Word: wage
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Dates: during 1950-1959
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...Most Intractable." The "national" papers, i.e., the London dailies, had worked out separate deals with the printers' unions and remained little affected until the ink-manufacturing workers, whose own wage scale is based on that of the printers, joined the strike. With only a few days' reserve supply of ink, the national dailies were immediately forced to cut their size. At week's end they pooled their ink reserves, but could hardly hope to keep publishing much longer. And with publishers and strikers reluctant to compromise ("This," said an official of the Ministry of Labor...
...industry was obviously in a strong position to weather a short strike. Realizing this, Big Labor was ready to trim its package-wage demands from a reported 15? to 20? an hour to about a dime. But there was little apparent progress in negotiations last week. Company bargainers held fast to their no-raise stand...
...objective is to conclude a contract that will involve no increase in the overall employment costs of the company," said Republic Steel's tough, plain-talking President Thomas Patton on TV's Meet the Press. Not only does the current contract provide high wages and benefits, contended Patton, but it also leaves plenty of room for further wage boosts through job promotions and incentive pay. Patton's proof: since contract negotiations opened just two months ago, average hourly wages have jumped from...
Ford's manifesto was the $5 wage for an eight-hour day. Says Bruckberger: "I consider that what Henry Ford accomplished on January 1, 1914 contributed far more to the emancipation of workers than the October Revolution of 1917." Though...
...revolution from which Europe has everything to learn is the social and industrial one. According to Bruckberger, the U.S. has defanged and debunked the class struggle. Europe's classical capitalist economists, e.g., Adam Smith, Ricardo, held that the worker was forever doomed to a ''minimum subsistence wage.'' Karl Marx said, in effect: ''Sheep of all countries, unite! Together we shall bring about the Revolution of the sheep and . . . eat the wolves.'' Quite apart from the typical European unrealism of this notion, Bruckberger points out, what the Russian people did, in reality...