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...that also mean that the Government would give the Government-operated plants a price rise? Not if Price Stabilizer Ellis Arnall could call the tune. Georgian Arnall lashed out at the companies for their insistence that the WSB benefits would add $12 a ton to production costs. Steel could have a price boost under the Capehart Amendment of $3 a ton, he declared, but no more. "I'm not going to any Munich ... If the price of peace is surrender and a steel price increase, we're not going to have peace . . ." The companies struck back with full...

Author: /time Magazine | Title: LABOR: Deadlock in Steel | 4/28/1952 | See Source »

...meat-packing workers, WSB approved a 9? increase to avoid a strike, even though 3? was the permissible limit...

Author: /time Magazine | Title: Business & Finance: Unstabilized | 4/21/1952 | See Source »

...Wright Aeronautical's workers, WSB (over the industry members' protests) approved a 12? hourly boost, even while admitting that its own cost-of-living rules would allow only...

Author: /time Magazine | Title: Business & Finance: Unstabilized | 4/21/1952 | See Source »

...maritime workers, WSB made an attempt at stabilization by approving only a 6% raise, v. the 8% agreed to by labor and management. But then WSB changed overtime regulations so that pay was actually boosted an average...

Author: /time Magazine | Title: Business & Finance: Unstabilized | 4/21/1952 | See Source »

...result of such decisions is that, instead of stabilizing wages, WSB has helped them go up more than its own rules permit, at least in big cases where political pressures are brought to bear. With the coal miners, brass workers, oilmen, rubber workers and others, all waiting in the wings for their new contracts, it looked last week as if the steel decision would be the most unstabilizing...

Author: /time Magazine | Title: Business & Finance: Unstabilized | 4/21/1952 | See Source »

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