Word: wage
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Dates: during 1950-1959
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...used to meet G.M. friends for a Sunday round of golf, now only nod perfunctorily when they bump into the G.M. crowd at the Bloomfield Hills Country Club. G.M. blames Ford for giving in last summer to the United Automobile Workers' Walter Reuther on the guaranteed annual wage. Fordmen blame G.M. for keeping silent while Reuther turned on Ford first...
FREIGHT-RATE INCREASE is in the offing. A presidential fact-finding committee has recommended a 16½? hourly package increase for 750,000 nonoperating employees (their present average hourly pay: $1.78). To offset rising wage and material costs, U.S. railroads will ask the Interstate Commerce Commission to okay a 7% freight-rate boost...
...attack against the working class." Apparently the remaining shop owners, who are forbidden to close up their businesses while the government exacts a confiscatory tax on all their sales, are guilty of all manner of capitalistic vices. Sample sugar-coated bullet: "evilly increasing salaries." The evil of a wage raise, Hsinhua Daily explained, is "in eroding the thinking of the . . . workers, in softening their fighting spirits...
Last September, non-Communist negotiators sat down with managers of the biggest nationalized industry in France, the Renault automobile company, employer of 51,000 workers. They agreed to a generous new wage contract: immediate wage boosts of 5%, automatic wage hikes tied to the cost of living and three weeks of paid vacation. At this point, the Communist union, which is strong at Renault, found itself enmeshed in ideological confusion. Basic to Communist theory, even if it is hard for workers to understand, is the notion of "progressive pauperization." Under this theory, any substantial gain the workers get must...
...Renault automobile workers, the new wages looked good. Last week the CGT masters reluctantly reversed their classic Marxist line and endorsed the wage contract...