Word: copperizing
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...Mine, Mill and Smelter Workers was smelted out of the C.I.O. last year for following the Communist Party line. This week the I.U.M.M.S.W. pulled 58,000 workers off the job in more than 50 mines, mills and other plants in 25 states, and slowed U.S. production of defense-vital copper to a trickle. Defense Mobilizer Charles E. Wilson said the strike would "drastically curtail" production of tanks, guns and planes. Present wages of the union's men range from $1.31 to $1.62 an hour. Union demand: a general wage increase of 20? an hour, plus pension and other benefits...
When the I.U.M.M.S.W. walked out, many members of A.F.L. craft unions who work in the same mines and plants refused to cross picket lines, bringing the total idled to 100,000. Production of strategic lead and zinc was cut along with copper. With 95% of the country's non-ferrous metal mining production shut down, the union appealed to President Truman to seize the industry. Instead, the President asked the workers to get back on the job while the Wage Stabilization Board investigates...
Many industries far outstripped the average gain. Of 26 industries sampled by BLS, nine (including lead, zinc and copper mining, the synthetic fiber industry) showed a rise in man-hour output of 10% or more. Productivity in the anthracite coal industry was off 4%, but for all the mining industry, it was up 6%, equal to the total rise scored during the eleven preceding year's. Manufacturers' productivity rose 8%, compared with the normal...
Most companies are ready with a replacement when the top man dies. But Kennecott Copper Corp., largest U.S. copper producer, was a special case. Two years ago its president, E. T. Stannard, and his successor were both killed in an airplane crash (TIME, Sept...
...their new president, Kennecott directors took a chance on a man who knew nothing about copper. He was Charles Raymond Cox, 60, a rough & ready dynamo who had spent most of his life in the steel business, risen to boss U.S. Steel's largest subsidiary, Carnegie-Illinois. Cox brought in some new blood for Kennecott's executive ranks, expanded research, cut costs where he could. Under Stannard, Kennecott was a one-man show; Cox decentralized...