Word: forded
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Dates: during 1960-1969
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Among the writers who have written exclusive articles for the magazine in the past are Richard M. Nixon; Hubert H. Humphrey; George P. Baker, Dean of Harvard Business School; Dr. Fritz Machlup, Professor of International Finance at Princeton; Marshall I. Goldman of the Russian Research Center at Harvard; Henry ford; William Buckley Jr.; Ralph Nader and Drew Pearson...
...weeks, all 23 Ford plants in Britain have been paralyzed. Every day, the company has lost almost $5,000,000 in production and Britain has lost about $2,400,000 in exports. Britain can ill afford the drain, especially since its trade deficit widened from $214 million in January to $338 million in February. Ford assembly lines in West Germany and Belgium are also pinched. The lack of British-made components has turned production schedules upside down. Ford executives have hinted that they may drop their expansion plans in Britain and divert some of their operations to calmer shores...
...Matter of Honor. The row was started by a contract offer that included wage increases averaging 81%, holiday bonuses and a guaranteed annual wage in return for no wildcat strikes. Leaders from all 16 Ford unions approved, and the committee's chairman called the deal "bold and imaginative." Similar sentiments were voiced by Barbara Castle, Minister of Employment and Productivity, who has been pressing for a major labor reform, chiefly through sharp restrictions on wildcat strikes (TIME...
...union shop stewards, fearing that their power over "the lads on the floor" might slip if they could no longer call wildcat walkouts, ordered a strike of the 46,500 workers. Then leaders of the two top unions reversed themselves and fell into step with the shop stewards. Ford appealed to the courts, but in vain. As the judge said, labor contracts in Britain are "binding only in honor...
...penalty clauses" and asked for additional pay increases. At week's end, negotiations had produced proposals acceptable to three of the unions, the company and the government-a development that could end the strike quickly. In Parliament, Mrs. Castle said: "Some industries are getting near anarchy today." British Ford's negotiators confessed that they felt like characters in Alice in Wonderland. They could hardly overstate the absurdity of bargaining with scores of union leaders who do not have to consult their membership either before or after an agreement and who are often out of touch with the people...