Word: girdlers
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...Steel's most ambitious radio venture. In the broadcasts, products like Cop-R-Loy pipe and Ductillite tin plate get a mention, but the main idea is to make the U. S.' public pals with Wheeling Steel. A far more ingratiating ambassador for Little Steel than Tom Girdler, the Wheeling Steel half-hour is also an economical adventure in employe participation. The employes boom the company's products and hence help along their own prosperity But judged by other half-hour musical shows, many of which cost as much as $15,000 a week, Wheeling Steel gets...
...reads the heart of the Sherman Anti-Trust Act which was passed by Congress in 1890 to bust trusts. After 49 years U. S. employers are finding that it may perhaps be used to bust unions. Following the lead of Philadelphia's Apex Hosiery Co., last week Tom Girdler's Republic Steel Corp. sued John Lewis, C. I. O. and its steel unions and nearly 700 individual strikers for $7,500,000 under the Sherman Act and the related Clayton...
...last April when Apex won its verdict for $711,000 in triple damages against Branch 1 of C. I. O.'s American Federation of Hosiery Workers (TIME, April 10). The Apex strike was a sitdown, which the U. S. Supreme Court has declared illegal. If suits like Tom Girdler's can extend the anti-trust laws to cover other strikes (which are legal in principle) Labor will have suffered a blow, all but undoing such pro-Labor legislation as the Wagner Act. Last week in appealing the Apex verdict, a union attorney announced that the U. S. Department...
...stockmarket did not heed the men who know most about the steel industry. In Manhattan the American Iron & Steel Institute held its annual meeting and tough Tom Girdler, head of Republic Steel -dressed up for the evening in a white tie and tails, as he handed over the presidency of the Institute to his successor, shrewd E. T. Weir, head of National Steel -said bitterly...
...stock quotations on a Hitler-speech day. The independents (staying in the black) offered to lay steel down in Detroit for $8 a ton less than the U. S. Steel Corporation, and the U. S. Steel Corporation (going into the red) met the cut. Little Steel's Girdler and Big Steel's Stettinius traded punches till both were sorry...