Word: wage
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Dates: during 1930-1939
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...Promptly the President signed it, bringing the big tobacco companies after 18 months' delay into NRA. Hardly had the President done so when William Green, who had just come off second-best in an argument with him, declared the A. F. of L. keenly disappointed that the minimum wage of the code was 25? an hour. One kick Mr. Green could not make: that S. Clay Williams, as head of NIRB and erstwhile president of R. J. Reynolds Tobacco Co., had been partial to his former industry. The President announced that Mr. Williams had no part in making...
...half as much; 2) politicos who want to cut the $4,000,000,000 up into so many slices of pork; 3) Liberals and Progressives, many of whom would like to double the sum spent and boost work relief pay from a subsistence level ($50 a month) to prevailing wage rates; 4) Inflationists who want to finance the program with greenbacks...
Washington, Feb. 12--The mightiest voices in organized labor late today demanded that the Senate Appropriations Committee preserve the prevailing wage amendment under fire new in the Administration's $4,880,000,000 works bill...
...every dollar spent during the current fiscal year the United States Government has taken in 51 cents in taxes. On February 4 the deflcit was $2,011,041,971. If Senator Glass' efforts to delete the "not loss than the prevailing wage" clause injected into the work-relief bill is not successful the cost of the program will be jumped, according to administration estimates, from $4,880,000,000 to $7,000,000,000. Thus over two billions more would be added to the wrong side of an already unbalanced budget for the present fiscal year...
...have supposed. In 1933 Steel's deficit was $43,000,000, in 1932 $92,000,000. The important fact, however, was not that deficits were declining but that operating profits-before depreciation and other charges-were rising. Chairman Myron Charles Taylor took pains to announce that the average wages of his 190,000 employes were up from 59? per hour in 1933 to 70? last year, that total wage payments were up nearly 30% from $172,000,000 to $210,000,000, although steel output increased less than 10%. Yet operating profits rose nearly 100% from...