Word: backgrounds
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Dates: during 1950-1959
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...background fact of the steel strike is the U.S. economy's pressing need for a hold-down on production costs. Round-after round of wage boosts followed by price boosts has brought not only price upcreep at home but also loss of export markets abroad. Western Europe's rebuilt industrial plants, more modern on the average than the U.S.'s, confront U.S. industry with increasingly rugged competition. In late 1958, the U.S., for the first time since the igth century, became a net importer of steel instead of a net exporter...
Against the background of swollen costs and intensifying foreign competition, the steel industry, led by U.S. Steel's Board Chairman Roger Blough, decided to take a stand on two propositions in this year's contract negotiations with the United Steelworkers: 1) increases in wages and fringe benefits must be noninflationary; and 2) collective bargaining must become a "two-way street," with the union yielding management a freer hand in control of plant operations...
...steel strike-whether an economy beset by price upcreep will be subjected to another inflationary steel settlement, whether an industry already pressed by foreign competition should accept another upthrust of wage costs, whether collective bargaining is a one-way or a two-way street-still loom in the background, confronting the U.S. Government and the U.S. public with a demand for thoughtful answers...
...view next month at Manhattan's Midtown Gallery. The five reproduced on the following pages show the range and strangeness of his imaginings. ¶The Diver has as its setting a flooded rooftop on Pittsburgh's Polish Hill, with the Pennsylvania Railroad main line in the background. Key to the composition is the girl's arm, tenderly outstretched toward the skindiver. Koerner had in mind the sort of arduous wooing found in fairy tales, where the king sets a series of tasks for the princess' suitor. In this case, Koerner says, the king...
...executives often rise with giddy speed to their high perches, teeter briefly, then disappear with the first rough wind, it is perhaps because they have little administrative and command background for the big job. And so some hang on, but many fall...