Word: m
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Dates: during 1950-1959
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Management's tough stand was no idle pose. Big Steel, led by U.S. Steel Corp.'s Board Chairman Roger M. Blough, was bent on halting steel's relentles's postwar trend: ever higher wages, ever higher prices-both up about 150% since 1945. With U.S.-made steel all but priced out of foreign markets and losing domestic markets to low-cost foreign steel (TIME. July 20), the steel industry finally decided to hold out against a wage boost unless the union conceded management more freedom to trim costs by cutting down on "featherbedding and loafing...
...will not propose the reorganization in time to do himself any good. Said he: "I'm not going to put it before the Congress until the final session when I'm here, because I am not going to do it with any thought that it is I who will profit...
This campaign of intimidation ran for only a few days before Arizona's Stewart Udall, Democratic leader of the swing group, told Zagri off. "You've got a nerve to go calling my state and telling people I'm voting wrong," he snapped. Zagri brazened it out: ''I'm going to get you in line." Udall exploded as never before in Congress, raked Zagri over until the lobbyist obsequiously agreed that he had voted right. Another Congressman was treated to anonymous threats ("We're going to fix you") on his home and office...
...that the Byrd forces could throw against him. Byrd and Son Harry Jr., 44-year-old state senator, personally made calls and wrote letters for the candidacy of their cousin, Marshall J. Beverley, whose savage (for Virginia) campaign was managed by Harry Jr.'s brother-in-law, James M. Thomson. Almond maintained the fiction that he was not involved in the campaign, but managed to make it apparent where he stood. Boothe beat Beverley by nearly...
...m a furniture mover from Bender Moving & Storage Co. . . . Sponge, please...