Word: seaway
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Dates: during 1960-1969
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Encouraged by the favorable reactions to his European trip last winter, Richard Nixon has been eager to embark on another venture in person-to-person diplomacy. Last week he flew to Canada to celebrate the tenth anniversary of the St. Lawrence Seaway with Canadian Prime Minister Pierre Elliott Trudeau, and the only real question was where he would go next. The answer: Nearly everywhere. Late this month, the White House announced, Nixon will begin an approximately eleven-day trip around the world that will take him to five Asian countries and the Eastern European state of Rumania -marking the first...
...strikes go, it was a midget involving a mere 1,250 workers. In terms of damage, it could turn out to be mammoth. With the St. Lawrence Seaway closed by a labor dispute for the first time in its nine-year life, growing economic dislocations last week rippled across eight U.S. states and much of Canada...
Persistent Deadlock. The striking members of the Canadian Brotherhood of Railway, Transport and General Workers left their jobs June 21, demanding an 18% pay increase spread over two years. Backed by a federal conciliation board, Canada's St. Lawrence Seaway Authority offered a 12% raise, to an average $3.48 (Canadian) an hour. At the first negotiations since the walk-out began, the union cut its demand to 15%, but the deadlock persisted. Ottawa fears that a big settlement could set off inflationary wage increases, as happened after the seaway workers won a two-year, 30% pay boost...
...strike continues for as long as a month, its impact is expected to grow severe, especially north of the border. The seaway is the vital artery for Canadian grain exports, for shipment of Nova Scotia coal to Ontario electric plants, for the flow of iron ore to U.S. mills from Labrador and Quebec. Employers and union officials predict that a prolonged tie-up would idle at least 5,000 seamen, plus another 10,000 dockworkers at Great Lakes ports...
Cutting the Heart. Port authorities are even more concerned that the dispute will cause a permanent loss of seaway traffic. "The strike has cut the heart out of the seaway season," says Captain John J. Manley, Chicago port director, who estimates that 750,000 tons of cargo will be diverted to East Coast ports by this week. Such losses could saddle U.S. and Canadian taxpayers with extra burdens. Seaway traffic has lagged so far behind expectations that the $460 million U.S.-Canadian project is still losing money. The seaway has failed to generate enough revenue to retire its bonds...