Word: steels
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Dates: during 1950-1959
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...steel strike has forced layoffs of 50,000 railroadmen (carloadings ran 16% below normal) and 28,000 other workers -miners from West Virginia to Minnesota, sailors and longshoremen on the Great Lakes, teamsters throughout the East and Middle West. The Government is also a victim: a prolonged strike in steel is expected to cause revenue losses of $45 million a week. Said Treasury Secretary Robert Anderson: "A long strike could reduce revenues which could not be recovered in fiscal 1960 and could therefore contribute to a budget deficit...
...costs by more than $1 billion a year, plagues a broad spectrum of industries ranging from trucking to show business, printing to airlines. This year, as part of industry's tougher stand toward labor, management aims to pluck some of the featherbeds. A chief cause of the current steel strike is management's insistence on winning more control over local working practices, partly motivated by the desire to wipe out what Chief Steel Negotiator R. Conrad Cooper called "loafing, featherbedding and unjustifiable idle time." The railroad industry, worst feathered of the lot, has pledged an all-out assault...
...steel industry actually has managed to eliminate featherbedding more than many industries, and management, when pressed for examples of make-work, can only complain that a ten-man hearth crew does the work of seven men, that in one plant five crews are employed to move steel where four could do the job. Featherbedding has helped to break whole firms: automakers now contend that it was a major factor behind the demise of Packard, Hudson and Kaiser cars. The United Auto Workers often insist that several types of skilled workers-machinists, oilers, carpenters, metal handlers-work on a single...
...system, and an anarchic planning system that put untrained workers on industrial machines and knowledgeable technicians in mines or paddies. A classic example of chaos was Peking's 1958 decision to encourage hundreds of thousands of peasants to set up tiny blast furnaces in their backyards to raise steel production. The system proved so uneconomic that it has been abandoned, after millions were spent on backyard plants...
...July 29 The U.S. Steel Hour (CBS, 10-11 p.m.).* One girl (Peggy Ann Garner) wants to be an actress, the other (Erin O'Brien) wants to be a housewife, and their careers get hopelessly tangled. The problem may not promise high drama, but the program is the only live dramatic show left on the summer schedule...