Word: settlements
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...Either Green or Lewis must step out in the final settlement, and although no positive statement can be made as to which man is the more popular, it is doubtful if Green would risk his position before an open meeting of both the industrial and craft unions,' he concluded...
...Alfred Reeves, vice president & general manager of the Automobile Manufacturers Association, predicted defeat for Homer Martin. Said knowing "Al" Reeves: "Manufacturers feel that Martin would be easier to deal with, but their chief concern is in a quick settlement . . . regardless of the winner...
...best of political terms. A story which gave an interesting line on each came out of Paris last week. Fundamental difference between the two is that M. Bonnet is an ardent appeaser of dictators, and dreams of being the central figure in a great general European "settlement," while M. Daladier has decided, at least temporarily, to yield no more to Germany and Italy...
Other portents: Settlement of the TVA fight (TIME, Feb. 13) apparently cleared the decks for utility modernization, and last week another major purchaser of producer goods-the railroads-seemed hellbent on a spending spree. Union Pacific announced a $15,000,000 expansion program-new rails, box cars, locomotives and remodeled coaches. Missouri Pacific ordered $1,500,000 worth of rails. All told, railway-equipment manufacturers said that already this year they had received orders for 375,000 tons of rails, only 25,000 tons less than 1938's total orders...
...upped to $78,600,000, speedily accepted by Wendell Willkie. Including cash and odds & ends, the deal netted C. & S. about $80,000,000, a figure it can increase by selling Tennessee Electric's water, ice and transportation properties, which TVA did not want. By & large the settlement was the best news the utility industry has had in years, gave the most genuine promise yet that utility baiting is nearly over...