Word: buts
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Dates: during 1950-1959
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Looking at the aftermath of the steel strike, some economists last week were swinging around to the opinion that for all the harm it did the economy, it also may have done some long-range good. Along with others. Chamber of Commerce's Schmidt pointed out that the postwar...
First to be warmed was the railroad industry. Freight-car loadings jumped 14% for the week to 638,408 cars, the largest traffic since the 697,633 cars loaded in the last week of June. Even the steel industry's biggest and hardest-hit customer, the auto industry, began...
But a good many effects of the strike still remained. In steel towns across the nation, merchants reported steelworkers were paying off debts and replenishing savings before resuming buying. The biggest strike effect was on the national budget. At Augusta, Budget Director Maurice H. Stans informed President Eisenhower that lowered...
Old Warning. Formal mediation meetings will be resumed after Thanksgiving, but unionists feel that the companies' offer is not likely to be materially raised. If not accepted by the union leadership, the Taft-Hartley law requires submitting management's final offer to a secret-ballot membership vote between...
ATOMIC POWER PLANTS, of practical, small size, are coming along fast. North American Aviation has developed 220-lb. reactor that is no bigger than a 5-gal. milk can but produces 3 kw. of power. Small power package was originally designed for space satellites.