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Fact or Guesswork? By examining General Motors' books, the fact-finding panel could obtain detailed information on 1) the company's recent costs and profits on war contracts, and 2) costs and profits in making automobiles four years...

Author: /time Magazine | Title: THE PRESIDENCY: A Policy Is Born | 12/31/1945 | See Source »

...board could estimate probable General Motors earnings under new costs (including wages), new selling prices and new market conditions. This is the "arithmetic" of the company's ability to pay-but it is more a matter of expert guesswork than of fact-finding. Any mistake in the panel's business forecasting, if used to determine wages, could prove costly to the company, or even to the union...

Author: /time Magazine | Title: THE PRESIDENCY: A Policy Is Born | 12/31/1945 | See Source »

...Whatever the President's pronouncement meant for the future, it had very definite results on the present. It undercut General Motors' contention that profits had nothing to do with the current wage negotiations. It was a sharp threat to the oil industry, where another fact-finding panel is at work...

Author: /time Magazine | Title: THE PRESIDENCY: A Policy Is Born | 12/31/1945 | See Source »

...much for a glimpse as for a complete physical. Others rush patients through their offices at the rate of twelve an hour. Some New Zealand lawmakers are considering putting doctors on flat salaries. But some experts think they would do better to adopt Britain's successful method of "panel doctors": let each doctor charge an annual fee for each patient on his list...

Author: /time Magazine | Title: Medicine: Prepaid Doctoring | 10/29/1945 | See Source »

...Mayor & the Governor. The strikers, led by double-chinned, mild-talking David Sullivan, onetime Irish Republican Army soldier and president of Local 32-6 of the Building Service Employes International Union, A.F. of L., were disgruntled at a WLB wage-&-hour ruling. A WLB panel had recommended hourly wage increases that, with shorter hours, would have kept weekly take-home pay at $30 to $35. But WLB modified the recommendations: the union said the Board's ruling would mean take-home pay of only $28 to $32.50. As is often the case when WLB decisions go against a union...

Author: /time Magazine | Title: National Affairs: Elevators Not Running | 10/8/1945 | See Source »

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