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Word: steels (lookup in dictionary) (lookup stats)
Dates: during 1950-1959
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Opposed on principle to Government interference in collective bargaining, Dwight Eisenhower had given the steel companies and the United Steelworkers of America plenty of time to arrive at a settlement. Since last May, on and off, Steelworkers President Dave McDonald and U.S. Steel Executive Vice President R. Conrad Cooper, head of the industry negotiating team, had glared and snapped at each other across the bargaining table in Manhattan's Roosevelt Hotel without making any detectable progress...

Author: /time Magazine | Title: LABOR: Stand on Principle | 10/12/1959 | See Source »

What kept both sides from budging was the steel industry's determination to turn collective bargaining into a "two-way street," as Cooper put it. In most big strikes in the U.S. since World War II, the fight was about the difference in size between the package management offered and the package the union demanded. But this time the steel industry brought to the bargaining table not an offer, but some demands of its own: contract changes to give management more control over conditions in the mills. Most important change demanded by industry: revision of the standard contract...

Author: /time Magazine | Title: LABOR: Stand on Principle | 10/12/1959 | See Source »

...breakoff of negotiations with steel supplies running out and ripples of unemployment spreading across the land cracked Dwight Eisenhower's already worn-thin patience. "I am not going to permit the economy of the nation to suffer, with its inevitable injuries to all," he told his press conference. "I am not going to permit American workers to remain unnecessarily unemployed...

Author: /time Magazine | Title: LABOR: Stand on Principle | 10/12/1959 | See Source »

Imperiled Health. At the White House two days later, the President met with U.S. Steel Chairman Roger Blough and five other top steelmen for half an hour, then with McDonald and three other United Steelworkers officials for about 20 minutes. At the closed-door meetings, said Press Secretary James Hagerty, Ike "did most of the talking," and was "quite firm." Later that day, the President issued a statement hinting that if the two sides failed to reach agreement by the time he got back from his vacation in California, he would invoke the Taft-Hartley Act's provision calling...

Author: /time Magazine | Title: LABOR: Stand on Principle | 10/12/1959 | See Source »

...Pittsburgh instead of New York. Management finally got around to making the union a money offer to chew on. But it was a small offer, totaling about 8? an hour in added benefits as against McDonald's demand for a 15? package. And at the same time the steel industry stuck determinedly to its insistence on contract changes, including revision...

Author: /time Magazine | Title: LABOR: Stand on Principle | 10/12/1959 | See Source »

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