Word: reuthers
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...Reuther's Settlement...
...down-one to go. Walter Reuther is keeping the score, and recording it in some of the most generous figures in Detroit's history. By chalking up another victory at Ford last week, Reuther took the contract that he won from Chrysler one step farther toward becoming the labor manifesto of the auto industry. In the worried view of the economists (see following story), he may also have taken the nation another big step toward the revival of inflation...
...settlement, which will cost Ford an estimated 57? an hour for every worker, gives U.A.W. members essentially the same wage and fringe benefits obtained from Chrysler: earlier retirement, increased pensions, continuation of the annual productivity raise and more paid vacation time. In addition, there was, as Reuther phrased it, "attractive chocolate frosting to the happy-birthday cake we got at Chrysler"-a $25 to $100 annual Christmas bonus for Ford's 130,000 hourly-rate employees, probably beginning...
...Walter Reuther informs Rauh of the new administration proposal--the plan eventually approved by the convention. The traditional party will be seated after signing a loyalty oath; 1968 convention rules will prohibit segregation in Democratic Party affairs; Edwin King and Aaron Henry will be seated as delegates at large with a vote apiece. Humphrey confers with Henry and King. Moses asks for time to discuss the compromise with the delegation. His request is refused...
...sees its political influence waning, and is watching with some chagrin as a Democratic President woos businessmen as ardently as he seeks labor's support. On the other hand, few businessmen care to underestimate labor's still considerable power-particularly the power to disrupt. This week Walter Reuther is scheduled to decide whether to take the United Auto Workers out on strike. On his decision depends whether the U.S. economy will be shaken by the effects of the year's first major strike...