Word: wage
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Dates: during 1950-1959
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...estimated $200 million (he once drew a $5,000,000 check) in Texas banking, oil, insurance and ranching. In the classic bob-and-weave, Blakley both deprecated his riches and boasted of them; after all, he said, his parents were poor and he was "earning a man's wage" at 14. Then he uncoiled some flickering jabs...
...foot in Panama, Milton delivered the welcome news that a joint U.S. House-Senate committee had just agreed to end the controversial double standard under which U.S. and Panamanian Canal employees are paid according to separate wage scales. His No. 1 mission, however, is asking questions and getting answers about Central America's economic problems, and he took along key men to help him with the job. With him were Roy Rubottom, Assistant Secretary of State for inter-American Affairs; Tom B. Coughran, Assistant Secretary of the Treasury; Export-Import Bank President Samuel C. Waugh; and Development Loan Fund...
...anticipation of a price rise this month. One small specialty producer, Pennsylvania's Alan Wood Steel Co., whose 800,000-ton annual production ranks it 23rd in the U.S., said it would boost prices an average $6 a ton, arguing that it could not absorb increased wage costs of 20? per hour on July...
...Steel, which has kept mum about whether it will raise prices to meet automatic July 1 wage hikes (estimated to cost steel firms 20? an hour), last week gave a hint of its intentions. Said Big Steel President Clifford F. Hood: "While costs are a major factor in any price determination, any adjustment of sales prices can only be made in the light of all known commercial and economic factors. The only point we have reached to date is not to attempt to change our prices until the situation clarifies itself...
...industry leader in raising prices, does not intend to hike its prices July 1 but will do so eventually. Steelmen are awaiting an announcement this week of the Consumer Price Index to tell them how great a cost-of-living increase they will have to add to their contract wage boosts...