Word: steelmen
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...when the steelmen tried to say so, they put their foot in it. "[The] irregular procedure," said Bethehem Steel Corp.'s President Arthur B. Hgmer, "appears to be designed merely as a vehicle for forcing upon us important concessions." He was cut short by Board Member Samuel Rosenman, ex-New Deal brain-truster.* "Am I to understand," he asked, "that because other boards recommended an increase, you assume that we necessarily were set up for [that] purpose...
...before Harry Truman's steel fact-finding board. In Manhattan's federal court house last week, it was management's turn. Up before the three-man board stood Inland Steel Co.'s tall, square-jawed President Clarence B. Randall. In crisp words he made the steelmen's case against the theory of wage-fixing by government. Said...
...hands in despair. Actually the mediation meeting had lasted only 2½ hours. Phil Murray, out for big game, refused to budge from his insistence on discussing pension demands (although, under the contract, he was only entitled to open wage and insurance negotiations this year). Profit-fat steelmen* as stubbornly dragged their feet on wages as long as the union wanted to talk pensions, too. At that deadlocked point, Murray looked hopefully to the White House...
...recommendations on settling the dispute. U.S. Steel Corp.'s stiff-necked Ben Fairless turned it down flat. The Taft-Hartley Act, he pointed out, "is still the law of the land," and it expressly states that a fact-finding board shall be forbidden to make recommendations. The other steelmen took the same line...
...steelmen met in Manhattan's Waldorf-Astoria last week for the American Iron & Steel Institute's annual convention, Secretary of Commerce Charles Sawyer, Harry Truman's good-will ambassador to U.S. business, brought them mixed tidings. For one thing, they were not alone in their doldrums; in April, Sawyer's economists had reported, the sales of all manufacturers slumped $1.2. billion from March to the lowest monthly total ($16.9 billion) this year. But Sawyer was optimistic : the gross national output, as he pointed out later in the week, was still running ahead of 1948, there...