Word: wage
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Dates: during 1950-1959
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...rising costs lacks a certain validity, however. The officials of the Dining Halls have thus far failed in their effort to state why board rates might reach $630. At the meeting of the Administration with undergraduates on Monday, the director of the Dining Halls refused to divulge the average wage of workers. It is, though, the highest in the Ivy League--this has not yet been mentioned...
Smithies approaches the issue of the settlement in terms of its effect on the inflationary wage-price spiral. The toughened industry stand this year, he suggests, is due to their fear that the "pattern of periodic wage increases" will price them out of both the domestic and foreign markets. It is "terribly important to stop the wage-price spiral at this juncture," he said, by settling without a price increase. Chamberlin agreed that "the real issue of inflation is the reaction on other wages. Whether the price of steel will have to go up is "only a small part...
...union's wage-policy committee meets here at 10 a.m. EDT Monday to consider the reported offer which would give the strikers an 8-cent-an-hour hike in pension and welfare benefits in the first year of a two-year contract...
Confident that they had found a means of playing on the shortchanged feeling that many a $35-a-week British wage earner feels as he steers his motorbike among the Rolls Royces and Bentleys, Labor's orators claimed the Jasper scandal as certified proof that "the few" were skimming off the cream of Britain's prosperity. Tory Macmillan, a veteran campaigner with a shrewd feeling for the popular mood, was sufficiently discomfited to announce that the government intended to review Britain's companies act to see whether regulations against speculative operations such as Jasper's should...
Though the university won the wage battle, it lost out in attempting to maintain a 13:1 student-faculty ratio. Legislative fiat revised this figure to 15:1. (Harvard's ratio is approximately 3.1.) "Even if we received the salary increase, we lost out," Mather comments wryly, "since professors are not interchangeable parts. The type of thinking--that a 13:1 ratio means there are 13 students to each class--is completely wrong. This makes professors only teachers; they must have time to think up ideas." With so much time necessarily devoted to instruction, few members of the UMass faculty...