Word: logjammed
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...record so far, Congress seemed sadly lacking in both courage and decision. Heading into the last week of the fiscal year, Washington was facing its worst appropriations logjam in years. Of the eleven major money bills which will keep the Federal Government running after June 30, only one had yet passed Harry Truman's desk. It was Congress' own outsize budget for the next fiscal year...
...Breaks. Last week, in the old India Office in London, the logjam broke after ten days of hard-driving pressure, stepped up by the Czech crisis. The Big Three of the West (the U.S., Britain and France) began the conference with a sensible and long-delayed step-admission of the Little Three (Belgium, The Netherlands, Luxemburg). The Benelux countries depend so closely on German industry that they insisted on a settlement. France yielded along the logical lines of compromise. The agreement in principle looks toward a Ruhr that will be politically part of Germany, but an international control...
...agreement broke the logjam that had dammed up collective bargaining in the auto industry's Big Three. Three hours later Chrysler Corp., not wanting Ford to get a competitive jump, signed up with the union too. But the Ford contract was still the big news. Beyond the pay agreement, it had another important provision: the turbulent U.A.W. had agreed to make its unruly members toe the line. What the Ford Motor Co. had won, the others would soon want and probably get. But the troubles of Ford were still far from over...
...farmers want action to win the battle against inflation. They favor controls clear across the board. But action is being held up behind a logjam of unwillingness of each of the great economic groups to accept controls unless at the same time controls are placed on others. Farmers are ready to break...
...without steel managements opening fire on wages? What then of wages generally, and labor peace? Will other prices follow down the price of steel? Can industry afford to buy materials months in advance in the face of threatening inventory losses and production curtailment? How soon will the auto-steel logjam break, so that Detroit can again lead U. S. business to another upturn? And, more philosophically, do price reductions pay when they don't coax new business out of hiding? Meanwhile, the copper industry demonstrated that Henry Ford's low price-big volume doctrine is still worth something...