Word: steeling
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...steel industry, following its promise to President Harding that the twelve-hour day will be abolished (TIME, July 16), is settling down to the work of putting that promise into effect. During the past two weeks, the U. S. Steel Corporation, the Bethlehem Steel Corporation and others have had conferences and taken steps in that direction...
...foremost question was the adjustment of wages. Hitherto unskilled labor has been receiving 40?. an hour at the steel mills-$4.80 for a twelve-hour day. On a three-shift instead of a two-shift system, pay would be $3.20 for eight hours. It is improbable that the steel mills could secure workers at that wage. Hence, it was considered necessary to increase hourly wages at the same time that the working day was cut. After a meeting of the directors of the Iron and Steel Institute, Judge Elbert H. Gary, its President (also Chairman of the U. S. Steel...
...about 120,000, or 25% of the 480,000 men in the industry. The three-shift system, according to Judge Gary's calculations, will require 60,000 additional workers and add $45,000,000 a year to the pay roll of the industry, increasing the cost of steel...
...abolition of the two-shift system in the continuous processes does not mean the universal institution of the eight-hour day in the steel industry. There will be many workers who will work ten hours, some twelve hours-but for twelve-hour work "overtime " will be paid...
...question of where the extra men for the three-shift system will come from is one which the steel heads profess to find difficult. They are anxious to have the immigration law altered to admit more immigrants, which would help to keep down the prices of labor and probably decrease the chances of the industry's being unionized. President Grace of the Bethlehem Steel Corporation is one of those most insistent on the need for more immigrants...