Word: big
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Dates: during 1950-1959
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Management's tough stand was no idle pose. Big Steel, led by U.S. Steel Corp.'s Board Chairman Roger M. Blough, was bent on halting steel's relentles's postwar trend: ever higher wages, ever higher prices-both up about 150% since 1945. With U.S.-made steel all but priced out of foreign markets and losing domestic markets to low-cost foreign steel (TIME. July 20), the steel industry finally decided to hold out against a wage boost unless the union conceded management more freedom to trim costs by cutting down on "featherbedding and loafing...
...tons of testimony, Jimmy Hoffa was a more arrogant, more dangerous labor boss than ever. And, as if to prove it, he headed off to Miami Beach to urge the convention of the International Longshoremen's Association to join with the Teamsters and West Coast Longshoremen in one big happy labor family-which, incidentally, would have tight control over the principal arteries of the nation's transportation...
Flanked by his task force of high-priced pressagents and lawyers, Boston Millionaire Bernard Goldfine made a big headline decision during congressional committee hearings last summer on his dealings with Presidential Assistant Sherman Adams (TIME, June 23, 1958 et seq.). He would refuse to tell the Subcommittee on Legislative Oversight about cash withdrawals of $104,973 from two of his tangled companies on the ground that the questions were not pertinent. Congress slapped him with a contempt charge...
...agreed that the practice should be outlawed on federal lands, too. Passage of Wild Horse Annie's bill seems likely -with one amendment. The Interior Department claims the horses are a potential threat to grazing lands, asked the right to hunt them humanely if the herds get too big. Wild Horse Annie has no objection to that...
Missile scientists insist that they learn something from every big bird that gets off the launching pad. no matter how ignominious its end. But by any other name, an epidemic of missile failures at Cape Canaveral last week added up to one of the most disappointing weeks of U.S. missilery. Items...