Word: coal
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Dates: during 1950-1959
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Thorny Choice. Last year the six nations that make up the European Coal and Steel Community (Germany, France, Italy and the Benelux countries) decided it was time to make the common market more than a dream. At a meeting in Messina, Sicily their economic experts drew up plans for a customs union that, from the trade point of view, would convert the six into a single "country" with no internal tariffs and common external tariffs. Since creation of such a union would have a drastic effect on the economy of other European powers, the 17-nation Organization for European Economic...
...having spent almost half his life in Welsh coal mines, Aneurin Bevan quarreled with his family, decided to seek his fortune in the big world. Coming downstairs, through the warm kitchen with the family seated around a coal fire, young Bevan halted at the door. It was snowing outside. As he hesitated, his father put an arm around his shoulder and said: "Come back, son, there's always a seat at the fireside." Since that day, Nye Bevan's fiery arrivals and quarrelsome departures have played a spectacular part in British Labor politics. In the last two years...
Before 3,000 convention delegates last week, the United Mine Workers' Chief John L. Lewis angrily laid down the law on wildcat strikes in the coal industry. Rumbled Lewis, citing 170 local walkouts from January through April this year: "Carry this message back to your members : don't do it again. The time has gone when half a dozen men can decide not to work." Mine Boss Lewis had good reason to want peace. He had just negotiated another one-year contract with Edward Fox, representing the bituminous coal operators, for a pay increase that would keep Lewis...
...wage to $21.45. Next April the industry will tack on another 80?, bringing the total package, with fringe benefits, to $2.40 more a day and miners' daily wages to $22.25. All told, it would add close to 60? per ton to the industry's cost of mining coal, and make another round of price increases inevitable. Appalachian Coals Inc., marketing agent for southern producers handling 25 million tons annually, started it off by hiking soft coal prices...
Actually, the coal industry might well be able to make up a good bit of the wage increase next year by doing more business with the help of John L. Lewis. After five years of debate, the Federal Maritime Board finally agreed last week to allow American Coal Shipping Inc., an export company formed by Lewis' U.M.W., seven coal producers and three coal-hauling railroads (Chesapeake & Ohio, Norfolk & Western, the Virginian) to lease 30 surplus Government-owned Liberty ships at an annual charter of $127,282 per vessel. They will use them to boost U.S. coal exports to Europe...