Word: strike
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Dates: during 1950-1959
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There are not enough words in my vocabulary to describe my reaction to "The Strike-Out King" [Aug. 31]. My indignation is not directed against Pitcher Harry Murphy but against those adults who have made winning such an issue that children's baseball, once an enjoyable sport, becomes such an ordeal that a little eight-year-old boy wets his pants in public from fear. And what is worse is that it is not physical fear of pain; it is fear of certain humiliation...
...calf, Wall Street's bull market last week stumbled hard. Stocks dropped 14.82 points on the Dow-Jones industrial average to 637.36, well down from the peak of 678.10 in early August. Brokers all gave the same reasons for the market's weakness: tight money, the steel strike and Premier Khrushchev's visit. Many of them also agreed on what the market will do next. Said Carl M. Loeb, Rhoades Partner Samuel L. Stedman: "I expect a good strong rally before the end of the year, because there is money piling up in mutual funds, pension funds...
...taken toward a settlement. Management agreed to refer work practices and other local issues (TIME, Aug. 24) to labor-management subcommittees in the twelve major struck companies, thus agreeing with the union's stand that these are local problems that should be handled on the local level. "The strike has now reached a critical stage," said Labor Secretary James Mitchell, "and the next few days will determine whether we get a reasonable settlement or whether the strike will be further drawn...
...workers at Swift plants in 34 cities, started to pull out 5,500 Wilson workers in seven cities, but extended the old contract another week to continue negotiations. ¶ In the tire 10?-an-hour wage increases to more than 80,000 workers, narrowly averting a strike...
...Sensing a good moment to strike the first blow, eleven nonoperating rail unions served notice on the nation's railroads that when the present three-year agreement expires on Oct. 31, they expect wage increases of11? (earlier the five operating unions demanded increases of 12-14%). But management showed that it is ready to stand as firm and united as the steelmakers against such demands. Under a group insurance plan, any railroad struck will have financial aid for as long as a year...