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Word: steele (lookup in dictionary) (lookup stats)
Dates: during 1950-1959
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Usage:

...steel strike satisfies the Taft-Hartley requirement for evident danger to "the national health or safety" before an injunction may be issued. Contrary to union argument, said the court, the Government does not have to prove something as vague as "damage to national health," because the steel strike in fact imperils "national safety" by specific effects upon defense projects...

Author: /time Magazine | Title: THE ECONOMY: Aspirin for Steel | 11/16/1959 | See Source »

Within hours of the court's decision, three loaded ore boats sailed out of Duluth harbor for the steel centers; within two hours maintenance workers began heating up coke ovens in Pittsburgh. By midweek the first pig iron would pour down white-hot from ten-story-high blast furnaces, thence become raw steel within less than 24 hours, bars and sheets within a week or so. Despite these quick reactions, the injunction was little more than an 80-day aspirin for an economy aching for a real cure of the steel crisis...

Author: /time Magazine | Title: THE ECONOMY: Aspirin for Steel | 11/16/1959 | See Source »

Nearly half the time will have gone before the mills reach anything like capacity production; layoffs because of steel shortages, which rose from 10,000 a week in mid-September to 45,500 a week in late October, will continue to rise for perhaps six weeks (see BUSINESS) before the output of new steel will be felt through the steel-strapped economy...

Author: /time Magazine | Title: THE ECONOMY: Aspirin for Steel | 11/16/1959 | See Source »

...week's end the war seemed hotter than ever. The day before the court decision, U.S. Steel Executive Vice President R. Conrad Cooper, top industry negotiator, told the Virginia Manufacturers Association that the union enjoys "vastly" greater power than the companies; that Steelworker President David McDonald is the "only man who can choke off our nation's steel supply at will." When the Supreme Court order was announced, McDonald agreed to obey "the law of the land," but struck a do-or-die pose. Cried he: "Steelworkers do not quit. They will not bow down to industrial tyranny...

Author: /time Magazine | Title: THE ECONOMY: Aspirin for Steel | 11/16/1959 | See Source »

...eight-sided figures), which looks like something made by a giant playing with an Erector set. Made of lightweight aluminum tubes, the "octet" truss cantilevers outward 60 ft. from a single support, weighs only 3 lbs. per sq. ft. v. some 100 lbs. for a comparable structure in conventional steel beams...

Author: /time Magazine | Title: Art: Push & Pull | 11/16/1959 | See Source »

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