Word: planned
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Dates: during 1940-1949
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Soon President Truman was throwing bricks at his favorite targets-the 80th Congress, the "privileged few," the "vested interests." He recalled that Minnesota had been carved out of Thomas Jefferson's boldly expensive Louisiana Purchase, which he likened to his own plan of expansion: the Fair Deal. Cried Truman: "There are people who contend that these programs will cost too much, just as the reactionaries in Jefferson's day contended that $15 million was too much to pay for a million square miles of new territory. They were wrong in Jefferson's time, and they...
High Hopes. Thus, with high hopes, the United Steelworkers set out last week to deal with steel companies who, after five strikebound weeks, were making conciliatory sounds. In contrast to the simple 10?-an-hour plan proposed by President Truman's fact-finders and rejected by industry, the new formula required four typewritten pages of "simplified" explanation by the union. The steelworkers would pay some of their wages-2¼? an hour-into the insurance half of the fund, with Bethlehem chipping in another 2½? an hour for each worker. But the company would have...
Right Speed, Right Time. Gustave Marquot considers himself un capitaliste éclairé (an enlightened capitalist). He has set up a profit-sharing plan, health insurance, a pension fund. To combat absenteeism, Marquot has instituted an "assiduity bonus"-each worker gets 150 francs for each two-week period in which he has not been absent from work. There is no union at Marquot's. About 100 of his 400 workers once belonged to the Communist-dominated C.G.T., but the union fell apart six months ago when the secretary found himself unable to collect dues. Workers' gripes...
After studying at Virginia's Union Theological Seminary, he was ordained a Presbyterian minister. Last week Albert Johnstone accepted his first call-to nearby Ashland Presbyterian Church. Said the tall Rev. Mr. Johnstone: "I plan to do the best...
Should pension systems be set up for all U.S. industrial workers? Last week, after a survey of 1,000 industrial executives, Mill & Factory magazine reported that 78% of them would go along with some sort of company pension plan. Only 6% think the company should bear the entire cost. As for federal pensions, 89% would rather install company plans than pay for a major expansion of the Government's Social Security program. Growled One Midwest manufacturer: "Our whole system is degenerating to the point where something for nothing is a fad . . . The mad scramble...