Word: wage
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Dates: during 1950-1959
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...burst into an impassioned defense of the featherbedding privileges that the workers took for their own after bringing the Nationalist Revolutionary Movement (M.N.R.) to power in 1952. He demanded death for the Eder program ("He speaks the language of the English viceroy in India"), and an end to wage ceilings. In the wake of the speech the boliviano took its first serious flutter in recent months...
...week's 87% seemed about over; many steelmakers reported a pickup in orders. The good news came at just the right time. Steelmaker after steelmaker said the U.S. is in for another steel price rise, for the twelfth consecutive year since World War II, to offset an automatic wage rise in July. Some plugged for $10 a ton, claiming that last year's boost of $8.50 was insufficient. Others wondered whether the steel market could absorb another price increase without further slackening demand, suggested a smaller boost. The best guess: July's increase will approximate last year...
They admit that MIT wage rates are "slightly" higher than those at Harvard, but point out that the University lacks the income from government contracts which make possible higher scales. "And don't forget that our wage agreement comes up for revision at the end of June," adds Thomas F. Stone, president of the HUERA...
Harvard has traditionally held a place of leadership among Eastern universities in wage rates. "Every term in our contract hasn't always been better than others'," notes John Teele, "but we've consistently been on the upper edge...
Sullivan seeks a position of wage leadership for Harvard, but admits that two-year contracts both here and at MIT would make possible alternating wage leadership, which would satisfy the members at both