Word: wage
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Dates: during 1950-1959
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Moving westward through Pennsylvania in The Federal, the private railroad car in which Woodrow Wilson rode to victory in 1912, he proclaimed out of the past that the Democrats had beaten the Republicans to social security, the minimum wage, federal aid to the farmer. Meanwhile, his managers had arranged for a national TV hookup so that he could reply to Eisenhower's speeches in Cleveland and Lexington. At Pittsburgh Stevenson stepped before the TV cameras for a speech billed as a "turning point" of the campaign, but his sharp thrusts at Eisenhower and the Republican social-welfare record were...
...camera manufacturers and British film makers might produce a colossus rivaling Eastman Kodak. This would not only make for better yet cheaper products and vastly expanded trade, but would help solve one of Europe's fundamental social and economic problems. In most European nations today, increases in real wages are blocked by the fear that they might make exports more expensive and less competitive. In a common European market there would be the same strong incentive to keep raising wages that exists in the U.S. -recognition that each wage increase stimulates new demand for the products of large-scale...
...last summer (TIME, July 30), President James J. Nance agreed with his benefactor, Curtiss-Wright Corp., that he would surrender his $150,000-a-year job. Nance also gave up a long-term contract that would have paid him $200,000 a year by 1961 plus a guaranteed annual wage of $40,000 if he left. In return, Jim Nance got a fat unemployment compensation settlement. The deal, disclosed last week: a $286,000 trust fund, an additional $75,000 plus for salary through Jan. 31. He also took over a $600,000 life insurance policy which the company...
Answering the charge that the Republicans have discriminated in favor of big business, Stassen pointed to the facts that employment has risen from 61 to 66 million under Eisenhower and that the average factory wage of workers has increased...
Significant dissention, however, was voiced by butchers, second cooks, and vegetable cooks, who received the lowest percentage increases--six, six and seven per cent respectively. Part-time general service workers benefitted most--with an additional eleven per cent--as the University moved to bring its wage scales for kitchen help in line with those at M.I.T...