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Bent on the quest for peace, the President is in a conciliatory mood on domestic issues, eager to avoid battles with the Democratic majorities in Congress. Despite the 116-day steel strike that was halted only by an 80-day Taft-Hartley in junction (due to run out late this month), the President had not decided on the need for additional labor legislation. Even with the $7 billion-a-year farm scandal confronting him as a conspicuous failure of his Administration, Ike was not planning to offer any bold new program for coping with it. "Let the Democrats come forward...

Author: /time Magazine | Title: THE CONGRESS: Program: Peace & Balance | 1/11/1960 | See Source »

...WILL SUPPORT MY UNION, proclaimed red and white buttons displayed by workers in steel mills across the U.S. last week. It seemed certain that when the 600,000 United Steelworkers vote in a Taft-Hartley election a fortnight hence on whether to accept management's "last offer," the answer will be an overwhelming no. Steelworkers are in wide agreement with the union contention that steel management, in its demand for the right to change plant work practices, is out to bust the union. "We can't go against our union," explained Andrew Szocka, electrician at the U.S. Steel...

Author: /time Magazine | Title: THE ECONOMY: We Got to Back It Up | 1/4/1960 | See Source »

...mere gesture). He sent his lawyers into the U.S. district court in Pittsburgh to seek rulings requiring the industry to 1) grant an immediate 4?-an-hour cost-of-living increase, and 2) make the final package retroactive to Nov. 7, the day the 80-day Taft-Hartley injunction sent the workers back to the mills...

Author: /time Magazine | Title: THE ECONOMY: We Got to Back It Up | 1/4/1960 | See Source »

This week the presidential Taft-Hartley fact-finding board, headed by Mediator George William Taylor, will receive from the steel companies the offer that the workers will vote on in company-by-company, secret-ballot referendums. The offer: a three-year wage-and fringe-benefit package that, as the industry reckons it, would increase labor costs by 2.7% a year, or about 30? an hour over three years (present steel wages average $3.10 an hour, plus fringe benefits). According to Labor Department figures, 2.7% has been just about the average yearly increase in steel-industry productivity (output per manhour) since...

Author: /time Magazine | Title: THE ECONOMY: We Got to Back It Up | 1/4/1960 | See Source »

Noninflationary Settlement. And when the workers overwhelmingly reject the offer, what then? Chances are that with the Taft-Hartley injunction running out on Jan. 26, leaving the union free to resume the strike (which ran a record 116 days before the injunction), the Administration will demand third-party arbitration, and the industry will accept...

Author: /time Magazine | Title: THE ECONOMY: We Got to Back It Up | 1/4/1960 | See Source »

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