Word: bargainers
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Dates: during 1950-1959
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Five: "New methods must be found for settling national emergency disputes'. . . The right to bargain collectively does not include the right to stop the national economy." Stevenson said that he had "no miracle-drug solution for this problem...
...Bargain at the Price...
There was a logical reason for Big Steel's hard-nosed attitude. To compensate for wage increases, Steel wanted sizable price increases. The Administration was openly boasting that Steel would get no such thing. So Steel's refusal to bargain with Phil Murray was its only lever in its bargaining with the hostile and partial Government. Said Ben Fairless in Cincinnati last November: "Whether our workers are to get a raise, and how much it will be if they do, is a matter which probably cannot be determined by collective bargaining, and will apparently have to be decided...
...problem is almost as old as formal education. Taking note of a similar situation more than 2,000 years ago, the Greek Philosopher Isocrates dourly counseled his colleagues: "They who teach wisdom . . . ought certainly to be wise themselves; but if any man were to sell such a bargain for such a price, he would be convicted of the most evident folly...
Spiritual Point Four. But Earth-Mover LeTourneau has never been satisfied just to fill the financial side of his bargain. After a trip to Liberia in 1951, he decided that the best way to teach the Gospel to the natives was to teach them American technical skills at the same time. From the Liberian government LeTourneau leased 500,000 acres of jungle for 80 years at 6? an acre, laid plans to cultivate the land with such crops as rice, grapefruit, bananas and palms, cut down and export mahogany. He agreed to pour back the first five years' profits...