Word: wages
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Dates: during 1930-1939
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...full year, the new contract may be reopened on ten days' notice by either side, and if no agreement is reached within the next 20 days, the contract lapses. In effect, this means that U. S. Steel may, at any time, ask the union to accept a wage cut, and if the union does not accept, proceed to put the wage cut into effect. Under the straight one-year agreement wages could not be cut during the life of the contract...
...steel industry were operating at 80% capacity instead of 30% as it is, this escape clause might be ignored by the steelworkers as an immaterial legalism. But both John Lewis and the steelmasters have proclaimed the indivisible relationship of wages and prices. And a few hours before pens were put to the Big Steel contract, price-cutting broke out in Little Steel, with the announcement of a $4-per-ton reduction on cold-rolled sheets, an important item to the automobile industry (see p. 63). If price-cutting becomes general, U. S. Steel and the rest of the 500 companies...
...Lewis tried to put the best face he could on the contract with an optimistic declaration thai: "it preserves the current wage structure." But he devoted most of his statement to his old line of buttering up Steelman Taylor. Said Laborman Lewis: "The fact that our minds were able to meet on questions of principle and policy is a tribute to Mr. Taylor not only as a leader of industry but as an American devoted to the furtherance of ration,: relationships and national stability...
This year, Bob Murphy and Ed Howitt wage terrific battles for second and third place in the 440 while Frank Coleman wins by a large margin. While Hutter runs away with the 100, it's Freddie Griffin who has the real race on his hands for the lesser honors. Ray Benedict always has to work his head off in the 220 while Digger Kendall coasts to a record, and Jack Kennedy in the backstroke, Jim Munroe and Phil Walker in the breast, and Forbush and Synder in the dive, are never sure of their places unless they...
Unlike U. S. baseball, there are no highly-paid prima donnas in soccer. All players receive a standard weekly wage (?4 to ?8), are seldom singled out for acclaim by sportswriters. The team is the thing. Arsenal, the most famed team in England, draws the largest crowds, makes the most money and gets the biggest headlines. Its director and part owner, paunchy, jowled George Allison, brought to British soccer in 1933 the flair for publicity he learned during 22 years as a London journalist for William Randolph Hearst. Into his new million-dollar stadium, Director Allison, a onetime Yorkshire soccer...