Word: steel
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Dates: during 1940-1949
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...events of deepest portent reverberated in the news. One was the still undigested fact of Russia's atomic bomb. The other was the shutdown in coal and steel, foundations of the nation's industry and its economic wellbeing. But the U.S., which had often been accused of reacting too violently to disturbing news, seemed to be accepting both events with almost studied indifference...
Beneath the official calm, there were some barely discernible stirrings. Federal Mediator Cyrus Ching called in his assistants for new strategy meetings to see if anything further could be done about the steel strikes. In the State Department, Counselor George Kennan set to work imagining himself in the Kremlin, trying to guess how the new bomb would influence Stalin's thinking and plans. Connecticut's Senator Brien McMahon called AEC officials to closed sessions of his Joint Atomic Energy Committee and talked vaguely of "more bucks" for the nation's atomic program...
...great steel mills lay cool and dead and some 500,000 steelworkers hit the streets. Another 500,000 would be called out of steel-fabricating plants the minute Philip Murray thought the right strategic moment had come. In a slower, creeping fashion-if the shutdown lengthened-unemployment would spread to railroads, auto plants, thousands of steel-dependent factories. In the wink of an eye last week, the nation's economic backbone was paralyzed by the first industry-wide steel strike since the walkout...
Depressing Aspect. The principle, as U.S. Steel's Ben Fairless saw it, was that U.S. workers should contribute something to their own security and welfare. In the end he had accepted the presidential fact-finding board's recommendations to this extent: he had offered a 10?-an-hour welfare package to the steelworkers' union...
Alumni have accounted for end zone seats in the concrete stands, while more than enough mail orders have been received to sell out the steel grandstand. Varsity Club men account for remaining Harvard side pasteboards...