Word: boost
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...their wish for Labor legislation. One important aspect of the Wagner Labor Act not involved in last week's decisions was the right of the Labor Board to order plant elections and give exclusive bargaining power for all to the representatives of the majority. With the boost given them by these decisions, no man doubted that it would be long before this right too is threshed out in the courts. Meantime, however, the Supreme Court had once more demonstrated Mr. Hughes's reverberating dictum: "The Constitution is what the Judges say it is." Last week nearly every lawyer...
...private bone to pick had the steel industry, for the President singled it out along with copper, as one of the commodities which had soared too high. The recent $6-per-ton boost, said he, was far more than was needed to cover increased labor costs. But the American Iron & Steel Institute figures that while higher prices will yield an additional $200,000,000, wages will be up $130,000,000; raw materials $85,000,000, leaving the industry $15,000,000 the worse. These calculations were on the basis of 1936 operations. With steel production now running...
Meantime the No. 1 U. S. papermaker, colossal International Paper & Power, has also been putting its corporate house in order, and for the same reason: a paper boom. After dragging bottom at $41 per ton, newsprint prices were increased slightly for 1937 contracts but the first real boost did not come until a fortnight ago when International announced a new price of $50 for 1938. A score of U. S. and Canadian newsprint makers promptly followed suit, while London's Lord Rothermere, a papermaking publisher, dispatched this cryptic cable to the Toronto Financial Post...
...years has been largely made in other types than newsprint, notably kraft and paperboard. Paperboard (boxes) accounts for nearly one-half the total U. S. paper production. So great is the current demand for paperboard containers that prices have jumped about 50% in the past four months, another boost last week carrying quotations to the highest level in ten years...
...Foreign Policy Association. Inc., No. 8 West 40th Street, New York City. Am re-reading that of May 15, 1936, on the U. S. Balance of International Payments. Like TIME, it is clear, curt, complete; essential reading for the alert citizen who wants to know the facts. The boost for Foreign Policy Association is merely incidental: I am not a member. RALPH W. WESCOTT...