Word: settlements
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Dates: during 1950-1959
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Khrushchev's argument: the U.S. must accept that fact and concede a "status quo" or "thaw" or "peace." It must close down its worldwide deterrent bases and disarm. It should reap the golden harvest of trade with Communist nations. It should leave to a furious peacetime competition the settlement of the classic feud between Communism and capitalism. Ultimately, he declared cockily, Communism would win anyway...
...Despite the strike's worsening effects, chances for a settlement last week seemed more remote than ever. The steelworkers accepted, but the steel companies turned down, an offer by President Eisenhower to appoint a non-Government fact-finding committee. To aid workers, the U.A.W. sent $1,000,000, and at the biennial A.F.L.-C.I.O. convention in San Francisco the federation urged its 13 million members to give an hour's pay each month to aid the striking steelworkers. If all workers contributed, the strike fund would be an estimated $1,000,000 a day, largest in labor history...
...find" a quick way to settle the nine-week-old shutdown. He was plainly irritated by the fact that both sides were merely going through the motions of negotiating. Demanded the President: "Halfhearted bargaining is not enough. Intensive, uninterrupted, good-faith bargaining with a will to make a responsible settlement is required...
...strongest warning yet, the President specifically urged the two sides to compromise their differences. The American people, said the President, have a right to expect a "measuring up" to joint responsibility by union and management, since a "reasonable basis for a settlement" exists. Wrote the President: "The steelworkers and the steel companies must find that way expeditiously...
...Labor James Mitchell said he would recommend that the President invoke the Taft-Hartley Law. Such action would send the Steelworkers back to work for about 80 days, give a fact-finding board time to study the issues and try to persuade both sides to settle. If no settlement is reached during the 80-day cooling off period then the strike would resume...