Word: lowering
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Dates: during 1940-1949
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...down from the mount with a warning to both management and labor. It warned industry that it had no right to use up and then discard the human components of its structure. It warned the nation's steelmakers that excessive profits from production should be equitably shared through lower prices. At the same time, it sounded an implicit warning to labor that benefits cannot be won at the expense of industry's good health. In other words, the board seemed to be saying that labor's old war cry, "We want more," could lead sooner or later...
...while turning down Murray's demands for a 12½?-an-hour wage hike, the board also took dead aim on the steelmakers. Their modernization program, when complete, should result in higher profits. If these profits were not passed along to the consumer "in the form of lower prices," said the board, then labor would be justified in trying again for higher wages...
...parliament's upper house, the Bundesrat, met first. In a simple 28-minute session the deputies, who are chosen by the state legislatures, elected as chamber president Christian Democrat Karl Arnold, Minister President of North Rhine-Westphalia. When the lower house, the Bundestag, with 402 deputies elected by the people, convened in the afternoon, the drama of free-speech government began. Little Paul Löbe, who had been president of the Reichstag until Göring took over in 1932, was temporary president because, nearing 74, he was the oldest delegate in the house...
...episode pointed up the fact that the five-percent investigation was far from being a Teapot Dome. It was much lower-grade stuff-a record of bumbling, chiseling, and shabby wirepulling. Blundering, clownish Harry Vaughan was no credit to his uniform or his position, but nobody had proved him a crook. And with that, the investigating committee adjourned for at least a month...
Last May 17,000 police made an exhaustive beat of Giuliano's mountain hideout. He slipped through the net (rumor said by joining a bicycle race that was passing through the area) and took a lonesome vacation in the mountain villages on the lower slopes, near Palermo. Police had already arrested his sisters Mariannina and Giuseppina; his mother is locked up on charges of extortion. The dragnet picked up several of his aides...