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Word: steels (lookup in dictionary) (lookup stats)
Dates: during 1950-1959
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Usage:

Administration Pressure. So eager was Labor Secretary James Mitchell to bring about a steel truce that he went back to an 1888 statute (affecting the duties of the U.S. Labor Commissioner) to find authority for stepping into the dispute as a one-man factfinder. Said Mitchell: "In the interest of the American people, all the reasons for and circumstances surrounding the present strike should and must be determined. I will keep the President advised periodically as to the facts...

Author: /time Magazine | Title: Business: Second Threat | 8/3/1959 | See Source »

Mitchell, a topflight labor-dispute mediator before he went into Government, buried himself in the perplexities of steel profits, costs, wages, prices, productivity, unemployment. He will make no public report, but will exercise the subtle pressure of an Administration that sorely wants a solution...

Author: /time Magazine | Title: Business: Second Threat | 8/3/1959 | See Source »

...Steel management received Labor Secretary Mitchell coolly; it believes that he has partially reversed President Eisenhower's original hands-off stand, and it resents Mitchell's feeling that the industry's soaring profits (see above) should be able to accommodate a few cents' hourly boost for the steelworkers...

Author: /time Magazine | Title: Business: Second Threat | 8/3/1959 | See Source »

Budget Pinch? While Mitchell grappled for the facts and a position, the steel impasse grew in bitterness. When 19,000 Bethlehem Steel workers in Lackawanna...

Author: /time Magazine | Title: Business: Second Threat | 8/3/1959 | See Source »

...Steel's Fairless Works in Pennsylvania did not get the wages coming to them from work done in the last days before the strike, management explained that payroll clerks were also on strike. Other strikers lined up to collect up to a fortnight's back pay. But every week, workers lost more than $50 million in wages. Even if they win a 10? hourly wage hike, it will take them close to six months to make up for one week's lost wage...

Author: /time Magazine | Title: Business: Second Threat | 8/3/1959 | See Source »

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