Word: steele
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Dates: during 1940-1949
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There was, he said, not a bit of sense in the world in either the steel or coal strikes; he castigated steel management for not accepting the report of his fact-finding board and criticized the union for standing on the letter of the board's report. Having put his remarks off the record (they inevitably leaked), he went back to Blair House, apparently not displeased at having had an opportunity to speak his mind...
...refusals, Congress often showed better sense than Harry Truman in his requests, and sometimes it saved him later embarrassment. When he asked for an anti-inflation program (including wage & price controls, Government authority to build steel plants) at a time when deflation was obviously in progress, Congress brusquely threw it overboard, lock, stock & barrel. His demand for $4 billion in new taxes was similarly ignored; so was his request for $800 million for universal military training...
...seem to hurt much at first-only some local twinges of discomfort and worried looks in high places. But by last week, the discomfort had become painfully general. The U.S. economy was slowly suffocating in the tight, unrelenting grip of the first simultaneous nationwide strike in coal and steel...
...nation's coal stockpile was down to 43 days' supply and dwindling steadily. That would not have been alarming if the coal was distributed properly, but it was not. A prize batch, 10 million tons, was piled in the idle steel industry's bins. The New York Central R.R. lopped 89 steam-powered trains from its schedule, had to cancel another 57 next day when the Interstate Commerce Commission ordered all railroads with low coal supplies to cut steam-locomotive passenger runs by 25%. "By the end of this week or next," said a U.S. Government coal...
...each other. The northern and western operators walked out of the bargaining room in disgust last week, virtually inviting the U.S. Government to step in. Lewis apparently still hoped to stall the negotiations somehow until Phil Murray's 480,000 striking United Steelworkers settled their strike with the steel industry...