Word: wage
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Dates: during 1940-1949
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Freddie's employers reckoned without the Auckland Local of the New Zealand Electrical Workers union, a potent organization in a country where about half of the wage earners are union members. From George Allbright, secretary of the local, went a letter to the Korma Mills factory where Freddie did a job lately. "The union's complaints," said Allbright, "are on the following grounds...
Pearson's Merry-Go-Round appears in 600 newspapers with 20 million circulation. (Estimated income to Pearson: $2,000 a week.) Then there's the radio. On Sunday nights he talks over ABC to 10 million people, for a weekly wage of $5,000 plus all the Lee hats (his sponsor) that he wants. His sponsors claim 77% accuracy for the predictions which, along with his disclosures, are his stock in trade. The batting average means little: "We can always boost it," a staffer explains candidly, "by predicting things like tomorrow will be Monday...
Biggest Slice. Just what did labor, with its new power and its new responsibility, want in its own field? To some, it looked as if the answer was simply that it wanted a hand in management. Answering Henry Ford II's statement that a fourth round of wages would necessitate higher prices, the U.A.W.'s Emil Mazey declared: "Our bargaining team can show Mr. Ford next spring that he can give a wage increase without raising the price of automobiles. Our experts will be glad to sit down with him and his associates, go over his books...
Officially, the C.I.O. declared: "It is essential in a dynamic economy for wages to be ever increasing and for the wage segment of our national income to be enlarging through taking a larger share of an ever-increasing national income . . . It is possible for wages to increase and living standards to improve within the framework of a reasonable profit structure for American industry...
...would be some time before the West Coast could untangle the mess created by a work stoppage of three months and get some 265 idle ships moving. There were still a number of problems to clear up, chief of which were wage discussions with Harry Lundeberg's A.F.L. seamen, who had had no work since no ships sailed. Said Lundeberg: "We have heard that the faucet is open and we mean to get ours...