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...industrial birth came to a halt. The New Deal put a floor under wages, a ceiling on hours and gave organized labor enough encouragement to worry Southern mill owners. At the same time, U.S. capitalism itself was undergoing basic changes of attitude and method. More & more industries discovered that well-paid employees did better work and bought a lot more of everybody's products. It is the South's good fortune that the second phase of its industrial expansion comes in a period of enlightened industrial relations unprecedented in history...

Author: /time Magazine | Title: THE SOUTH: The Enlightened Revolution | 12/10/1951 | See Source »

...Hear This ... In Pelham, N.Y., School Superintendent William W. Fairclough refused to accept a salary boost of $3,100 a year, insisted that he was already well-paid...

Author: /time Magazine | Title: Miscellany, Oct. 30, 1950 | 10/30/1950 | See Source »

...paper, at least, the control of the Journal is not in Grant's hands, but in those of his fanatically loyal and well-paid employees. Shortly after he bought the paper, he set up a plan through which employees could buy stock. They now own 55% of it,* all that is available under the plan. "If they don't like me," says Grant, "they can fire me." But since most of the employees sign over their voting rights as a matter of course, he slyly adds: "I, of course, control 96, 97, 98% of the proxies...

Author: /time Magazine | Title: The Press: No. I | 10/2/1950 | See Source »

...Evening Standard's mare's nest about [Strachey]." Last week, a new attack on the Beaver came from within his own journalistic family. James Cameron, 39, who has averaged 100,000 miles a year as chief roving correspondent for Beaverbrook's Daily Express, quit his well-paid (?3,000 a year) job. In a letter to the London Times, Cameron said: "We have now set the precedent for the purge-by-Press, which [can only end] in a race of people talking behind their hands, knowing that the words they said yesterday, in a very different world...

Author: /time Magazine | Title: The Press: Mare's Nest | 3/27/1950 | See Source »

...required to keep their own checking accounts at the school bank from fifth grade on, are marked for proficiency in keeping track of where the money goes. Dr. Templin has no patience with parents who prefer their daughters to "marry a white-collar moron instead of an intelligent well-paid artisan." Homemaking has first priority; girls begin learning to sew in the third grade, to cook in the fifth. "I don't see how any boy has the nerve to get married today on what the average girl expects," says Dr. Templin. "A large number of our appalling divorces...

Author: /time Magazine | Title: Education: Lucinda's Arsenal | 3/27/1950 | See Source »

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