Word: vinson
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...fight over wage ceilings. Congress seemed set to pass a resolution by Missouri's Senator Harry S. Truman which would put into immediate effect an 8?-an-hour across-the-board rise for 1,100,000 railroad workers. This would wreck the authority of Economic Stabilizer Fred M. Vinson, who turned the raise down five months ago. The Little Steel Formula's body was now being trampled by almost every union in the country, pressing hard for raises, on the heels of John L. Lewis...
...highly skilled railroad men, the five unions had asked for a minimum $3-a-day wage increase. A special Government Railroad Labor panel, considering the case from every angle, after an interminable length of time gave them 4? an hour-32? a day-instead. Economic Stabilizer Fred M. Vinson hurriedly approved the raise. But the unions cried "Insult," turned the proposal down...
Later in the week, when ex-Congressional Tax Expert Fred Vinson, now stuck with the job of Economic Stabilizer, appeared to urge the same program, he submitted figures that dramatically underlined this Administration paradox...
...special board, set up by President Roosevelt to deal with the railroad men, recommended an 8? increase. This was torpedoed by Economic Stabilization Boss Fred Vinson. Vinson's decision laid down the policy that "gross inequity" was to be recognized only when the workers lived in "substandard conditions...
Last week a second special board considered the case of the operating unions, reluctantly followed the Vinson directive. Its decision: a 4? an hour increase, which was too measly for the rail workers to consider...