Word: reuthers
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...morning of the 100th day when the name-calling and table-pounding died away in Detroit's Sheraton Hotel. It should have been a time for rejoicing, for Walter Reuther's C.I.O. United Automobile Workers and the Chrysler Corp. had finally settled the second longest and the second costliest strike in the U.S. automotive industry.* But everyone was still too mad to cheer...
...strike stretched out. In March, while workers walked the streets, Chrysler offered to deposit $30 million against payment of pensions as they came due. Reuther turned the offer down, arguing with some point that the proposition was not on a sound actuarial basis, and furthermore was not a 10? package. Then early this month he abruptly dropped his 10?-an-hour demand, offered to settle if Chrysler would establish a pension trust fund that was actuarially sound. After thinking it over, Chrysler agreed to the new terms. Everyone expected peace...
...peace was a pea under Reuther's walnut shells. Quicker than the eye, Reuther switched the pea. He announced that though Chrysler's new pension offer was good (he actually had won what he asked for), other benefits were inadequate. What Reuther's statisticians had discovered was that the cost to Chrysler for such pensions would be less per man per hour than the cost to Ford, because Ford workers are generally older and have had more years of service. Even though he had got his trust fund, Reuther was determined to make Chrysler cough...
...working days that had been lost, Chrysler employees had lost more than $72 million, an average of $809 a man. Chrysler had lost the profits on almost 500,000 autos that were never made. And Chrysler dealers had lost an average of almost $18,500 per man in Walter Reuther's shell game...
...present "a variety of opinions consistent with our democratic policy." As a result, its pages have glittered with articles by such big names as Philosophers John Dewey and Bertrand Russell, Novelists George Orwell and Arthur Koestler, Poet Carl Sandburg, Politicos Herbert Morrison and Leon Blum, Labor Leaders Walter Reuther and James Carey, and a host of others...