Word: worke
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Dates: during 1950-1959
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...wage increases and fringe benefits slightly (to 30? an hour by the companies' reckoning, spread over three years); 2) increased cost-of-living increases to a maximum of 8? v. 3? previously offered, and 3) proposed a two-man union and management committee to try to solve work-rule problems. If no agreement is reached by June 30, the questions will be submitted to arbitration...
Steelworkers' President David McDonald dismissed the offer as "the same old package," insisted that by the union's figuring the actual cash value of the offer was still no more than 24 ?. As for the softer approach to work-rule reform, McDonald said it only made it clearer that the companies were out to take away "our hard-fought gains...
...when most men are put out to pasture, Hall still operates like a one-man gang, working seven days a week, making the decisions, supervising every aspect of his business. "I used to think." says the lean, balding Midwesterner, "that when I got old, I would not work such long hours, but here I am." He approves every idea, each sugary line on each card in his huge assortment. He keeps constant tab on the profit sharing, health insurance, hours and pay of his some 5.000 employees, even inspects the food served in the company cafeteria. When he rejects something...
Born in David City, Neb., Hallmark's Hall started work at the age of nine selling lemon-extract perfume to help support his mother, worked on through high school selling postcards and helping in a bookstore. By 1912, he was in Kansas City, determined to make a go of greeting cards. The venture almost died as soon as it started; Hall was $17,000 in debt when a flash fire wiped out his printing plant. Luckily, he was able to sweet-talk a local bank into an unsecured $25,000 loan, and he has not taken a step back...
...Beers, however, could not file permanent patent application on its process until it was sure that it could produce the synthetics on a sustained commercial basis. While De Beers continued work on the project, G.E. was taking approximately 10% of the U.S. industrial-diamond market away from De Beers' natural industrial stones, indicated that it could supply half of the U.S. market for industrial diamonds. Synthetics are not only priced lower than natural stones, but manufacturers say that in many cases they are substantially more efficient...