Word: steele
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Dates: during 1950-1959
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National strikes have always provided large amounts of copy for American newspapers. Now that the papers have finished printing stories about the steel strike, they can turn their attention to the sick railroad industry, where adamant unions face an even more adamant management over the now-familiar issues of work rules and wage hikes...
Even more than in the steel strike, the public has great concern with the length of the probable strike. At present, there seems to be no way by which to avoid it completely. Under terms of the Railway Labor Act, the government can delay the start of the strike a fair length of time; the President can invoke measures leading to an emergency negotiation board and can exert subtle pressures in other ways. The Taft-Hartley Act provides the final governmental check...
...talks began, one new possibility was reported by informed diplomats. Macmillan and Adenauer may discuss the future of Alfried Krupp's huge coal-steel empire in West Germany...
...their best October in history; Rambler (up 21.5% over last year), Dodge (up 57%), Buick (up 72%), Mercury (up 99%) and Lincoln (up 100%) were off with a roar. But with plants shut down around the U.S. and better than 206,000 auto workers laid off because of the steel strike, industry production volume dwindled to 67,195 cars last week, about 50% of production during the middle of October...
Alchemistic Search. The initial secret of the Krupp success was failure. The founder of modern Kruppdom, Friedrich, was a turn-of-the-19th-century dreamer, prophetically dedicated to an industrialized Germany. He spent his life in a quasi-alchemistic search for "the secret of casting steel," processed more irony than iron in his foundry, the Forge of Good Hope, and died at 39 of dropsy and despair. His son Alfred was later to find and filch the sought-for secret from British forgemasters while posing as a frivolous visiting baron, Herr Schropp. After he set the Essen smokestacks belching, Alfred...