Word: blough
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Goldberg then opened a telephone barrage to steel leaders across the U.S. After a two-hour discussion in the White House between Kennedy, Goldberg, McDonald and U.S. Steel Chairman Roger Blough, the formal negotiations began-only to break down abruptly, with both sides far apart (TIME, March 9). Several days later, Blough and then McDonald were summoned to Goldberg's office. The President also talked with each of them on the telephone. Just what carrots and sticks were held out, the Administration does not say-but the negotiators promptly got together again and settled down to resolving their differences...
...year, while the steelmakers contend that the rise is 2% or less. Last week management's argument was publicly voiced by U.S. Steel Corp. President Leslie B. Worthington, 59, a coal miner's son who rose through sales to become second in command (to Chairman Roger Blough) of the world's biggest steelmaker. Said the usually soft-spoken Worthington...
Early last September, the President wrote twelve steel company chiefs, urging them to battle inflation by holding the price line, pledged that if they did so, he would urge Steelworkers to temper their wage demands. Since then, he has wooed U.S. Steel Chairman Roger Blough in private chats. Fortnight ago, Kennedy and Labor Secretary Arthur Goldberg huddled secretly for two hours one evening in the White House with McDonald and Blough. Kennedy wants 1) a quick settlement to head off any first-half splurge and second-half slump in inventory buying, 2) no increase in prices, and 3) only such...
...year ago. As last-quarter auto statistics flowed into head offices, Chevrolet, Cadillac, Rambler and Chrysler last week found that they had achieved alltime highs. And Ward's Automotive Reports predicted that production in January would be the best in two years. U.S. Steel's Roger Blough foresaw the steel industry entering 1962 on what he called "the strongest order and production note in two years." During January steel mills will be at 85% of capacity (v. 50% a year ago). Sales of appliances, gasoline and housing are all expected to increase by 4% in 1962-and these...
...Democrat Kennedy, but the President has also gone all-out to relieve big business of its suspicions about his Administration. He has sent his economic advisers all over the country to preach that big business is a respected Administration partner, slipped such business leaders as U.S. Steel Chairman Roger Blough into the White House for long, earnest chats...