Word: steels
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Dates: during 1950-1959
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...demanding work-rules changes to increase efficiency, the steel companies had a strong case to make. And the steelworkers, for their part, had never been a union dedicated to featherbedding. By trying to make the changes in a sweeping manner, the steelmen had solidified labor into a newly militant front and lost much public support. Like many a controversy based on principle, the differences were far more apparent than substantial, might well yield to settlement if both sides would make the most of a cooling-off period to try a new approach...
Streak of Respect. In 1938, after two years as president of Baltimore's Rustless Iron & Steel Co., followed by a year of semi-retired dabbling in various ventures, Symington was looking around restlessly for something to do. At the urging of Wall Street Investment Banker David Van Alstyne Jr., he agreed to go to the rescue of St. Louis' ailing Emerson Electric Manufacturing Co. (fans, small motors) in return for $24,000 a year, plus a stock-option deal. Emerson was deep in the red and battered by labor troubles, had barely managed to survive a bitter...
...many TV sets will be made and how many shoes sold. At 745 billion rubles (roughly $74.5 billion), it is on the same order as President Eisenhower's $77.1 billion budget, but to be really comparable, the U.S. budget would have to include the spending of U.S. Steel, General Motors, A.T. & T. et al. But if the Russian budget is hard to compare to the U.S.'s, it is nonetheless the biggest in Soviet peacetime history. A single sheet of statistics was handed out to the delegates to study. To judge by it, Soviet citizens may live...
Hunkerers feel that their position offers splendid perspective on lofty problems. They urge steel-strike negotiators to hunker awhile, envision Eisenhower and Khrushchev hunkerin' at the summit. "This is a peaceful thing," one hunkerer says. "A respite from a world of turmoil. The main purpose of hunkerin' is to get down and hunker together. It's a friendship thing: get your friends to hunker with you. The man you don't know is the man you haven't hunkered with...
...sunny day last July, Mechanic Billy Smith, 25, went on the job to reline a steel furnace at the U.S. Pipe & Foundry Co. in Decoto, Calif., south of Oakland. Overhead a giant hook dangled from a traveling crane. In a freak accident, the hook crashed down on Billy Smith's right leg and severed it just above the knee. For three hours and 35 minutes, Billy Smith's leg was kept with his body only by a two-inch-wide ribbon of skin...