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...Swiss border, has traditionally relied on local farmers for workers. But this year, in full production and squeezed by a labor-tight France and a labor-short Switzerland, Peugeot had to grant a 5% wage boost and a bonus besides. In Copenhagen, when management gave in to a wildcat strike of women workers at the Tuborg and Carlsberg breweries, it was fined $15,000 (the maximum) by the Danish employers' association. The pressure to raise European wages is lessening the big gap between U.S. and foreign pay, making U.S. goods more competitive...

Author: /time Magazine | Title: Business: WORLDWIDE SHORTAGE OF SKILLED MEN | 7/18/1960 | See Source »

...Margaret a wry admonition: "Give my son 'Kell' all my personal be longings . . . except the ties, shirts, sweaters and socks, as it seems unnecessary to give him something of which he has already taken possession." After other warnings against a family tendency to gamble and speculate in wildcat stocks. Jack Kelly bade a moving farewell to all his loved ones: "Just remember, when I shove off for greener pastures, or whatever it is on the other side of the curtain, that I do it unafraid, and, if you must know, a little...

Author: /time Magazine | Title: People, Jul. 11, 1960 | 7/11/1960 | See Source »

...Navy planes had prouder records in World War II than those made by Grumman Aircraft-the Wildcat and Hellcat fighters and the Avenger torpedo bomber. After the Battle of Savo Island, James Forrestal, then Under Secretary of the Navy, declared flatly: "Grumman saved Guadalcanal." In the Battle of the Marianas, which pilots called "the turkey shoot," they downed 360 Japanese planes in a single day, the record...

Author: /time Magazine | Title: AVIATION: The Embattled Farmer | 7/11/1960 | See Source »

Died. Leon A. Swirbul, 62. a founder and president since 1946 of Grumman Aircraft Engineering Corp., whose morale-boosting labor policies helped the company, with its Wildcat and Hellcat fighters, lead the industry in World War II combat-plane production; of pneumonia while ill with cancer; in Manhattan (see BUSINESS...

Author: /time Magazine | Title: Milestones, Jul. 11, 1960 | 7/11/1960 | See Source »

...union, then became a hard-boiled strategist in a series of railway strikes. Nine of the 22 Sohyo unions -including the railroaders-are run by "secret" Communists, and they supply much of the marching manpower in the blocks-long demonstrations. Iwai's boys also helped out by wildcat strikes that stalled streetcars and commuters' trains. Japan, according to Akira Iwai, "is under the control of American and Japanese capitalists," and he opposes the Security Pact because it "can only antagonize our two powerful neighbors on the continent," Red China and the Soviet Union. Sohyo is nominally...

Author: /time Magazine | Title: Foreign News: THE MEN BEHIND THE MOBS | 6/27/1960 | See Source »

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