Word: wage
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Dates: during 1960-1969
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...parliamentary lunch in Wellington, the President spoke of Viet Nam. "It is tragic that this war, this war of terror and bloodshed, must be fought before Asia can be fully free to wage the other war-against hunger and disease," he said. He put a question to the leaders of North Viet Nam: "What can be gained by continuing a war you cannot win? What can be lost by joining with your brothers in Southeast Asia in a different kind of war-a war for human dignity, a war for health and enlightenment, a war for your children and generations...
...Governor Clifford Hansen, 54, hopes to move from the statehouse to the U.S. Senate, is running hard for the seat of retiring Republican Milward Simpson, 68. Though Rancher-Banker Hansen can point to a fairly progressive record as Governor-including an increase in the state's minimum hourly wage from 75? to $1-he is unmistakably conservative. Stumping the state, he blames inflation on needless Government spending, advocates that U.S. military commanders be allowed to go all out in Viet...
...decree, Economics Minister Michael Stewart ordered a large electrical-appliance maker not to pay 200 employees a 5% wage increase that had been negotiated before the freeze went into effect. In the other, he ordered London newspaper publishers to cease paying a two shilling (28?) per-week cost-of-living bonus to 25,000 printers and production workers. Since installments of the bonus had already been paid, deductions from future paychecks would be necessary in order to keep the wage standstill completely intact. The newspaper union was outraged. Said a spokesman: "The government sows the wind and will reap...
...reason was that many stocks had been oversold and there were bargains to be had. Another reason, as the week went on, were encouraging words from Washington about one of Wall Street's nagging worries. The Street has feared for some time that Viet Nam might bring on wage and price controls, as the Korean War did, which would dampen profits and decrease stock values. But last week Commerce Secretary John T. Connor told a Washington conference that there was "no indication now" of controls being necessary. Administration Economics Adviser Arthur M. Okun put it more strongly. Said...
...living escalator clause that might add as much as 3%. But that was not enough for the union coalition led by the 79,400-member International Union of Electrical Workers and its new president, Paul Jennings, who was negotiating his first big contract. Jennings demanded reduction of regional wage differentials, arbitration of all contract grievances and a huge, 7% cost-of-living escalator. In the settlement - still subject at week's end to approval by the I.U.E.'s conference board - the union surrendered on the first two points, agreed to a 3½% escalator. In all, the three...