Word: coal
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Dates: during 1970-1979
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...miners because they didn't know them. The company negotiators were mostly bureaucrats." In any event, after the miners rejected the pact, the B.C.O.A's bargaining was turned over to Nicholas Camicia, 61, chairman of the Pittston Co., and Stonie Barker Jr., 51, president of Island Creek Coal Co. Although their firms rank among the nation's five largest coal companies, Camicia and Barker started out as deep-pit miners. Said Camicia: "I've been in the mines all my life, so I understand the people. I'm one of them...
Executives of the large coal companies deny that they mishandled the negotiations, or were trying to damage the union. Said Harry Washburn, senior vice president of Cleveland-based North American Coal Corp.: "The operators do not want to tear the union apart. They want a strong union, one that can deliver a work force every morning." Many executives of the big companies are upset about the latest contract proposal and blame Jimmy Carter for it. Said a steel company official: "There's no doubt we were the losers, dragged into defeat by Government intervention...
High costs, long delays and public hostility have brought the construction of nuclear power plants to a near standstill. But the need for other sources of power has been underlined by the coal strike, during which atomic power plants have supplied 14% of the nation's electrical requirements (an increase of more than one-tenth from 1977). That production has allowed the nation to escape severe power rationing. Seizing the opportunity, the Carter Administration made three moves last week to advance the nuclear cause, at least in the long...
...COAL. Administration officials are concerned that any coal settlement will worsen the wage spiral. Says Brill: "There are contracts for 740,000 construction workers coming up between March and June. I just hope they don't read the papers, because a lot of their wives are going to be around reminding them of that 38.8% [prospective coal wage-and-benefit increase] over three years." In addition companies will also bid up the price of nonunion coal, switch to higher-priced fuels or make up for lost work by scheduling costly overtime when the strike ends. Those moves could boost...
What to do? President Carter at budget time talked up a "deceleration" program of urging union and corporate leaders to hold wage-and-price boosts below the average for the past two years. This idea seems dead, killed by the coal strike and the cost of settling the walkout. The Administration is considering a series of other measures. Among them: holding pay raises of 1.4 million federal employees and 2 million military personnel to only 5%, rather than the 6% planned in Carter's fiscal 1979 budget; having Carter urge state and local governments to cut sales and property...