Word: wage
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Dates: during 1950-1959
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...ended two and a half years ago. Collective security has been powerfully strengthened. Our defenses have been reinforced at sharply reduced costs. Programs to expand world trade and to harness the atom for the betterment of mankind have been car ried forward. Our economy has been freed from governmental wage and price controls. Inflation has been halted; the cost of living stabilized...
...that the crowds have no place else to go. More than 1,000,000 (no one really knows how many) have rolled across the Chinese border since the Reds began rising to power. They ask only freedom and often get little more ($1 a day is considered a good wage in Hong Kong). Recently Wen Ko, a cultured former government official from Hunan, was crushed to death by a truck-while shoveling dirt as an earth coolie. To keep the flow of immigration under control, Hong Kong put into effect last March a quota that, in effect, admits one Chinese...
...formulation of policy. He is blamed by Republican right-wingers for helping to keep the Administration on a progressive course. In this, Adams takes a practical view: he realizes that the Administration simply could not survive if it failed to support such institutions as social security, minimum wage, and essential federal aid to health and education. But at the operative level, Adams' power is sharply circumscribed, by both his own inclination and that of his boss. Once policy has been established-by the President in public and private pronouncements, by the Cabinet and National Security Council, by the acts...
Management and employees are a little proud of the fact that G.M. was the first automaker to accept the labor-dispute umpire system (in 1940), first to hitch wages to the cost-of-living index, first to link wage increases to productivity. Last year G.M. lost an average (nationwide) of only three minutes in labor troubles for each wage earner. Today's happier version of the sitdown in Flint occurs when local U.A.W. leaders, G.M. brass and civic bigwigs sit down at a luncheon meeting to plot the Community Chest campaign...
...setting an example-Flint is farther away but getting closer. Britain, eying the freely competitive U.S., has this year been hearing its strongest parliamentary attacks on monopolies, and may wind up with the first antimonopoly bill in its history. Last summer, news of the U.A.W.-Ford guaranteed annual wage agreement rocked the national convention of France's 2,000,000-member Confederation Generate du Travail, and seriously weakened Communist control. In today's booming Federal Republic of Germany, an industrialist who has not been to the U.S. to study production methods is not seriously listened to. In Mexico...