Word: steels
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Dates: during 1950-1959
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With bottomless patience the Taylor panel had been trying all week to cut through the murk of charges and counter-charges and down to the core facts of the strike. But they got little help from either Steelworker President Dave McDonald or Steel Industry Negotiator R. Conrad Cooper. With nearly 90% of the nation's steelmaking capacity idled since mid-July, with layoffs spreading rapidly through the economy as manufacturers shut down for lack of steel (see BUSINESS), McDonald kept spouting purple rhetoric, Cooper kept spouting dun-grey generalities. Said Chairman Taylor at one of the sessions...
Bungled Campaign. At the start of the strike, the big steel companies, led by U.S. Steel Chairman Roger Blough, laid down a demand of their own: in return for even a modest boost in wages and fringe benefits, the union would have to agree to contract changes to "cut the cost of steelmaking." With high labor costs squeezing U.S. steel out of foreign markets (TIME, July 20), the steel companies had a solid argument for holding costs down. Revelations of corruption in the labor movement had weakened organized labor's influence. And the U.S. public was fed up with...
...steel companies bungled their campaign. First they asked too much: a sweeping grant of authority to change plant work rules in the name of "efficiency and economy." Then they failed to justify the demand. Company spokesmen charged that the work rules foster "featherbedding and loafing," but never supplied a solid example to document the charge or a solid specific on how the authority to change the rules would be used. When Mediator Taylor asked Bethlehem Steel Negotiator John Morse to explain just how the work rules created problems in particular mills, Morse replied that he was "afraid the panel would...
...kernel of agreement that might serve as the starting point for a last-minute solution. McDonald trimmed his demands for a two-year wage and benefits increase of 28½? down to a 19¾? package-the level at which California's Edgar Kaiser had urged his fellow steel men to settle. Industry's Cooper stonily told the fact finders that McDonald's package would really cost 33?, and the proposal was "unacceptable"; in its place he stood on a threeyear, 30? package (which the steelworkers said was worth only 14½ over the next two years...
Cross Section. When he concluded his state paper on U.S. hopes for a prosperous, free world, the President took a chrome steel spade that was inscribed: Here, in the Heart of America, Dwight D. Eisenhower learned the Lessons of Youth which shaped his rise to stalwart leader and fearless fighter for the rights of man in the era of liberty's greatest trial. He drove the spade into the ground and turned over the first pile of Abilene earth on the plot where the $3,000,000 Eisenhower Library will stand (said he, when photographers asked for the inevitable...