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Word: reuthers (lookup in dictionary) (lookup stats)
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...eyed from exhaustion. General Motors' chunky Vice President Louis G. Seaton stomped out of a 14½-hour bargaining session with United Auto Workers President Walter Reuther shortly after one midnight last week and issued a grave statement. For the first time, said Seaton, the nation's biggest manufacturer and its second biggest union would have to work together without a contract because it was "impossible" to agree...

Author: /time Magazine | Title: Business: Deadlock in Detroit | 6/9/1958 | See Source »

Talks broke down in a bitter mood. "The U.A.W. has made no real effort to reach a fair and sound settlement," said Seaton. "Nothing can be accomplished on the 'give-and-take' basis suggested by Mr. Reuther, which he apparently defines as 'all-give' for us and 'all-take...

Author: /time Magazine | Title: Business: Deadlock in Detroit | 6/9/1958 | See Source »

...Replied Reuther: "The company has refused to bargain, to arbitrate, to mediate. The company will get nowhere by the continuation of their nonsense." Then he took a swipe at the automaker's profits: "They have been fleecing the public...

Author: /time Magazine | Title: Business: Deadlock in Detroit | 6/9/1958 | See Source »

...last moment the U.A.W. made some concessions. But G.M. said that Reuther had merely trimmed his package demands "from a fantastic 73? an hour to an exorbitant and highly inflationary 48?." Altogether, G.M. was beset with 9,450 demands from U.A.W. locals-most of which will be settled by local G.M. and union officials. Some of them...

Author: /time Magazine | Title: Business: Deadlock in Detroit | 6/9/1958 | See Source »

...U.A.W. will settle soon for very close to what management offered originally-the extension of current contracts -plus a few face-saving fringes, such as higher and longer supplemental unemployment benefits. Auto workers would get something more than a 9? package v. the 35?-to-45? package that Reuther originally demanded. Such a settlement would be considerable, considering the slump, but less than Reuther has signed for in the past. To date, his most modest settlement was an 11? boost...

Author: /time Magazine | Title: STATE OF BUSINESS: Reuther Retreats | 6/2/1958 | See Source »

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