Word: wage
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Dates: during 1940-1949
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...injunction presumably would apply until the railway wage dispute has been settled. It was no nearer settlement last week than it was eight weeks ago, when Judge Goldsborough issued his temporary order and the Army took over nominal operation of the roads. The engineers, firemen and switchmen still wanted more than double the 15½?-an-hour raise which a fact-finding board had recommended as a fair settlement. Their demands were louder than ever now because, they said, even while they had been arguing, the cost of living had gone up. The conductors and trainmen, who had accepted...
...Treasury finally got around to the tentative listing of the nation's top wage-earners for 1946.* Cinemagnate Charles P. Skouras (for the second straight year) led the field with $985,300. Other movie folk in the top ten: Director William (The Best Years of Our Lives) Wyler ($432,000) and Bing Crosby ($325,000). Betty ("Legs") Grable, with a tidy $299,300, was the top moneymaker among U.S. women (trumpeting husband Harry James did $100,036 worth of breadwinning in the movies alone). Automaker Charles E. Wilson (General Motors) made $337,193, and the late super-Huckster George...
Profits and dividends were not the only things that were headed up. Last week the economy's price structure began to feel the impact of the third round wage hike. General Electric Co., which had already boosted home appliances, raised the prices of industrial motors 5% and industrial control equipment 10%. Chrysler joined the automobile price-boosting parade with a 3% to 6½% increase...
...rubber industry, which a year ago cut tire prices 10% but later raised them, was getting ready to raise them again. Up went roller bearings, cable products, plastics, furs. Two-for-15? cigars (Bayuk) were boosted to 9? apiece. The Aluminum Co. of America last week granted a 10% wage increase, promptly raised the basic price of aluminum 1? a Ib. (to 15?), the first price increase in eleven years...
After that, the rest was easy. The coal operators caved in quickly and signed a contract which was a complete victory for John. It calls for: 1) a $1-a-day wage increase;* 2) renewal of a union shop; 3) a boost in the welfare-fund royalty from 10? to 20? a ton. Estimated cost to the operators: more than $200 million a year. Expected increase in the price of coal...