Word: mutuals
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Dates: during 1950-1959
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...cooperation. New ideas and findings are interchanged within our own laboratories, among our printing and paper suppliers and throughout the entire industry. More than a thousand visitors a year from the graphic arts call at Springdale, some to see work in progress, others to ask questions and discuss mutual problems. "Anyone who taps on our door gets in−they all bring us ideas," says Research Director Roswell ("Bud") Fisher...
...competitive U.S. economy over the past four years, most of the old labor-management clichés have gone out the window. Labor and management still argue and labor still strikes, but enlightened leaders on both sides know more specifically than ever before that they have a mutual stake in the general economy. Moreover, the economy is strong enough to stand a strike−even in steeland with Government playing it strictly hands off, both sides must coldly face the results of a strike on profits and incomes. The pressures are new and different. Industry must keep up its earnings...
Philip Murray, McDonald's predecessor as the Steelworkers' president, always geared his thinking to the inevitable strike, as a Washington labor specialist points out, but McDonald always thinks ahead to the inevitable settlement. Emphasizing the mutual trusteeship of labor and management. McDonald persuaded negotiators to sit around the table to discuss this year's contract−instead of across the table from each other. Then he suggested that the table be taken away altogether so they could just sit around. Even on the eve of the strike, the worst thunderbolt that McDonald could think of to hurl...
...Daniel Douady, the government's director of school and university health, "but who knows how many mentally ill are walking about? In a few years mental illness will clearly be problem No. 1−if it isn't already." Adds Jacques A. Gau, president of the National Mutual of the Students of France: "Three-quarters of the students who consult our doctors complain of anxiety, though they usually don't know precisely what the trouble is. And of the remaining 25%, many get social security benefits for other complaints, but their real trouble is mental...
...National Association of Security Dealers and various mutual funds are also opposed. Both groups ask that if life-insurance companies are to compete with them for stock-market investors, they be subject also to the same SEC rules and regulations. The thought of this gives some old-line insurance men the shivers; they see SEC regulation as the first step in eventual total federal regulation of the life-insurance business...