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WASHINGTON, May 5--President Eisenhower cautioned the steel industry and its workers today that "the United States cannot stand still and do nothing" if they push wages and prices upward in an inflationary spiral...

Author: By The ASSOCIATED Press, | Title: President Warns Steel Industry Against Spiraling Wages, Prices; Truman Asks More Foreign Aid | 5/6/1959 | See Source »

...payrolls, even though only half as many men may actually be needed to tend the new equipment. Union "make-work" practices such as "bogus"-the needless resetting of ads originally received in mat or plate form-waste millions of dollars a year. And labor costs have maintained a consistent spiral: in New York a Linotypist's wage has climbed from $77.70 in 1945 to $128 a week-and the International Typographical Union is currently demanding $30 a week more...

Author: /time Magazine | Title: The Press: The Claw | 5/4/1959 | See Source »

...Since January the Steelworkers have been running weekly newspaper advertisements touting the national economic benefits that would flow from an "Extra Billion Dollars" in Steelworkers' hands.) Big wage or fringe-benefit boosts in steel, with or without a strike, might well touch off a new wage-price spiral. Against that threat President Eisenhower gave stern warning at his news conference last week. "Here is a place where labor and management must show statesmanship," said the President, making an almost unprecedented statement on labor-management negotiations specifically impending. The "measure of their statesmanship" will be to see that steel prices...

Author: /time Magazine | Title: THE ECONOMY: Threat to Health | 4/6/1959 | See Source »

...palatability with a minimum of food shrinkage. The less the shrinkage, the less food needed for preparation. In addition, all purchasing for the kitchens is now handled through competitive bidding, which has brought a reduction in delivered prices. Both these moves aim at cutting down or minimizing the cost spiral in which the Dining Hall Department is trapped...

Author: By Daniel N. Flickinger, | Title: Dining Hall Department Faces Price Squeeze | 3/20/1959 | See Source »

...Steche's next step was to make an artificial bee of wood, mount it on the end of a 5-in. spiral of wire attached to an oscillator. He sticks the model, faintly perfumed with lavender, through a hole in a glass-walled hive and lets the oscillator wiggle it. The bees crowd around and observe. As soon as they get the message, they swarm out and unerringly fly to the lavender-flavored sugar water that has been placed to reward them...

Author: /time Magazine | Title: Science: How to Talk to a Bee | 2/9/1959 | See Source »

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