Word: steel
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Dates: during 1960-1969
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Fringe Trend. What separated the steel negotiators was a matter of roughly 50 an hour for the lifetime of a three-year contract. The United Steelworkers were demanding an increase of 17.9? an hour, or 4% more than the hourly $4.40 in wages and fringe benefits currently earned by the average mill hand. The industry, which started out by offering half the amount sought by the U.S.W., last week came up to some 13? an hour in what Chief Management Negotiator R. Conrad Cooper, 62, called "a last-ditch effort to avoid a steel strike." At the same time, Cooper...
Strike threats and angry words are all part of the traditional game of brinksmanship in steel talks, but the Administration, which had been buoyantly confident that a strike would never come off, was beginning to take them seriously. Lyndon Johnson put the squeeze on the negotiators, reminded them that both sides would suffer black eyes if a strike were called while "our boys are still fighting in South Viet Nam." He telephoned Abel and Cooper separately, told each that he wanted "a decent and responsible settlement." Said Abel: "We too have a responsibility-to our membership." At week...
...workers, figured that the final settlement would probably give the steelworkers an increase of roughly 15? an hour, or 3.4%, slightly higher than the President's 3.2% guideline for noninflationary wage and price increases. Almost certainly, it would also mean a round of rises in the price of steel...
...attained the status of a philosophy in 1951, when the Mutual Security Act was passed by Congress and an attempt was made to gather all the proliferating economic and military assistance plans into one coordinated program. So many administrators came and went that nothing really got coordinated; 2,000 steel plows lay rusting in Ethiopia, dams were built in a remote corner of Afghanistan, Asian potentates had fleets of cars bought with aid funds. This phase began to end in 1957 when President Eisenhower shifted the major emphasis of foreign aid from outright grants to development loans and investments. President...
...Unité d'Habitation in Marseille lifted 337 apartments on stilts to give them a view of the Alps. On its surface of rough poured concrete, the marks of wooden forms remained like a touch of man's hand-a touch that so many modern glass-and-steel structures lack. At Chandigarh, the new governmental seat of the state of Punjab in India, Corbu set about making battlements on a plain. Rendering to God as well as man, he designed a chapel at Ronchamp, France, with a roof shaped like a nun's coif (the shape also...