Word: wage
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Dates: during 1940-1949
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Recent developments, Professor Black added, make any precipitous rise in public spending particularly dangerous now. Pointing to numerous wage increases, particularly in the basic industry of coal, Professor Black saw a spending increment made possible by terminal leave cash as an ominous inflation threat...
Retaliation. In Palermo, Sicily, street cleaners who were denied a wage boost toured the town redistributing the garbage they had collected the day before...
Almost all of John Lewis' 400,000 soft-coal miners were back at work this week with the best contract in their history. His 75,000 anthracite miners had revamped their own unexpired contract to bring it into line. Not only had Lewis won more than twice the wage gains of other labor leaders, he had also punched a yawning hole in the Taft-Hartley...
...books proved that a major portion of this surplus was invested in inventory. They also showed that the company, since V-J day, has invested hundreds of thousands of dollars in designing and tooling new model machine tools. Both these points, to us, spell job security. A general wage increase at this time would put an undue strain on the company's resources." The union withdrew its 15?-an-hour demand, settled for six paid holidays (equivalent to a 3?-an-hour raise). In September, when the present contract expires, the union will decide whether to renew its wage...
Last week, the railroads said they needed another billion in the form of an additional 16% average increase (25% for the eastern railroads, 15% for the southern and western territories); the first billion was all spent on higher wage and material costs. As an example of their need, the Pennsylvania Railroad turned out its pockets. It had lost $10,438,824 in the first five months...