Word: steeling
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Dates: during 1940-1949
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...keep the coal stockpile down to a size where he might be able to use a coal shortage as a bargaining weapon. Lewis had also gained time in which to try to divide management by making separate agreements-a strategy which Phil Murray had used successfully against the steel industry. He badly needed...
...father's small shop, was a combat artillery captain in World War I, and on his father's death in 1923 brashly borrowed $120,000 from a bank to buy and improve his father's boiler shop, groomed it into a rich and versatile steel-fabricating company...
...Purported reason: to protest the deaths of two peasants who had tried to seize idle land and been killed in battles with police. The strike was an even more dismal flop than the walkout staged by Communists in France last fortnight (TIME, Dec. 5). The Italian strike stopped the steel and auto factories of the north; it was partly effective in the ports, and in urban transport systems. Nevertheless, millions of workers ignored the strike order. Instead of being paralyzed, Italy felt only a few twinges in sore muscles...
When a squash ball is dropped from a height of 100 inches on a steel plate, it will rebound 32 inches. This is true only when the temperature is at 70 degrees Faherenheit...
...down the line, the U.S. economy was moving into high gear. Christmas shopping was off to a flying start (see NATIONAL AFFAIRS). The Pittsburgh steel mills, rushing to make up for strike-lost time, expect to hit 90% of capacity this week. Soft-coal production climbed to 14 million tons the week ended Nov. 19, highest point since April 1948. Unemployment was dropping in the cities that had been hardest hit in the spring recession and the fall strikes. And the automakers were chestier than ever. General Motors predicted that it would make a record 2,750,000 cars...