Word: fiat
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...three decades the great Fiat works at Turin, Italy's biggest single industrial establishment (automobiles, aircraft engines, refrigerators) has been a fortress of Communism in Italian labor. The first revolutionary factory councils at Fiat grew into the CGIL, the giant Communist-run labor federation. Neither Mussolini nor the Nazis were able to stamp out all the Red cells at the Fiat works. At World War II's end the Communist leaders in Turin emerged as resistance heroes, began throwing their weight around like a trampling herd of elephants. Year after year they elected an overwhelming majority...
...including the Communists themselves. They had sent in their leading labor orator, Giuseppe di Vittorio, and they had campaigned hard. They knew that their union strength in Italy was slipping (from 90% of the workers in 1949 to 60% last year). Yet Togliatti's Communists felt that the Fiat fortress was safe. When 49,600 Fiat workers balloted last week, the Communist vote fell a surprising 27%. The Communists, who previously had 100 shop stewards, elected only 55. The two non-Communist unions between them elected 133 stewards...
Premier Mario Scelba, who was visiting the U.S., rejoiced when he got the news in Washington. Said Turin's Fiat-owned La Stampa: "For some time we have felt that something new was brewing in the union labor pattern in Italy. These election results give glamorous evidence of what that something...
...have to fear is fear itself" injected the adrenaline of confidence into the fluttering heart of the nation's economy. It was followed by the wonder-and-blunder drugs-NRA, AAA, PWA, etc.-of the "First Hundred Days." The New Deal was born more or less by executive fiat, but Will Rogers probably echoed the electorate when he wrote, "I don't know what additional authority Roosevelt may ask, but give it to him, even if it's to drown all the boy babies . . . It just shows you what a country can do when you take their...
...FIAT will soon be put on the European market to compete with Volkswagen and Renault. To replace the famed Topolino as its smallest and cheapest car (TIME, Oct. 18), Fiat is rolling out the "Popolare." The boxy, four-passenger, 21.5-h.p. lightweight (1,234 lbs.) car is tagged at $944 before taxes in Rome, v. $1,090 for the Topolino. Current production of the Popolare...