Word: wsb
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...when the President came back to Washington, wrote Wilson, "you changed the plan we agreed upon," approving the WSB wage package but frowning on the idea of a compensating price increase for industry. Said Wilson: "This violates my sense of justice and disregards the principles of equity on which I understood our whole control program was based...
Does Anybody Win? Mrs. Celinsky's market basket was indeed the center of the long verbal war before the WSB's fact-finding panel. Was the basket, as Murray claimed, too scant for the growing output of her steelworker husband? Or would it, as Moreell and the industry argued, actually shrink-in spite of higher wages-because of higher prices that would result from them...
...Wage Stabilization Board, which ordered a nationwide wage freeze a year ago, last week got around to making the order stick. In Detroit, a regional WSB enforcement commission found the J. D. Hedin Construction Co. guilty of paying $40,000 in over-the-ceiling wages, the first such major decision since the freeze. It found that Hedin's bricklayers got $3 an hour for working on a Veterans Administration hospital when WSB regulations allowed only $2.75. The commission ruled that Hedin must pay federal income taxes on the $40,000, and ordered the VA to deduct the sum from...
...United Steelworkers started negotiations for their 1952 wage contract, the eyes of U.S. businessmen have roved between the negotiators' hotel room in Pittsburgh and the stabilization authorities in Washington. If Murray wins a settlement that sends steel wages and prices bursting through the frail barrier of WSB and OPS controls, other unions and other industries will charge after him through the breach. If Murray is turned down by either Washington or the steelmasters, he has threatened to call a defense-disrupting steel strike as soon as his present wage contract expires. This week, in a statement designed to give...
Putnam's ukases did not make a strike inevitable, despite Murray's threat. The union's wage demands, made public this week, would boost average earnings by 19? to 20? an hour; if these are trimmed to accord with the WSB formula, the stabilizers might give the nod to Murray's demands for fringe benefits (longer vacations, higher shift premiums) without undignified retreat. Murray is also asking that the steel companies guarantee to each employee with three years' service annual earnings equal to 32 hours a week for 52 weeks...