Word: contract
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...return for certain concessions, which included a promise to end work stoppages, OPM had granted A.F. of L. a virtual monopoly in the building field. Marred by a few wildcat strikes by a few undisciplined workers, the agreement had worked out pretty well, by & large. Was the Currier contract going to be allowed to spoil this happy state of affairs...
From Washington presently came a strangled cry: to give the contract to Currier would cause "a reign of terror" in the building trades in Michigan. In other words, A.F. of L. would probably strike $50,000,000 worth of building in the Detroit area, to say nothing of what it might do to defense projects elsewhere in the U.S. OPM's Hillman took the responsibility of making the final decision. Although the Currier Co. had already started work, Mr. Hillman ordered its contract withheld. Then came the hurricane...
...Practical Lord Beaverbrook, a man to inspire confidence, seemed to think the wordage was nothing less than a business contract. "The speed of the conference," he said to reporters, "indicates the speed of deliveries, and materials are already arriving. . . . We weren't dealing in the future but in the everpresent. I can't say enough about the fine attitude of the Russians. . . . They gave us all the necessary information. You'll find them very happy. You'll find them delighted with what we have done...
...severe. I.M.M. management has been under fire for years. Last June a stockholders' suit brought by Paul Wadsworth Chapman (one of the founders of U.S. Lines) was settled for $750,000. Chapman charged, among other things, that I.M.M. had given Tide Water Associated Oil an over-juicy contract to supply its oil. In the settlement, Tide Water agreed to forego $375,000 in accrued dividends. He further charged that in the early '30s, U.S. Lines contracted away its operating division to a concern headed by Kermit Roosevelt, son of T. R. Kermit's company was paid...
Meanwhile another housing mess appeared last week, involving OPM Associate Director Sidney Hillman. P. J. Currier, president of Detroit's Currier Lumber Co., month ago underbid competitors by $431,000 for an FWA contract to build 300 defense homes at Wayne, Mich. But he has not got the contract, he charges, because Hillman has virtually granted the A.F. of L. building trades unions a closed shop. Currier has a contract with the C.I.O. United Construction Workers. If he gets the job, A.F. of L. unions have threatened a Michigan-wide general walkout. FWA has asked OPM, Justice and Labor...