Word: contractive
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Dates: during 1950-1959
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...jeopardy from the Communists, he was moving cautiously. At week's end there were many rumors but little evidence of Communist arrests in Syria. He carefully made no mention at all of the even touchier situation created by the Communists in Iraq. Nasser's regime signed a contract with a Soviet delegation in Cairo for the building of Nasser's Aswan high dam, and Nasser's propagandists, covering the boss's anxious retreat, put out the naive-sounding line that Arabs must distinguish sharply between bad local Communists and good Russians. Nothing in the Syrian...
Even the gold-plated A.L.P.A. realized that it had been a grave tactical error to strike at Christmas. Both sides admitted that there had been no outstanding issues between American and the pilots. But American pilots have been flying without a contract for 16 months, and so much bad blood and distrust welled up in the dragged-out negotiations that the American pilots decided to strike at any cost. They had little to lose. A.L.P.A. pays pilots up to $650 a month in strike benefits...
...tactical move. Smith then withdrew his offer to put a third pilot in the jets. Most executives of other airlines oppose the costly third pilot, but know that they will have to go along with it if American finally agrees. Last week the National Mediation Board suggested a new contract that would lift top jet-pilot pay to $28,340 for 85 hours a month in a jet, up from $19,221 for a top DC-7 captain, plus sweeter benefits. American, losing $1,000,000 a day. immediately accepted. At week's end the truculent pilots had still...
WEST GERMAN COMPETITION with U.S. and British firms is growing stiffer in underdeveloped areas. West Germany's latest prize: a $14 million contract to engineer biggest hydroelectric power project in Southeast Asia, a 200,000-kw. job in Malaya's Cameron Highlands...
...workers to develop new skills; the new class of skilled labor has fractured the monolithic front that the mass-production unions once presented to management. To hold the allegiance of skilled workers, unions are revising their organization. The U.A.W. recently amended its constitution to allow skilled workers to veto contract clauses that affect them, took great pains in last summer's contract negotiations to win an extra 8? an hour for them. All of these trends, says the A.F.L.-C.I.O.'s Economic Review, "are producing a virtual revolution in industrial life. These changes are bound to place unions...