Word: strike
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Dates: during 1950-1959
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...Supreme Court's decision to uphold the Taft-Hartley injunction in the steel dispute will not end the strike; it may do harm, in fact, by obscuring the issues involved with the false reassurance of renewed production. The steel strike--the longest industry-wide stoppage in the country's history--has intensified two issues: the more immediate one of responsibility in the particular conflict of labor and management, and the general degeneration of collective bargaining between two huge economic blocs...
...question in this strike have been far from clarified either by the propagandist dispatches from each side or the advertisements with their specious economics. The antagonists (as has become the case with many of the world's diplomatic contenders) seem more interested in public relations than specific progress. The issues in the strike have involved wage increases and work rules; the second crystallized union support behind its leadership when economic demands alone seemed insufficient to hold a firm front...
...companies had accumulated an inventory sufficient to meet orders for a couple of months. The steel firms have claimed that wage increases would force them to raise prices and have sanctimoniously used anti-inflation sentiment as an argument against such wage increases. A lowering of steel prices, before the strike rather than a threat to raise them afterwards would have proved their sincerity much more effectively and probably would have forced the Union to forego any demands for increases...
...said Saulnier, a too rapid expansion of credit caused overbuying of autos and other consumer durables, helped bring on the recession of 1957. If consumer installment purchasing increases too rapidly now and after the steel strike, Saulnier fears U.S. consumers will overreach themselves, bring on a decline...
Newsstands all over Boston were mobbed yesterday by people trying to buy out-of-town newspapers as the local branch of the International Typographical Union continued its strike...