Word: wage
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Dates: during 1950-1959
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...Bell report called for tax relation, enforcement of a minimum wage law, and reapportionment of crop shares for tenant farmers...
...Annex has no union or wage squabbles with the 700 workers workers who do most of the housework at the 'Cliffe. Instead the administration relaxes while undergraduate chairmen administer a compulsory student work program...
...Kindelberger says flatly that those who think that missiles would be a cheap way to wage war are dead wrong. The U.S., he likes to point out, has so far spent $300 million on guided missiles ("only a starter"), while Nazi Germany spent $2 billion in developing the V-2 rocket alone-"a comparatively simple device." Says Kindelberger, prophet of the push-button war: "The public has no conception yet of what the guided missile means. The time is coming when the defense of the U.S. will be pretty much automatic...
...stock for employees to buy at $20 under the market price (latest quotation: $150). They also approved an increase of common shares from 35 million to 45 million, and the raising of $435 million in new financing (TIME, Oct. 2). Such felicity proved catching. This week Western Electric granted wage boosts averaging more than 10? an hour, and the strikers went back to work...
...before the Economic Club in Manhattan rose Chairman Alan Valentine of the Economic Stabilization Agency. "Do we need drastic surgery such as general [price & wage] controls?" he asked. Professorial Dr. Valentine then gave himself a cryptic answer: "We shall soon know . . . as we observe a few test cases now under way in important fields." Valentine did not name the test cases, but it was a good bet that he was thinking about the steel industry, where a wage increase is sure to be followed by a price rise. Perhaps Dr. Valentine was trying to frighten other businessmen who had price...