Word: wages
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Dates: during 1940-1949
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After three days, many of them were. Both sides had yielded a little; wage talks were begun. A measure of quiet returned to the frantic halls of the haute couture...
...Jolla pays its top stars an Equity minimum wage (lesser names get their regular price), sticks to a modest budget and limits itself to one set per production. But sometimes Hollywood will out. When Jennifer Jones starred last season in Serena Blandish, Angel Selznick insisted on surrounding his favorite actress (later to become his wife) with a cast that included Cinemactor Louis Jourdan and such polished stage veterans as Constance Collier, Mildred Natwick and Reginald Owen. He also insisted on gowns by Jacques Fath and five sets. The show drew capacity crowds throughout its run-and lost several thousand dollars...
C.I.O. Economist Robert Nathan, hired to provide the respectability of statistics for labor's case, admitted there could be no such thing as a uniform wage increase this year. Said Nathan: "Some companies and industries can afford much more than others and some few cannot afford any raise and remain in business." Instead of concentrating on more money, most union demands centered on what used to be known as "extras"-health insurance, pensions...
...stalked out of a negotiating session, throwing up his hands in despair. Actually the mediation meeting had lasted only 2½ hours. Phil Murray, out for big game, refused to budge from his insistence on discussing pension demands (although, under the contract, he was only entitled to open wage and insurance negotiations this year). Profit-fat steelmen* as stubbornly dragged their feet on wages as long as the union wanted to talk pensions, too. At that deadlocked point, Murray looked hopefully to the White House...
Some economists thought that putting food prices back into free play was a step in the right direction toward correcting Argentina's out-of-balance economy. Labor unions did not think so. They announced that they would seek a new round of wage increases...