Word: wages
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Dates: during 1940-1949
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...that moment there had been good reason to hope for an early settlement. The board had denied a wage boost. Steel operators had been pleasantly surprised by the moderation of the board's recommendations. They were ready to sit down and talk when Phil Murray sounded his trumpet. Murray, in effect, was demanding that steel accept the board's recommendations first and bargain afterwards...
Philadelphia's ancient and grimy Re publican political machine has controlled the city for more than seven decades by judiciously keeping it corrupt and con tent. But two years ago, when municipal employees demanded $5,000,000 in wage raises, Philadelphia's bosses made a fright ful mistake. They passed the buck to a committee of fifteen prominent citizens. Instead of sportingly recommending tax boosts, the committee proposed that the city simply save the money by operating more efficiently. It began investigating municipal affairs to find out how it could be done...
Cripps said that the sacrifices involved in devaluation would be wasted if production costs were allowed to rise. By this he meant that appeals for wage increases must be rejected. The alternative would be "unemployment . . . bankruptcy . . . fear and misery." Nevertheless, wage-freezing in the face of rising living costs was the bitterest part of his message for home consumption...
Like the rest of the C.I.O.'s United Rubber Workers, the Norwalk, Conn, local was supposed to fight for a robust wage boost (25? an hour), pensions and other benefits. But when it started negotiating with the Norwalk Tire & Rubber Co., the union made a disturbing discovery: the firm, already in bankruptcy and operating in receivership, was so close to failure it might close up entirely if it had to stretch its payroll. At a special meeting last week, the Norwalk rubber workers voted, 124 to 45, to drop their demands and to take wage cuts averaging...
...swelled oil demand so much that the U.S. Bureau of Mines forecast greater demand this year than last. The bright outlook caused oil shares to pace the recent stock market upswing. The market got a new lift this week from the prospect of a settlement of the steel wage dispute (see NATIONAL AFFAIRS). In the first day's trading, steel shares gained as much as a point...