Word: reuthers
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...auto industry virtually assured itself of three years of labor peace last week. After a quickie (six hours) walkout, Chrysler signed the standard three-year contract with the U.A.W. embodying the Reuther version of the guaranteed annual wage. Like Ford and G.M. before it, Chrysler agreed to establish a fund to guarantee its 139,000 employees 65% of their regular pay for 26 weeks. It also promised minor raises for increases in efficiency and the higher cost of living. Cost to Chrysler: an estimated 20? an hour per employee, about the same as at Ford...
Labor Day Speeches (Mon. 10:30 p.m., CBS). By Labor's George Meany and Walter Reuther...
...wage scale: the Railway Clerks' George Harrison, $60,000 a year; the United Mine Workers' John L. Lewis, $50,000; the Musicians' James Petrillo, $46,000; the Steelworkers' Dave McDonald, $40,000; A.F.L. President George Meany, $35,000; the United Auto Workers' Walter Reuther (who gets no salary as president of the C.I.O...
C.I.O. President Walter Reuther called the new name "a happy solution." But other C.I.O. chiefs felt that it was "a conglomeration that we'll have to live with for at least two years." Almost everyone admitted it would present problems for a union like the International Association of Marble, Slate and Stone Polishers, Rubbers and Sawyers, Tile and Marble Setters Helpers and Terrazzo Helpers American Federation of Labor and Congress of Industrial Organizations...
...congratulate TIME for the article. The dedicated leadership, labor statesmanship and social philosophy of Walter Reuther have endeared him to the rank and file everywhere. By any standard of comparison he is the labor leader of the century...