Word: reuthers
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...corporations, and not even Nathan would claim that all of them showed a profit. But his report was enough to make them all targets of labor's new drive. C.I.O. leaders denied this, but the report was hardly out when the U.A.W.'s peppery redhead, Walter Reuther, announced a drive for a 23½?-an-hour wage rise in the automotive industry...
...auto industry is just beginning to see daylight. Even after tax credits, the automobile industry showed a net loss of $5.49 million during the first nine months of 1946. But Reuther justified his demands on the basis of his own calculations as to 1947 prospects...
...judgment, will certainly raise prices if it has to raise wages. Even as the C.I.O. got ready to swing the Nathan club, General Motors' President C. E. Wilson stated flatly that price rises would follow wage rises as night follows day. Whether the policy was stupid, as Reuther declared, this was the reality, and responsible labor leaders had to reckon with...
...labor leaders will be willing to settle for some rises in some plants. Judging by their past records, they will not. Labor leaders, who are a highly competitive lot, insist that wage rises be industry-wide and, in the long run, industries-wide. It is significant that this week Reuther, Phil Murray, the boss of C.I.O. and of the steel workers, and the bosses of the electrical workers sat down together in Pittsburgh to plan a common strategy and a united attack...
Murray and Reuther, at least, do not want to strike. They recognize the disastrous possibilities of another series of work stoppages such as shook the economy last year. But they are in this thing up to their necks. The strike is virtually their only weapon and, if they insist on getting what they are now demanding, they might ultimately have to resort...