Word: mcdonald
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Dates: during 1950-1959
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...quarter." Such profits, he said, must be "the regular order of business" if the industry is to modernize and grow, compete against foreign firms and other materials at home. But the industry's argument did not stem the union's expected attack. Cried Steelworkers Boss David J. McDonald: "The astronomical profit figures completely demolish the excuse the companies have used to force this shutdown. How can they possibly justify a heartless denial of needed benefits to their workers, who have produced this mammoth pile of profits...
Bandit in the House. In Phoenix, Ariz., Mrs. Geraldine McDonald asked police to remove a slot machine from a closet in her home, averred that her children were putting all their allowance money into it, and their stepfather, who owns the machine, refused to give the money back...
...steel companies held fast. Wrote the industry negotiating team to Dave McDonald: "When you are ready to recognize that collective bargaining is a two-way street, then progress will be possible." For a quarter of a century, collective bargaining had been pretty much a one-way street. If the steel industry could make it a two-way street, the steel strike might prove to be the U.S.'s most momentous labor-management clash since the great organizing battles of the 1930s...
Worried Stocks. Complicating the situation. United Steelworkers' President David J. McDonald last week presented union demands to the aluminum industry, whose contracts lapse July 31. Dave McDonald wants the same windfall for his 32,000 aluminum members as for his 500,000 steel-industry members: a three-year contract with a 15? hourly wage-and-benefit boost every year, plus cost-of-living hikes. The U.S. aluminum industry is softer than steel; if management accedes to a neat compromise package-perhaps iof an hour-it might speed a settlement in steel. If not, the aluminum workers may soon join...
...high. Many workers faced out-and-out hardship, but most had a nest egg and meat in the freezer. Workers got one to two weeks' pay before the mills closed (average: $125 a week before deductions ). still have another two to three weeks' vacation wages coming. Dave McDonald halted the pay of 1,000 union officers, including his own $50,000 a year, for the duration of the strike...