Word: settings
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Dates: during 1950-1959
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Despite a massive exchange of press releases and newspaper ads about the wage package, the real issue was still not wages but the work rules set up twelve years ago by Section 2-B of steel's standard wage contract. Management demanded change because the rules foster "featherbedding and loafing." The management demand solidified union ranks, raised howls that a change would let "stopwatch pirates come into the mills and set speed-up practices." Neither side made a clear case. Steel has no record of flagrant featherbedding; as compared to the same period in 1951, U.S. Steel produced...
INVOKING Taft-Hartley in the dock and steel strikes, President Eisenhower last week set in motion a device which, despite continuing criticism, has had better than fair success over the past twelve years. The law's aim is to ensure production for an 80-day "cooling-off period" in strikes or threatened strikes found to imperil the "national health or safety," thereby giving management and labor a chance to resume negotiations toward a new contract. How it works...
Reginald Maudling, 42, Paymaster General. The youngest member of the Cabinet and the man who managed Britain's luckless attempt to set up a Europe-wide Free Trade Area, Maudling is unflappable and a persuasive speaker, with the gift of making complex topics sound both interesting and simple. But he is regarded by many as incurably lazy-a flaw that limits his hopes. He is discussed for appointment as President of the Board of Trade, or for the proposed Ministry of Science...
...debts within a year, he could not quit. For more than six years he averaged a raid a week, stealing in all some 400 cattle, worth $90,000. Even after giving Mischker his cut, Roden had enough left over to finance his roulette losses and to set up a beauty parlor for his girl friend, Widow Irmgard Wakulenko...
...fill Nehru in on some of the latest developments within the widening circle of the disenchanted: the U.A.R.'s Nasser was furious over Communist China's support of the Syrian Communist Party and its vocal admiration for Iraq's Premier Kassem; Pakistan was fuming over a set of Chinese maps showing some 6,000 square miles of Pakistani territory as part of China. As for Burma, only three years ago Peking had piously assured the Burmese government that there would never be any question about the Burma-China border. But Chinese maps still claimed huge chunks...