Word: buts
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Dates: during 1950-1959
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The big background fact of the steel strike is the U.S. economy's pressing need for a hold-down on production costs. Round-after round of wage boosts followed by price boosts has brought not only price upcreep at home but also loss of export markets abroad. Western Europe...
Despite loud bargaining noises, the two sides have come comfortably close to agreement on wages (the company's last offer was a 30? package increase over three years-to an average $3.40 an hour -which the union says is really 22?). But the basic issue was industry's...
The basic 2-B dispute has been befogged by both sides: by McDonald's charges that the steel industry is out to "bust the union," and by the industry's failure to explain its case to the public. But behind the fog, the issues in the steel strike...
Some kind of explanation was needed. Mamie made $25,000 a year as head bookkeeper at the big Detroit architectural engineering firm of Giffels & Vallet (now Giffels & Rossetti). But the Averills lived far beyond the $25,000-a-year scale, with a chauffeured Cadillac, lavish wardrobes, a $300,000 estate...
Last week Detroit police explained that the secret of the Averills' prosperity was not rich relatives but a breathtakingly simple moneymaking technique. They arrested plump Mamie Averill, 58, on a charge of embezzling $100,513 from Giffels & Vallet. Apparently she had scooped out a lot more than that: a...