Word: contractions
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Dates: during 1930-1939
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...impotent Amalgamated Association of Iron, Steel & Tin Workers, on whose bones John Lewis is attempting to put robust flesh, was one of the strong est unions in the land. As its local's three-year contract with great Carnegie Steel Co. in Homestead, Pa., seven miles below Pittsburgh, drew toward a close, the company proposed that the new contract include a wage cut. The union refused. Famed for his humanitarian statements on the subject of Labor's rights, Andrew Carnegie skipped off to Scotland, left his mills in charge of hardbitten, union-hating Henry Clay Frick...
Because they got the job of building R. M. S. Queen Mary, the thrifty Scots of John Brown's Shipyard on the Clyde have just paid a tight little dividend of one shilling (25?) per share, after years of paying none. Last week they got the contract to build what Britons called a "sister ship" to the Queen Mary until leading London newsorgans declared that...
...year. These conditions satisfied, the Authority will submit for bids the company's plans for new ships to U. S. shipyards, which in turn must agree to return to the Government profit in excess of 10%, for the job. The Authority will accept the lowest bid, but will contract to sell the finished product to the operator at a figure equal to the cost of building the ship in a foreign yard. This figure is almost certain to be lower than the cost in the U. S. The difference constitutes the subsidy paid by the Government. In some cases...
...late as 1933, John Lewis was little more than the hard-boiled head of a hard-boiled union. Less than 25% of the nation's soft coal was dug under union contract. More than half of U.M.W.'s 300,000 membership probably failed to pay dues. Under the New Deal's NRA, U.M.W. suddenly gained 200,000 members which it has managed to keep, now represents 95% of the industry. On mine operators John Lewis riveted the "check-off"-that potent device whereby employers automatically deduct union dues from payrolls, turn the proceeds over to the union...
First New Deal act to provoke widespread U. S. criticism was the abrupt cancellation by President Roosevelt and Postmaster General Farley in 1934 of every U. S. airmail contract because of alleged collusion. For two months the Army flew the mails, at a cost of 13 lives (TIME, Feb. 19, 1934 et seq.). When this fiasco forced the Government to back down, return the airmail to the commercial lines after ousting nearly 20 top men in the industry, all the airlines involved brought suits totaling some $15,000,000 against the Post Office Department. Last week the Government settled...