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They watched Chester Bowies' price line buckle again as Bowles reluctantly granted price increases in milk, butter and cheese which he estimated would cost the public an annual $250 million. They listened as U.A.W.'s Chrysler workers, who had won an 18½? wage boost in January, served notice of another wage demand. The Washington economists, who had hoped they could prevent a boom & bust, saw the spiral still spiraling upwards...

Author: /time Magazine | Title: THE NATION: The Mutter of the Bears | 6/10/1946 | See Source »

...them will be used to rebuild Unilever plants on the Continent, although they were comparatively little damaged. Some will go to pay N.V. stockholders a whopping back dividend of 29.6%, announced last week. Probably Unilever Ltd., which has never missed a dividend (10% in prewar years), will now boost its wartime rate...

Author: /time Magazine | Title: CORPORATIONS: Old Empire, New Prince | 6/10/1946 | See Source »

...terms: a 2½?an-hour increase (added to the 16? boost previously offered) in lieu of changes in working rules for one year (see Labor...

Author: /time Magazine | Title: The Decision | 6/3/1946 | See Source »

From Washington came one ray of hope. The Wage Stabilization Board gave copper producers approval to use a wage increase (not to exceed 18½? an hour) as a basis for a boost in prices. Up till then the strike-bound mining companies (Kennecott, Phelps Dodge) had refused to meet demands for an 18½? boost. The present 12?-a-lb. copper ceiling price, they maintained, was too low to meet these demands. To take care of this, OPA is expected to announce a boost in the copper ceiling price to 14.32? this week-enough, it hopes, to absorb...

Author: /time Magazine | Title: Business: Up Wages, Up Ceiling | 6/3/1946 | See Source »

They had been caught unawares. They had thought he was going to be sweetly reasonable. They had thought they could settle for at least an 18½ wage boost. They were ready to make a lot of other concessions. Then John Lewis attacked...

Author: /time Magazine | Title: National Affairs: The Moth & The Flame | 5/20/1946 | See Source »

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