Word: inlander
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Five months ago, the National Labor Relations Board ordered the Inland Steel Co. to bargain with the C.I.O. United Steel Workers on pensions-provided the union's officers signed non-Communist affidavits...
...ruled 2 to i that the Taft-Hartley Act's requirement for non-Communist affidavits is constitutional. It ruled unanimously that management must bargain on pensions with qualified unions. Even employers who already have pension systems, said the court, will have to consult unions on any changes. Both Inland and the union will appeal to the U.S. Supreme Court...
Humphrey's way is to keep moving. Last week he added a big chunk of new territory to M. A. Hanna's hodgepodge empire. With three of his longtime ore customers (Inland Steel, Armco and Wheeling Steel), Humphrey put together a $15-million syndicate to buy control of Butler Brothers,* which owns five groups of ore mines and large reserves in Minnesota's Mesabi and Cuyuna ranges. Mesabi's high-grade ores are being rapidly depleted, and the deal gave Humphrey's syndicate a fat share of what's left. Butler Brothers annually ships...
...Kansas City manufacturer ships his product to New York for export, the railroads grant him a special low export rate. During the war the nation's biggest export shipper was the Government; but its shipments never carried their foreign destination, and were often held for weeks at inland storage points to prevent port jams. Says the Government: it usually paid the full freight rate. For such "overcharges," Attorney General Tom Clark last week asked the Interstate Commerce Commission to make U.S. railroads refund "between $1 and $3 billion...
H.M.S. Sheffield, flagship of the American Gulf & West Indies Squadron, had just done Britain's honors at the inaugural cf Venezuelan President Rómulo Gallegos. Last week, she lay at anchor off the Colombian coast, while her handsome senior officer, Vice Admiral Sir William Tennant, went inland to pay courtesy calls in Bogota. An urgent order flashed from Whitehall: proceed without delay to British Honduras. Taking Sir William aboard at historic Cartagena, the Sheffield raced northwest for Belize. Over from Jamaica, by a second order, steamed the 9,850-ton cruiser H.M.S. Devonshire with a detachment...