Word: strikingly
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Dates: during 1950-1959
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With production down to two-thirds of capacity-and with ample inventory-steel management might have been expected to ride out a strike rather than cut narrowed profit margins any further. Why did the managers agree without a fight? Partly because they acknowledged an obligation to increase fringe benefits, frozen by contract since 1949. But a more significant reason was their high regard for U.S.W. President McDonald. By giving him a fat new contract without trouble, management also gave him increased prestige and power to match up against his old antagonist, C.I.O. President Walter Reuther. Said one top steel executive...
...testify against him. Boss Natsukawa, a Buddhist who drives a Cadillac and gives the fanciest geisha parties in Tokyo, used to explain it all by the company policy he calls "K.S.E." (Kindness, Special Quality, Efficiency). "After all," he boasted, spreading his fat hands wide, "Ohmi has never had a strike...
Special Kindness. Last week Ohmi was having its strike, and Japan was learning more about K.S.E. In a published complaint, Natsukawa's workers explained how, before each of the day's three work shifts in their clockless factories, they were marched into the factory yard and forced, rain or shine, to sing company songs and recite such uplifting Buddhist promises as, "Today I will make no immoderate demands" or "Today I will not grumble or complain." Once a week every worker, regardless of religion, is forced to attend a Buddhist religious service. At one rally in the plant...
AIRLINE PILOTS' STRIKE is being threatened over the Civil Aeronautics Board rule increasing maximum flight time in a given day from eight to ten hours so that airlines can make nonstop transcontinental runs in all weather. The Air Line Pilots Association (A.F.L.) has sent out strike ballots to 3,500 pilots (one-third of the airline total) flying for American, United and Trans World Airlines, says that its members are flying the long runs only "under threat of discharge." THREE-WAY MERGER of American Woolen Co., Textron Inc. and Bachmann Uxbridge Worsted Corp...
...union balked, the company offered to make up the $3,000 difference by a 4?-an-hour increase across the board so the overall payroll would be the same. But fortnight ago. unwilling to settle for anything but a renewal of the old contract, 2,100 employees went on strike...