Word: hike
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...Cambridge City Council recommended yesterday a 10 per cent across-the-board salary hike effective October 1 for all City employees, and Councillor Walter J. Sullivan indicated that new taxes on Harvard, Radcliffe, and M.I.T. may pay for the increase...
...taking Di Salle at his original word, had declared himself a candidate for the nomination. Angry when Di Salle put himself back in the running, McElroy hooted at Di Salle's "fumbling, faltering re-entry," and has been slashing at the Governor ever since. He calls him "tax-hike Mike" and a "quarrelsome master of deceptive invective," a man who "wisecracks a smokescreen of mirages to hide his failures...
...Hater. Kennedy had been unable to recoup the Cuba disaster, and the defeat still rankles deeply. But he was certainly able to fight back against Big Steel -and he meant to do just that. To Kennedy, U.S. Steel's price-hike decision was a personal affront. Through Secretary Goldberg, he had all but presided over U.S. Steel's labor contract negotiations. He had personally urged both labor and management to exercise "restraint." His Administration had persuaded United Steelworkers' President David McDonald to agree to a "noninflationary" contract: it included no wage raise, called for an increase...
...newsmen had indeed all attended the Bethlehem stockholders' meeting, but what they had reported was far from earth shaking. Two of the men-the AP's Linder and the Wilmington Journal's Parks-had put Bethlehem President Edmund F. Martin on record as opposing any price hike...
...Steel itself, it has turned in handsome after-tax profits of 5.7% to 9.5% on its sales every year since 1953. Part of the reason is that Big Steel has followed every wage hike since World War II-except those negotiated in early 1960-with an even bigger price rise...