Word: lockout
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...Union Pacific Railroad. Almost immediately, the railroads retaliated. The Penn Central, which daily serves nearly 140,000 commuters, announced that it would halt all its operations. The rest of the 128 lines involved in the dispute threatened to follow suit, and the U.S. suddenly faced the first nationwide railroad lockout in its history...
...offending big labor. But neither Congress nor the country is in any mood to tolerate a walkout as damaging as last year's airlines strike. Perhaps sensing this, Johnson said last week that he was renewing his "search for a just and general solution to emergency strike or lockout problems." By the White House clock, the best time for such action seems to be uncomfortably...
...every week of lockout or strike, tax the ultimate victor 10% of the annual value of net concessions won over pre-strike position. Nonpublic-service industries might be allowed a two-week exemption...
...week - with President Johnson tossing out no fewer than three balls at Washington's D.C. Stadium to make it official - the cry of "Strike!" meant considerably more to most Americans than a waist-high pitch right over the plate. It meant wildcat walkouts by Teamsters and a retaliatory lockout by employers that held up two-thirds of the nation's truck-borne freight. It meant Huntley without Brinkley, at least until the 13-day TV-radio strike was settled. It meant the prospect of a newspaperless New York City for the fourth time in four years...
...Tolerable Edge. To Administration officials, 5% settlements are "right at the tolerable edge" as far as their inflationary impact is concerned. Nonetheless, when the Teamsters reportedly won a 5% boost after 1,500 trucking firms halted their three-day lockout, they were not noticeably elated. For three days, Teamsters in Chicago struck for a 90?-an-hour boost instead of an hourly increase in wages and fringes totaling 600 to 700 over a three-year period, as accepted by the national union. In its talks this fall, covering 775,000 workers, the United Auto Workers union is expected...