Word: trades
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Dates: during 1950-1959
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When British Motor Corp. (Morris and Austin) laid off 6,000 workers made "redundant" by the falling car sales abroad and at home, trade unions ordered 51,000 workers to quit in protest. Much to everyone's surprise, more than half the workers reported to work anyway, crashing through mass picket lines in trucks, fistfighting their way through the gates. Most of those fired quickly found other jobs in the Midlands. The unions, however, stubbornly held out for reinstatement of the whole lot. Yet mobility of labor is one of Britain's needs of the hour...
Inching, Pinching. At the moment, the government's credit squeeze has leveled off last year's frightening import rise, narrowed the trade gap to a monthly $45 million, and restored gold reserves. But with retail prices up ten points over last year, it has not stopped inflation. Last week the inching, pinching process of deflation brought violence and strikes to Britain's smoke-stained Midlands...
...order, and some even saw their daughters commandeered by the Red masters for marriage to the "progressive" younger members of their group. All these things the fishermen of Kwangtung suffered in silence. But last summer, when the Communists began to impose the cooperative system on the machinery of their trade-their boats, their carefully tended nets and their daily catches-the fishermen could tolerate no more. In September a fleet of 200 fishing junks, manned by some 1,600 refugee fisherfolk, set out from Kwangtung to find a freer life in the waters around Hong Kong...
Unable to make a living in strange waters from the only trade they knew, the fishermen pulled their belts tighter. Some were forced to sell their junks and hire themselves out as deckhands. When all else was gone, they even sold their children. Meanwhile, their leaders and their friends sought help for them from the sprawling network of international organizations designed to ease the way for just such refugees as themselves. The first 2,000 fishermen to arrive got $3.50 each, plus some cast-off clothing, from the government of Nationalist China. A few boxes of food from CARE went...
...week's junkets underlined what the U.S. hopes will be the historic meaning of Panama: more mutual trade and aid among the Latin American nations, with a corresponding playing down of continuing economic dependence on the U.S. Old rivalries, bad transportation and plain shortage of capital in most countries plainly stand in the way. But the unexpected show of presidential friendship was a hopeful sign on the first week after the meeting that the historic divisions of Latin America may be breaking down...