Word: contraction
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Dates: during 1940-1949
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Once the bargaining got underway, something turned up almost at once. Standard Steel Works, a subsidiary of the Baldwin Locomotive Works, promptly agreed to the full 10?-an-hour pension and welfare package urged by the President as a sound basis for settling the contract dispute in the steel industry (TIME, Sept. 26). But other companies, as usual, would probably wait to see what U.S. Steel decided before they budged...
That did not faze old John in the slightest. He had not even bothered to talk with the southern operators, some of whom had precipitated the walkout (say the miners) by withholding payments to the welfare fund. He still refused to discuss his new contract demands with the northern operators. (Best guess: a boost in the present royalty for the fund to 30? a ton, reduction of the present eight-hour day to seven with no loss...
...last 20 years, while flightier musicians have run off after every new craze in jazz, swing or bebop, Wayne King has stuck tenaciously to the waltz. This week, his single-mindedness rewarded with a whopping $200,000 TV contract, the "Waltz King" began a 40-week show for Standard Oil Co. (Indiana) over a Midwestern network (Thurs. 9:30 p.m., C.S.T...
Samuel and Isadore Horvitz were quietly turning asphalt into gold as Ohio paving contractors, back in the 1920s, when a newspaper publisher attacked their bid for a city contract. The Horvitz brothers decided that the way to answer Publisher Raymond Cyrus Hoiles was to go into the newspaper business them selves, in competition with Hoiles's papers in Lorain (pop. 44,000) and Mansfield (pop. 37,000). By 1930 the contractors had won their fight. Publisher Hoiles,† who had made many enemies by his violent attacks on schools, churches and unions, sold out his Lorain and Mansfield papers...
...Goodrich Co, and CIO United Rubber Workers signed a new contract yesterday, ending a 34-day strike for 15,000 workers in seven states. The new contract is subject to approval of the union's general executive board...