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...Unprecedented," said General Motors' jubilant President Charles E. Wilson. It was, agreed the auto workers' President Walter Reuther, "the most significant development in labor relations since the mass-production industries were organized." After eight weeks of negotiation, both sides had come to terms and sprang their surprise in a joint press conference...

Author: /time Magazine | Title: LABOR: Peace Is Profitable | 6/5/1950 | See Source »

...C.I.O. Auto Workers' President Walter Reuther puts the figure much higher. Said he: a $2,089 annual budget (more than to times the average Social Security old-age payment to married men) is the minimum for an elderly couple who are "too old to work and too young...

Author: /time Magazine | Title: National Affairs: OLD AGE PENSIONS | 5/22/1950 | See Source »

...Posing. Hollow-eyed and weary from weeks of bickering, the U.A.W. and Chrysler negotiators pointedly avoided the amenities which usually accompany the end of a labor-management battle. They held separate press conferences to announce the outcome. When photographers pressed Walter Reuther and his aides to pose with Chrysler officials, he angrily dismissed them: "The attitude of the corporation . . . has sunk to a new low. We would not dignify the company by posing with them...

Author: /time Magazine | Title: LABOR: What's There to Celebrate? | 5/15/1950 | See Source »

...U.A.W. had won the benefits it was seeking - $100-a-month pensions (including social security) for workers over 65, improved medical and hospital insurance. Reuther claimed that the union had won the 10?-an-hour in benefits that it sought (it had already won 10? from Ford, hopes to win a better deal from G.M.), but one expert guessed that the same welfare program which costs Ford 10? will cost Chrysler, because of its younger labor force, only six or seven cents. Anyway, said Reuther, Chrysler workers had won a victory in "a great human crusade to build a better...

Author: /time Magazine | Title: LABOR: What's There to Celebrate? | 5/15/1950 | See Source »

...average of $1,038 in lost wages. It cost about 50,000 workers in Chrysler supplier plants nearly $12 million in paychecks, although they were not on strike, and it deprived Chrysler and its dealers of 518,000 new cars and trucks worth more than $1 billion. It cost Reuther, normally one of the adroitest of negotiators and ablest of labor leaders, considerable prestige; there was strong dissatisfaction in his own ranks because of his arbitrary handling of the strike. Chrysler, the toughest major opponent the union faces, had practically refused to bargain whenever Reuther himself was in the room...

Author: /time Magazine | Title: LABOR: What's There to Celebrate? | 5/15/1950 | See Source »

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