Word: hike
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When the United Steelworkers' convention last September took up a resolution to raise members' dues from $3 to $5 a month-and incidentally hike President David McDonald's pay from $40,000 to $50,000-the union president twice reminded the delegates that he did not want the money, but carefully added: "It's only a penny a man per year." After three votes -by voice, show of hands, finally by standing-McDonald declared the motion "carried by an overwhelming vote." He refused permission for a roll-call vote, and delegates went home grumbling that...
...setting up L.C.A., Satenstein took his cue from the Boy Scouts. If youngsters will work and hike and study to earn Scout merit badges, why can't they be induced to read for similar rewards? To each of its chapters, L.C.A. sends free buttons, pins, banners and certificates. After reading four books, a pupil gets a plastic membership button. Six more books bring a bronze-coated honor pin, and eight more bring the gold-plated life membership button. L.C.A. makes no attempt to dictate what books are to be read, lets local teachers and librarians improvise on the basic...
...been hard hit by the money shortage. Home building is down to an estimated 1.1 million units this year with 1957 estimates lower. To bolster the market, Housing Administrator Albert Cole hopes to get increased lending power for the Federal National Mortgage Association. Furthermore, he plans to urge a hike in Veterans' Administration and FHA interest rates of another ½% to 5% to make mortgages more attractive to investors and ease the money pinch for builders...
PULLMAN FARE HIKE of 7% starts Jan. 1 on railway sleepers if ICC approves. Pullman Inc. says raise will add $6,500,000 to annual revenue, offset higher costs...
...midweek the harassed steelworkers went to court, asked for an injunction to force Dolores to return the keys to the union's files. They also indicated that they would forgive and forget if Dolores would come back, even offered to hike her weekly wage from...