Word: peak
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Last week PreWi got deeply involved in union trouble. The trouble began in New York where 46 employes, a sixth of Pre-Wi's staff, were laid off in a postwar economy retrenchment. (PreWi's traffic had slumped from its wartime peak of 430,000 words a day.) The C.I.O.'s American Communications Association promptly pulled the rest out on strike. Its contention: the company should have arbitrated the layoffs in advance...
...began in 1863 when the first John Batterson Stetson, the sickly son of a New Jersey hatter, joined an expedition to Pike's Peak for his health. On the trip he startled his companions by scraping fur off raw hides, chewing it up, spitting the juice through his teeth to produce crude felt. The broad-brimmed beaver hat that he made with the felt was the butt of all the camp's jokes. But on the way back Stetson sold it to a St. Louis bullwhacker for $5 in gold, thereupon decided to go into business...
Over Lac Leman the sun set in splendor. Mont Blanc's icy peak changed from red to grey to blue, finally faded into the falling night. The moon rose. From an old-fashioned paddle steamer, 400 UNRRA employes (who had taken time out from their Geneva conference for a boat ride) watched the grandiose spectacle in awed fascination...
...Federal Reserve Board's industrial production index for July was estimated at 172 or 173, two or three points above June's postwar peak...
There was little hope that Army discharges, now past their peak, would supply the needed men. Nor would the pool of unemployed; it was already down to 2,000,000. The hard fact was that the U.S. could not boost production much higher if it needed many more hands to do it. But it could if those at work did a better job. The hope now was for increased labor efficiency, like post...