Word: settlement
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Dates: during 1960-1969
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...organized labor's aging leaders, there is no tonic like triumph-even if it comes at the cost of the national interest. Thus, at a Chicago meeting of the A.F.L.-C.I.O. executive committee, President George Meany, 72, flourished the inflationary airlines strike settlement as though it were a trophy. That settlement, crowed Meany, splintered for all time the Johnson Administration's 3.2%-a-year wage-price-rise guideposts. Henceforth, he said, the unions will ask "what they are entitled to. And if it's over...
...weeks after it began, the biggest and costliest strike in U.S. airline history ended last week with a labor triumph. The 35,400 striking members of the International Association of Machinists not only slapped down Lyndon Johnson's personal efforts at peacemaking, but won a settlement so lavish as to threaten the whole economy with a major round of wage-price inflation...
...work at five airlines that normally carry 60% of the nation's air traffic. That 4.97%-a-year boost shattered what little was left of the President's 3.2%-a-year guideposts for restraining wage and price increases in the inflation-threatened U.S. economy. More ominously, the settlement opened wide the gate for other unions with 2,250,000 workers, including those in such key industries as electrical equipment, autos, trucking, clothing and rubber, to demand and get as good or better gains in contract negotiations scheduled between...
Dillying & Dallying. The final settlement, accepted by a vote of 17,727 to 8,235, is retroactive to Jan. 1, gives the machinists a three-stage pay hike that will lift the earnings of the top-rated mechanics from $3.52 an hour to $4.08 an hour by May 1, 1968. The pact also boosts holiday pay from double time to double time and a half, calls for 50-an-hour company contributions (up to $2 a week) toward health and welfare plans, provides the union with what the airlines fought longest and hardest to avoid: an automatic further pay increase...
...point, President Johnson himself practically dictated a settlement-only to see it overwhelmingly voted down by the machinists. Then Congress tentatively got into the act; Oregon's maverick Democratic Senator Wayne Morse, who had headed a presidential panel that recommended one rejected settlement, led the way in introducing legislation that might end the strike by legal fiat. Union President Roy Siemiller, insisting that he could not engage in collective bargaining while a congressional club was being held over his head, merely used the proposed legislation as an excuse for walking away from negotiations. Last week, after...