Word: wsb
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...Adlai Stevenson, the coal miners' John L. Lewis faced an unexpected and thoroughly embarrassing predicament. From Washington had just come news that the Wage Stabilization Board had cut the $1.90 daily-wage increase agreed upon by the mine operators and the United Mine Workers' soft coal diggers. WSB's ruling...
...Wage Stabilization Board seemed in no hurry last week to okay Lewis' new contract boosts. The problem was that the new wages would put miners' salaries over the maximum increase allowed under WSB regulations. But thousands of miners, irked at the delay, started to walk...
...machinists' union, which has the bargaining rights at Lockheed and Douglas. It served notice on Lockheed that it wanted an average boost of 16? an hour, refused to submit its demands to WSB. Lockheed said it could not offer more than the WSB pattern. Last week 25,000 (out of 33,000) employees struck at Lockheed's Burbank plant. Work on $1.2 billion in defense orders stopped...
...What can WSB do? The board is hoping that the coal, rubber and other industries will stand firm against demands for big boosts. If the companies don't-and many won't be able to in the light of the steel boost-WSB will probably find an put with "productivity" increases, i.e., raises to compensate for greater man-hour out put. It will probably turn out that the bigger and stronger the union, the bigger the "productivity" raise...
...troubles of WSB are nothing compared to those of OPS. Last week there was a rash of new price boosts-aluminum up 1? a lb., Kaiser-Frazer cars $54 apiece, cotton $5 a bale, manganese $40 a ton (which will boost the cost of making steel an average...