Word: mcdonald
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Dates: during 1950-1959
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What had Democrat Stevenson done to offend? He had aggrieved Democrat McDonald by speaking out forthrightly on the steel strike that had dragged on for 116 days until interrupted by a Taft-Hartley injunction, and that threatens to erupt again when the So-day injunction runs out in late January...
...deep disgust at the "irresponsible use of economic power." But despite public disgust, despite President Eisenhower's stern admonition before he departed for Asia that "America needs a settlement now," despite the danger than an aroused public might prod Congress into passing drastic antistrike legislation, Dave McDonald and the steel industry's negotiator, Conrad Cooper, broke off negotiations at midweek in another display of stubborn disregard for the public interest. McDonald airily demanded that the steel industry return to company-by-company bargaining (the big steel companies set up an industry bargaining committee in 1956), a demand that...
...economy of its operations." Last month the industry eased this demand to a proposal to submit the 2-B issue to a two-man panel (one member chosen by the industry, one by the union) with compulsory arbitration if the panel failed to reach agreement by mid-1960. McDonald refused to consider even this diluted proposal...
...basic 2-B dispute has been befogged by both sides: by McDonald's charges that the steel industry is out to "bust the union," and by the industry's failure to explain its case to the public. But behind the fog, the issues in the steel strike-whether an economy beset by price upcreep will be subjected to another inflationary steel settlement, whether an industry already pressed by foreign competition should accept another upthrust of wage costs, whether collective bargaining is a one-way or a two-way street-still loom in the background, confronting the U.S. Government...
...Last week American Can Co. and Continental Can Co., Big Two of the U.S. can-manufacturing industry (see BUSINESS), signed new threeyear, 28.2?-an-hour-more contracts with Dave McDonald's Steelworkers-and promptly announced that can prices would have...