Word: contracting
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Dates: during 1950-1950
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...Midwest: the giant International Harvester Co. was switching to war production. A Kansas dealer said he had it straight from the home office, and helpfully passed the news on to a reporter. Not till after the story was printed did the facts come out: Harvester had signed a contract for some Army trucks, all right. But the order had been forthcoming for months...
...retirement in 1948 by the Red Sox, he lost the pennant on the last day of the season, two years in a row. Always hard to get along with, never a good loser, McCarthy rushed home at season's end last fall without even discussing a new contract. Last week, after his favored Red Sox dropped eleven out of 13 games, he finally gave...
...indignation against the oath order so solidly that the Regents were forced to compromise their position on April 21 by agreeing to an Alumni committee proposal acceptable to most of the faculty. Under this proposal the oath is not separately administered but is an affirmation included in each new contract of employment; the affirmation is essentially the same as the old oaths of non-membership in "any organization which advocates the overthrow of the government by force or violence...
...Press Club, he charted the path which the U.S. should follow to realize the full benefits of the new industrial society it has created. As a starter, he contradicted critics who charged that the 4?-an-hour wage increase per year in G.M.'s new five-year labor contract will add fresh fuel to inflation. The increase is neither inflationary nor deflationary, he stated: "Unit costs are not increased, since productivity is assumed to increase [about 2½% a year] at least as fast as hourly wages." The worker is thus given a fair share of the fruits...
...President Truman forced both sides to accept arbitration. 2. Lewis backed down, signed a contract identical with that of 1948. 3. Lewis won substantial wage and pension increases for the miners. 4. The back-to-work movement among the miners forced Lewis to call off the strike. 5. A federal court threatened the union with a huge fine unless the strike were stopped...