Word: funds
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Dates: during 1940-1949
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Meanwhile, the cut in the work week had cut coal production from 11,000,000 to 8,000,000 tons a week, reducing the income of the Fund by $600,000 weekly. The mine operators claimed that the income had dropped to $7,000,000 a month, while pensions and benefits were being distributed at an $11,000,000 monthly rate...
...September 16, the capital of the Fund had dropped to $14,000,000, and it was forced to suspend all payments. Three days later, the nation's 480,000 hard and soft coal miners left the pits in what the UMW called a "spontaneous" walkout. The immediate reason given for the walkout was the default on fund payments by the Southern operators and the new slogan, "no welfare, no work," was conceived. The walkout, however, included the Northern and Western mines which sent their regular monthly payment of $3,000,000 to the Fund on September...
...strike was 100 per cent effective among Lewis's miners, and there were some instances of violence at non-union mines which continued their operations. The anthracite welfare fund, administered separately, had to suspend payments on September 30, since its reserves were dwindling...
Houghteling tried to defend his as yet untried motion, which was designed to bring more money this year to the Council's charities and service fund by the easy payment plan. He pleaded against the "hasty action" of the group...
...sources of all-over University income were as follows: tuition and other student income, 42 per cent; fund income used during the year, 24 per cent; and gifts, 12 per cent...