Word: contractive
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Dates: during 1950-1959
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...Kansas' District Judge Beryl R. Johnson, speaking in Topeka: "As we climb the summit to confer, we must be mindful that the leaders who have described their dictatorship as a 'domination of the proletariat over the bourgeois,' have little regard for the sanctity of contract and do not believe that people have certain unalienable rights...
Strategy & Strikes. The ill wind has blown some good for the automakers. In labor relations, they have fewer problems than they had expected this year. At the start of negotiations for a new contract last month, Walter Reuther's United Auto Workers asked for a 35?-45?-an-hour wage package and tried a familiar whipsaw strategy to get it. The U.A.W. fired off contract termination notices to Ford and Chrysler but not to G.M., obviously hoped to force the two smaller companies to settle, then use the settlements to pressure G.M. into line. But when the industry formed...
What the automen offered instead was a two-year extension of the current contract, which would include an automatic annual wage boost of 7? an hour. Then, to emphasize its solidarity with the other companies and prevent whipsawing, G.M. pulled a surprise. It canceled its contract as of May 29. The move astounded and infuriated the U.A.W., which is now faced with an industry-wide shutdown if it strikes one of the companies, since all can refuse to operate without contracts. Roared Reuther: "They can't make us strike. We are not going to accommodate the industry by striking...
...obstacle is that the U.S. has contracted to pay steep royalties to Freeport Sulphur Co. for the ore that the plant uses, is even now battling to renegotiate the contract and slash the royalties. Few companies are willing to bid on the plant until peace is declared and a steady stream of ore is guaranteed at a good price...
Last year Freeport offered to cut the price to $1.24 if the Government would sign an irrevocable contract to buy at least two-thirds of its Nicaro ore needs from Freeport through 1978. General Services Administrator Franklin Floete turned down the offer, called on Lawyer Ira D. Beynon, 62, to clean up the Nicaro dispute. Beynon attacked the chore with vigor. Testified Freeport Sulphur's President Langbourne Williams: "Mr. Beynon began to call us names, to threaten us with congressional investigations. He said, 'You reduce [the ore price] or I'll shut this plant down...