Word: strike
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Dates: during 1950-1959
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...National strikes have always provided large amounts of copy for American newspapers. Now that the papers have finished printing stories about the steel strike, they can turn their attention to the sick railroad industry, where adamant unions face an even more adamant management over the now-familiar issues of work rules and wage hikes...
Even more than in the steel strike, the public has great concern with the length of the probable strike. At present, there seems to be no way by which to avoid it completely. Under terms of the Railway Labor Act, the government can delay the start of the strike a fair length of time; the President can invoke measures leading to an emergency negotiation board and can exert subtle pressures in other ways. The Taft-Hartley Act provides the final governmental check...
...strength of these government safeguards will probably not be sufficient to protect the public from a crippling strike. Since unions and management have adopted such diametrically-opposed stands, any settlement will involve a substantial retreat by either or both sides--or even government action such as compulsory arbitration or temporary seizure of the railroads. Rail transportation cannot be halted for more than a week without economic consequences far more serious than the repercussions of the steel strike, at least in the opinion of many economists...
...major issue in the strike will not be wages but work rules. The Association of American Railroads--one of the most powerful lobbies in Washington--has started a nation-wide advertising campagin deploring the amount of feather-bedding throughout the nation. "Let us change the outdated work rules," the A.A.R. says, "and we can save $500 million per year, thus letting us compete more effectively and serve more efficiently...
...best October in history; Rambler (up 21.5% over last year), Dodge (up 57%), Buick (up 72%), Mercury (up 99%) and Lincoln (up 100%) were off with a roar. But with plants shut down around the U.S. and better than 206,000 auto workers laid off because of the steel strike, industry production volume dwindled to 67,195 cars last week, about 50% of production during the middle of October...