Word: wage
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
Curb or Cure. The Administration's specialists, testifying before congressional committees last week, argued that the way to stop inflation was first to control exports and allocate scarce materials to the most essential users. As insurance against a future turn for the worse, they also recommended price, wage and rationing controls and restored curbs on installment buying...
...Ultimate Solution." Eccles had his own remedies ready. One way to cure the disease, he said, was to reduce the money supply and thereby cut demand. He proposed: voluntary wage ceilings, lower profits (and lower prices), an end to Government support of farm prices (unless price ceilings were restored). To sop up excess credit, he wanted the Government to keep high tax rates and whittle the federal debt. To check the flow of new credit he wanted to raise the banks' reserve requirements and force interest rates...
...Black Briefcase. Many workers really needed wage increases to cope with inflation. The non-Communists among them were willing to give the new government a breathing spell before tackling the wage-price situation. The Communist leaders, however, wanted to use unrest over living costs to spike the Marshall Plan and put pressure on the London conference of Foreign Ministers. When Schuman offered a cost-of-living bonus if they would call off the strike, the Cocos refused...
...Certain wage increases, less than they have been asking...
Back Again. The Railway Express Agency, which got a $61 million annual rate increase in September, last week filed a request with the Interstate Commerce Commission for another 10% raise. The second increase, said officials, was needed to meet a recent 15½% wage increase...