Word: strike
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Dates: during 1940-1949
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...read with interest the article concerning Eugene Stefan, the D.P., and how union men went on strike to give his job to another [TIME, Aug. 15]. Omaha, indeed, must be quite a city. No doubt the 300 strikers and Labor Leader Preble must feel rather proud of themselves for having secured the job for a "real American" instead of a foreigner...
...strike of metalworkers would hold a special danger for Finland: it might delay delivery of Finnish reparations to Russia. That, explained Premier Fagerholm last week, was what the Communists wanted; delay might give Russia an excuse to "intervene" under terms of the peace treaty...
According to union statistics, the steel companies could afford to pay. For the first half of 1949, the union said, profits of the 19 leading companies were estimated at $301 million, up 54.6% from 1948's first half (when operations were slowed down by a coal strike). In fact, said Nathan, profits had been even larger; many companies had hidden them in swollen depreciation funds. In the end, he argued, the raise would be good for the entire U.S., since "higher wages are proposed as a means of lifting buying power...
...labor has got to be just as big as industry in seeing that the right [bargaining] results are reached. If labor is not big enough, then we have got to fight the thing out. That is the way I look at bargaining. If they think we are wrong, they strike us, see? That is the way this thing should work. It is a hell of a good way to work...
...trouble, said K-F, had been high-cost inventories, high overhead, price cuts, and a strike at Bendix Aviation Corp. which had stopped K-F production for two weeks. But K-F's real trouble was that the auto shortage was about over, and its share of the market had slipped from 5% in 1948'$ first half...