Word: evens
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Dates: during 1950-1959
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...Even conservative economists now expect that-barring a steel strike more than six weeks long-the economy will roll steadily on to $490 billion in the current quarter. Then only a few weeks will separate it from the half-trillion-dollar threshold. At that rate of growth, the U.S. economy will hit the $750 billion mark before...
...middle of a strike for higher wages. Said an officer of U.S. Steel, the industry's leader: "Our earnings are pretty large. I guess they could come out at a better time. But we are taking it like good sports, proud to have done so well. Even after wage-cost push, depreciation, wasteful practices and such, we still have an awfully big hunk of dough left over...
...wages coming to them from work done in the last days before the strike, management explained that payroll clerks were also on strike. Other strikers lined up to collect up to a fortnight's back pay. But every week, workers lost more than $50 million in wages. Even if they win a 10? hourly wage hike, it will take them close to six months to make up for one week's lost wage...
...already a mentholated success, was so affected by the sight of all this clamoring at his door that he took a drastic step for the head of a billion-dollar hierarchy. He insisted on answering his own telephone, gave battle orders that he wants to be flashed personally by even the lowliest Reynolds salesman on every development on the cigarette front...
Peking has become so disturbed by this turn of events that the Peking Daily Worker complained that " 'more' and 'quick' are stressed, but 'good' and 'economical' are ignored" in Chinese industry, even suggested that "individually run enterprises" might be set up side-by-side with state enterprises. To woo back disillusioned businessmen, the Red Bank of China has taken the unprecedented step of accepting claims by traders seeking damages for substandard exports. So far, the Bank has seen fit to rule in the trader's favor only a few times...