Word: laborings
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Dates: during 1950-1959
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Lawyer's fees and payment of debts have cost him $750,000, Beck last week told Seattle Times veteran Labor Reporter Ed Guthman, "but my net worth is closer to $1,000,000 than it is to $300,000." Apart from his $50,000 annual pension from the Teamsters, Beck's income depends on a flourishing real estate business, which he conducts from the basement of the big, rambling Seattle home that he built with Teamster funds (later returned) and sold to the Teamsters Union for $163,000 ("I get by fine and dandy there...
...Envy Tactic." As events were quick to prove, one man's mudslinging is another man's honest examination of the issues. Launching Labor's manifesto, Britain Belongs to You, at a televised press conference, Gaitskell confirmed Tory predictions that Labor's campaign weapon would be "the envy tactic," although Gaitskell obviously did not use the term. The ordinary Briton may be better off these days, conceded the Labor manifesto, but "the contrast between the extremes of wealth and poverty is sharper now" than when the Conservatives took power eight years ago. To remedy this state...
...Britain's major parties were flexing their muscles for the march to the polls on Oct. 8. With the immemorial piety of the ins, Tory Party Chairman Lord Hailsham earnestly proclaimed: "I repudiate mudslinging and hope that neither party will indulge in it." Dutifully echoing this sentiment, Labor Party Leader Hugh Gaitskell nonetheless could not resist the opportunity for a gibe at Hailshau:. "Any repentant sinner," said Gaitskell, "is always welcome...
Obviously convinced that there is no longer any electoral mileage in nationalization of industry, Labor's planners said almost in passing that they would renationalize steel and road transport (denationalized by the Tories since 1951), and let it go at that. But Gaitskell obviously hoped to make big campaign capital of Labor's promise of an immediate 20% boost in old-age pensions, and other welfare benefits, all to be paid for by "planned expansion" that would also get Britain back into "the race for higher productivity among industrial nations...
Prospects are that the strike will continue into October, when steel inventories will become exhausted and the economy will be hard hit by the strike. If this happens, Secretary of Labor James Mitchell said he would recommend that the President invoke the Taft-Hartley Law. Such action would send the Steelworkers back to work for about 80 days, give a fact-finding board time to study the issues and try to persuade both sides to settle. If no settlement is reached during the 80-day cooling off period then the strike would resume...