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...September 16, the capital of the Fund had dropped to $14,000,000, and it was forced to suspend all payments. Three days later, the nation's 480,000 hard and soft coal miners left the pits in what the UMW called a "spontaneous" walkout. The immediate reason given for the walkout was the default on fund payments by the Southern operators and the new slogan, "no welfare, no work," was conceived. The walkout, however, included the Northern and Western mines which sent their regular monthly payment of $3,000,000 to the Fund on September...

Author: By David L. Ratner, | Title: BRASS TACKS | 10/11/1949 | See Source »

...moment had come. In a slower, creeping fashion-if the shutdown lengthened-unemployment would spread to railroads, auto plants, thousands of steel-dependent factories. In the wink of an eye last week, the nation's economic backbone was paralyzed by the first industry-wide steel strike since the walkout...

Author: /time Magazine | Title: LABOR: Pride & Prejudice | 10/10/1949 | See Source »

There was not even a rustling of hope in the U.S. coal fields. John L. Lewis' "voluntary" walkout hardened into a stubborn stalemate and his 480,000 coal diggers were morosely exhibiting John L.'s latest variation on an old theme-the no-day work week...

Author: /time Magazine | Title: National Affairs: The No-Day Week | 10/3/1949 | See Source »

That did not faze old John in the slightest. He had not even bothered to talk with the southern operators, some of whom had precipitated the walkout (say the miners) by withholding payments to the welfare fund. He still refused to discuss his new contract demands with the northern operators. (Best guess: a boost in the present royalty for the fund to 30? a ton, reduction of the present eight-hour day to seven with no loss...

Author: /time Magazine | Title: National Affairs: The No-Day Week | 10/3/1949 | See Source »

...strike had begun when dockers refused to unload two ships involved in a Canadian strike. The walkout on British docks persisted and spread. Prime Minister Attlee said the London stoppage was a maneuver in Communist "wrecking tactics." Attorney General Sir Hartley Shawcross called it "economic and political treason." The government ordered troops to load the ships...

Author: /time Magazine | Title: ECONOMICS: Dollars & Dockers | 7/18/1949 | See Source »

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