Word: bargain
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Dates: during 1950-1959
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...haul was made by Wellington's druggists, for the Red sailors swept the shelves bare of laxatives, and even bought up patent medicine that had been gathering dust for years. At week's end the Russians went back to their ships laden like housewives returning from a bargain sale, and the fleet steamed out, headed for Odessa and home...
...aside from Scott, the finest acting was by Mark Mirsky and Arthur Lewis, as Gloucester and Kent. Gloucester is essentially a less exalted and more human Lear; Mirsky sustained this perfectly, and managed to dodder convincingly in the bargain. Lewis made a secondary role important with a stalwart, knowledgeable and nicely articulated performance...
Labor's strongest opponent of industry-wide bargaining is the U.A.W.'s Walter Reuther. Once when his union was weak, he argued long and loud for industry-wide bargaining, hoping thus to get more prestige-and members-for his union. Now, says Reuther, "there is no way they can force us to bargain on an industry-wide basis." Industry-wide bargaining would cost Reuther his major weapon in wage negotiations: the "key bargaining" tactic by which he singles out one company for attack, then uses that settlement as a pattern for the others. In 1955, at the last...
...best arguments for industry-wide bargaining is the way the idea has worked in practice. Of more than 125,000 collective-bargaining agreements in effect last year, roughly one-third, covering 40% of all organized U.S. workers, were negotiated between labor unions and groups of employers. Though only a few businesses, such as the garment industry (TIME, March 17), bargain on what amounts to an industry-wide scale, dozens of others negotiate contracts through associations of from two to 20 or more companies. The trend is particularly strong in service and construction industries, where both union and management groups like...
...other industries, a few of the biggest companies have also banded together for mutual protection. Libby-Owens-Ford and Pittsburgh Plate Glass, which comprise 95% of the plate-glass industry, got tired of seeing their wage scales leapfrog because of individual bargaining, feel that they have done much better since they decided to bargain together after a strike in 1936. Said a Pittsburgh Plate Glass executive: "We saw it as a means of protecting ourselves against the union's whipsawing tactics...