Word: fairless
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...Conferred with U.S. Steel President Benjamin F. Fairless and C.I.O. President Philip Murray in an attempt to break the Nation's strike jam (see Labor...
...steel crisis, the U.S. had hoped, as usual, that someone would give in. The C.I.O. steel workers, stubbornly demanding a $2 a day raise, would not. Big Steel's Ben Fairless said flatly: there can be no bargaining until OPA boosts steel prices. Last week, OPA also refused to yield. Said OPA Boss Chester Bowles: there is no need for an increase in steel prices at this time...
...letter of regret, U.S. Steel President Benjamin F. Fairless made it plain why Big Steel 'was abandoning the war baby it had built for the Government in 1941. Prime reason was a provision in the Surplus Property Act which provides that Government metals plants costing more than $5,000,000 may not be lease;! for more than five years, nor leased with an option to buy. A five-year lease was not good enough for U.S. Steel for two reasons: 1) Geneva is still an unsettled financial property-to make Geneva a postwar moneymaker will take about $70 million...
...Steelman Fairless then made a counteroffer. U.S. Steel would be more than happy, he said, to buy a "substantial amount" of hot rolled coils from the future operators of Geneva, whoever they might be. "Such an arrangement," said Fairless, "should contribute toward the successful operation of that plant...
...offer to talk turkey came from Big Steel's President, Benjamin F. Fairless, as Western steel users prepared to meet this week in Salt Lake City to discuss the postwar fate of Western steel. In letting out the news, Fairless gave them a surprising new item to chew over. Big Steel, he said, is also ready to dicker with DPC to buy or lease the $110,000,000 steel plant at Fontana, Calif., built and operated by Shipbuilder Henry J. Kaiser...