Word: putnam
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Dates: during 1950-1959
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Murray's threat came soon after Washington had trumpeted its intention to stand fast. New Economic Stabilizer Roger L. Putnam told the Steelworkers last week that the Wage Stabilization Board's present formula would not be altered to suit their convenience; under this formula the workers might get a 5?-to 13?-an-hour increase (over their present average rate of $1.79 an hour). More emphatically, Putnam told U.S. Steel's President Ben Fairless that ceiling prices on steel would not be raised to offset the cost of wage increases. Said he: "You are bargaining with your...
Nominated last week by President Truman to succeed Eric Johnston as boss of the Economic Stabilization Agency: Roger Lowell Putnam...
...London, Conn. shipbuilder. Came out of World War I a Navy lieutenant, j.g. (served on the U.S.S. Mississippi). In 1919 went to Springfield, Mass. as a salesman for the Package Machinery Co. Became president eight years later. During the Depression, when many firms laid off men, Putnam's poured in money to develop new machinery, kept employment at a high level by going on a five-day week, pioneered profit-sharing, life-insurance and wage-bonus plans. He is comfortably wealthy...
Politics: Formerly a Republican, he voted for F.D.R. in 1932, has been a "consistent liberal Democrat" ever since. Elected mayor of Springfield in 1937. Re-elected mayor twice (1939, 1941). Ran for governor in 1942, but lost to Leverett Saltonstall. Putnam is almost unknown in Washington...
...Young Republicans are doing similar work in their district, comprising the area from the Freshman Union to Putnam Square. Members of the Group are now canvassing all the registered voters in their precinct, and will take charge of poll-watching and checking...