's welfare, both sides pledged once more to forge ahead for a settlement-then went right back to bickering...

Author: /time Magazine | Title: Business: These Mulish Men | 12/14/1959 | See Source »

...brother Anton, 20, quit a promising banking career to take over sales, did so well that by 1897 the company began exporting. In 1898 Anton himself wired home from St. Petersburg the biggest order ever placed: 50,000 bulbs for the Czar's Winter Palace. Dumfounded, Gerard wired back asking how many of the zeros were a mistake. Rewired multilingual Anton impatiently: "Fifty thousand, fÜnfzig tausend, cinquante mille." When Germany later cut the rail link to Russia, Anton hired 70 reindeer and sleighs to get light bulbs through to the imperial court via Finland...

Author: /time Magazine | Title: BUSINESS ABROAD: The Light of Holland | 12/14/1959 | See Source »

Three Shifts. While the bulk of the goods is still produced by industrious Chinese pieceworkers in cramped cubby holes and back rooms, more and more are coming from new, modern factories such as Lee's. He employs 5,000 workers, v. 150 when he started, has one factory running three full shifts a day, spinning, weaving, dyeing, cutting and sewing cot ton garments for export. Last August he added a new factory to weave 1,000,000 yds. of cloth per month, cut 60,000 gar ments a day. His own garment exports...

Author: /time Magazine | Title: Business: Invasion from Hong Kong | 12/14/1959 | See Source »

...Hubley Manufacturing Co.'s Tic-Toy Clock. The spring-driven plastic clock, with its mechanism visible, actually keeps lime, has big, colored parts that can be taken apart and put back together again. List price...

Author: /time Magazine | Title: RETAIL TRADE: The Magic Market | 12/14/1959 | See Source »

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