Word: wsb
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...Sham & Mockery." After Truman made his coal announcement, his WSB chairman resigned, the fourth man to leave that post within two years. Then five board members and two alternates, all industry representatives, quit...
Seven members of the Board left with Cox, after issuing a statement calling Truman's action "a shame and mockery." They were all industrial representatives on the WSB...
...other WSB members had previously said that to grant more than $1.50 would "irreparably" damage the whole stabilization program and result in substantial inflationary repercussions...
Truman appointed Cox to the wage job last August, soon after Congress, angered with WSB handling of the steel dispute, had stripped the board of much of its powers. The coal case was by far the most important Cox had handled in his three month term...
Next day, John L. Lewis ordered his men back to work at once. No doubt, he expected the WSB to be overruled after Election...