Word: wage
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Dates: during 1950-1959
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...price stabilizer, Mike Di Salle is the man who is supposed to lasso prices at their highest level in history and hog-tie them-preferably by tomorrow morning, before the neighborhood A & P opens for business. He has to control prices, but he has no power over wages, on the other side of the balancing economic scales. He is supposed to keep food prices down, but the law prevents him from tampering with most farm prices. With one ear he has to listen to the complaints of wage earners and housewives over rising prices; with the other, he tunes...
Prof. A. M. Schlesinger, Sr. (history) also embraced the pay-as-you-go idea. He pointed out that the last Congress voted economic mobilization, price and wage controls, billions for rearmament, industrial preparedness and foreign aid, "but left pretty much unsettled how the gigantic bill should be paid...
WASHINGTON, March 14--The nation's top industrial and business leaders said today that while they opposed giving a proposed new wage stabilization board full authority to settle disputes, they would not walk out if such an agency is created...
...will not boycott any part of the mobilization effort," John C. Gall of the Business Advisory Council told a news conference at which management raised apposition to rebuilding the wage board as a "catch...
Johnston has been trying to set up a new wage board in order to persuade labor leaders to return to the mobilization set up. The old board, consisting of nine men, was disrupted when the three labor union representatives walked out. They objected to a wage ceiling approved by the public and industry representatives...