Word: coalmen
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...English Electric Co. Ltd. to build two hydraulic-electric turbines for the Greers Ferry Dam in Arkansas, instead chose a 21% higher bid from Philadelphia's Baldwin-Lima-Hamilton Corp., thus giving some political help to Republican Congressman Hugh Scott (TIME, Feb. 2). Last week the coalmen demanded still tougher controls on imports of residual fuel oils, arguing "national defense." Lobbyists for cobalt, fluorspar, tungsten (which are already heavily stockpiled) and such debatable defense needs as dental burs and wool knit gloves are also clamoring for OCDM to squeeze off imports...
...such rages, tricks and cajolements, the cherub-cheeked minister has kept Germany on the path of free enterprise through five years of rising prosperity in an inflation-ridden world. The coalmen's price break threatened other rises from steel to bread; trade unions broke into a chorus of wage demands, topped by the 1,600,000-member Metal Workers Union's cry for a 10% boost...
...back up the appeal, Erhard wheeled up his biggest price-defense weapon-his power to let more competing imports into the country. As a starter, he ordered his ministry to prepare schemes to slash rail freights on foreign oil and U.S. coal. At week's end the coalmen were still holding their prices up, and Erhard was stubbornly getting ready to fire the gun of low-priced imports that always in the past has knocked them down. Nobody was betting that it would not do it again...
...miners are still employed; last year's bituminous output of some 395 million tons was a 15-year low. But the picture is brightening. Last week bituminous production was running about 16% above last year's rate, and most coalmen hope for a yearly output of at least 430 million tons, a figure some optimists claim is 20 million tons...
...have moved fastest towards mechanization have found their markets increasing. In the past eight years, the 28 largest producers-most of them exponents of mechanization-have boosted their output 45%, while total industry production slumped 38%. As the U.S. economy grows to meet the needs of expanding population, coalmen expect that the output of completely mechanized, low-cost mines will not only increase, but will be able to compete on nearly equal terms with...