Word: backlog
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Actually, what worried big John L. was the depressing spectacle of 70 million tons of coal above ground (enough to last the U.S. at least 55 days) in the midst of contract negotiations. This cozy backlog was nothing to inspire sweet reasonableness in the operators. In three weeks of negotiations, the hard-jawed Southern Coal Producers Association had insisted on unthinkable changes in the contract. The operators wanted the miners to give up their paid half-hour lunch periods. They even wanted to kill the clause which requires the miners to work only when "willing and able."* To the operators...
...Lockheed, thanks to big military orders, got out of the red in 1948 and hoped to do better this year. It had worked its bank debt from $27,000,000 down to $6,000,000 and has a $195,900,000 backlog, compared to $124,820,000 a year...
...ready for a still bigger dish of cream-the huge road-building and heavy construction programs which the war had deferred. Last week, with his order backlog so heavy that he has to put his customers on allocations, Neumiller was sure that 1949's sales would outstrip even 1948's alltime record-unless business goes to pot. Even then, thinks Neumiller, plenty of Cats would be needed in public works projects...
Harry Truman, with no such backlog, was having a hard time breaking even. The Government pays the White House staff and servants, but does not feed them. Bess Truman tried cutting the staff (which runs between 25 and 30), gave up because the housework didn't get done. Feeding the help, plus the family and friends, meant that Truman must pay for about 2,000 meals a month. In the Roosevelt era the monthly food bill sometimes soared to $7,000; Bess Truman has cut it to about $2,000. On quiet nights with the family, Harry Truman often...
...division heads eyed their competitors, but they weren't having any trouble selling their own cars-yet. Cadillac, for example, boasted a backlog of 113,000 orders and up to 17 months' wait for delivery; Chevrolet, 1,500,000, and up to a long two years-all depending on the dealer's allotment and backlog...