Word: strikes
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Dates: during 1920-1929
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...union's plans for enlargement and improvement are to be carried out by several strikes in the near future. A subsidiary in Toronto is authorized to call a strike of 1,800 cloak-makers. Another subsidiary consisting of 7,000 embroiderers in Manhattan is also directed to undertake a strike. Strikes are now under consideration in Boston, Chicago, Cleveland, Toronto, Baltimore, Toledo, Kansas City. But the specific purpose of the bond issue is to finance a strike of 45,000 dressmakers to be called in New York...
Strange would that customary formula have sounded if recited for a bond issue announced last week. The purpose of the issue of $250,000 of five-year 5% gold bonds was to improve business of the issuing company by conducting a bigger and better strike of 45,000 employes. The name of the issuing company is the International Ladies Garment Workers Union...
...Harvest?" Alarmist reports from the Empire's trade frontiers undoubtedly tended to weaken the employers front in Lancashire. The potent Rothermere press envisioned Germany and Japan as "likely to acquire, perhaps permanently" a huge volume of business sure to be lost by Britain in the event of a long strike. "The textile mills of Northern France are working at top speed." warned Viscount Rothermere's Daily Mail, "and they will reap a golden harvest of orders that ordinarily would go to Lancashire. . . Even Poland is reckoning on big profits...
Inevitably these warnings impinged more forcibly on Capital than on Labor. The striking spinners and weavers were not watching economic trends last week. Mostly they acted as though the strike were a holiday. Thousands swarmed merrily down to seaside resorts, splashed, dived, basked. It was in the stuffy offices of Lancashire mills that grave-faced executives sweated over the risk of crippling sales losses abroad...
Repercussions. Leading U. S. cotton experts were in substantial agreement that: 1) Even a brief Lancashire strike would depress the market for raw cotton as British orders were curtailed. 2) Only a long Lancashire strike would boom the U. S. cotton textile trade. Reason: the British mills have reserve stocks of the type of high class cotton cloth competitively manufactured in the U. S. and can maintain their position in this class of goods for some weeks or months. 3) Germany and Japan, producers of cheapest cotton cloth, will be in a much stronger position to grab what Lancashire loses...