Word: costs
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Dates: during 1940-1949
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...main Communist platforms is to make the cost of running our government top-heavy. One of these methods is by costly welfare programs...
...basic industry like steel, Fairless declared, would set a pattern which would undermine the theory of all the hundreds of contributory plans in the U.S. Furthermore, a national pattern of noncontributory programs "would be a fourth round of employee benefits dressed in different clothes." Such a program would cost the steel industry about $200 million a year and would lift the cost of steel, Fairless added significantly, as much...
Question of Precedent. Although it was obviously true that pensions would cost the steelmen money, the fact finders had agreed among themselves that steel's profits were large enough to absorb the full cost of the pension and welfare plans. Nevertheless, Steelman Fairless was on firm ground when he insisted that this was a matter to be thrashed out at the bargaining table. That was a part of the original agreement...
...entirely by management would set a precedent, Ben Fairless was not on firm ground. Murray's union already had a number of noncontributory contracts among some 400 pension and insurance agreements with the steel industry and metal fabricators. Bethlehem Steel and Jones & Laughlin had been paying the full cost of pension plans for more than 20 years. Fairless' U.S. Steel itself had been an important party to the royalty-pension contract which operators of soft-coal mines had signed with John Lewis (see below). A steel spokesman said: "The Government forced that down our throats." Nevertheless, there...
...internal value" of the pound would be untouched-it would buy just as much as before of products made at home, or of imports from sterling areas. Imports from dollar areas would cost more-most importantly, wheat from North America. Since the British government could afford no added food subsidies, consumers would pay the difference. Within a fortnight the price of bread would go up from 4? pence to sixpence. Experts predicted that the British cost of living would rise 5% in a few months...