Word: callaghans
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...only a partial victory, but for Britain's Prime Minister James Callaghan every little bit helps these days. Meeting last week in the tacky resort city of Blackpool, 1,148 delegates of the powerful Trades Union Congress voted by a 3-to-2 margin to limit the future wage-increase demands of their individual unions to one a year. Callaghan would have preferred a third year of voluntary wage restraints in accordance with the government's incomes policy (TIME, July 18). The effect of the T.U.C. vote, even though it set no limits on the size of wage...
...that limited wage increases to ?6 in 1975-76 and 4½% in 1976-77. But after last year, in which prices rose by 15%, workers decided they had had it; unions throughout Britain announced that they intended to seek gains of 20% to 100% beginning this autumn. For Callaghan, the unions' actions threatened a political crisis as well as an economic one: Liberal Party leaders warned that they would withdraw their crucial 13 votes in the House of Commons from the Labor government unless it effectively restrains wages. Chancellor of the Exchequer Denis Healey and union leaders suggested...
...file; one union chief, National Union of Mineworkers President Joe Gormley, was spat upon and called a "scab" by demonstrators. It was left to the Prime Minister himself, a trades-union member for four decades, to make the most effective case for wage restraint. In a forceful, televised sermonette, Callaghan pointed out that wage increases above 10% would "seriously weaken" the government's chances of containing inflation. "I was brought up to believe that free collective bargaining was the milk of the gospel," he said, in defense of a third year of wage guidelines. "[But] if I went into...
...Callaghan was occasionally interrupted by hecklers but received the traditional standing ovation when he finished. Although he had preached an unorthodox homily for a Labor Prime Minister, he drew partisan support from his audience by warning that a wage explosion could lead to a Conservative takeover. "I don't want to see those with a different philosophy, or no philosophy at all, taking it from us," said he. "The question is whether we have the guts and stamina to stick to it. We are going...
...higher growth. Citing "the preoccupying problem of unemployment," French President Valéry Giscard d'Estaing last week announced a $1.1 billion infusion of government spending for public works and family allowances, the second stimulative effort this year. Britain's trades unions are pressing Prime Minister James Callaghan for a large "catchup" pay boost and a major expansion program to create jobs. Even wealthy West Germany, which has sorely disappointed the rest of Europe (as well as the Carter Administration) by failing to push very hard on its crucial economic accelerator, may finally be getting ready to apply...