Word: forded
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Dates: during 1960-1969
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...part, Reuther insisted that wages must "reflect productivity," refused to budge on his money demands unless Ford agreed to turn over to him its figures on output per man-hour. It was largely Reuther's desire to get this information that inspired him to make an eleventh-hour appeal to submit the dispute to arbitration. A three-man panel, Reuther suggested, would impose a binding settlement after taking into account "productivity and profitability," as well as "the equity received by Ford executives and stockholders." Dismissing such considerations as "beyond the scope of collective bargaining," Chief Ford Negotiator Malcolm Denise...
...seniority rights and normal grievance arbitration procedures. Beyond that, by making the U.A.W.'s constitutional ban against wildcat strikes inoperative, the contract expirations will no doubt encourage union militants to stage local walkouts. Any production curtailment at G.M. or Chrysler would ease one of the main pressures on Ford to come to terms...
...labor strife seems uncomfortably far off, one reason being that the union, as G.M.'s Seaton complains, has yet "to put priorities on its mountain of demands." Besides his wage demands, Reuther has raised such sticky issues as a "guaranteed annual income." And even when a settlement with Ford is finally achieved, the U.A.W. will have to deal with Chrysler and G.M.-where strikes could also develop, if not over national issues, then over almost countless local problems...
...U.A.W. has a strike fund amounting to $67 million, enough to keep its Ford workers on benefits (up to $30 a week for a married man with children) for more than three months. Faced with that drain on its treasury, the union is preparing to raise strike assessments for workers still on the job from $1.25 to as much as $21 a month. As for Ford, sale of its 1968 models is scheduled to begin Sept. 22, and the 90,000 cars already in dealers' hands should last for three weeks after that...
Such assurances notwithstanding, many of the 7,000 firms that supply Ford with parts and material are sure to be hurt; a few started laying off workers within hours after the strike began. The biggest burden, of course, will fall on the principals themselves. The U.A.W., warned Walter Reuther, "will be tested as it has never been tested before." Proclaimed Henry Ford II, chairman of the shut-down auto company: "The strike will be costly. But the effects of an unsound settlement would be far more pervasive, longer lasting and, in the final analysis, even more costly...