Word: striking
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Dates: during 1950-1959
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Instead, United Steelworkers' President Dave McDonald asked that Ike abandon his objection to direct Government intervention, proposed that the President instruct his Taft-Hartley Board of Inquiry to recommend a strike settlement. If the Government would take that unprecedented step (not provided for under Taft-Hartley), McDonald pledged vaguely, the steelworkers would bargain "within the framework of the board's recommendations." U.S. Steel Corp.'s R. Conrad Cooper, chief negotiator for eleven major steel companies, promptly blasted McDonald's suggestion as "just one more attempt" by union leaders "to avoid their own great responsibilities by seeking...
...agreed to total disarmament, the report went on, Communists could gain world supremacy through easy-to-conceal production of relatively few weapons. But the U.S. and the U.S.S.R. could profitably agree on strategic forces "limited to retaliatory systems capable of surviving a first strike, though insufficient for employment in a first strike." If neither side built enough arms to wipe out the other's retaliatory power, argued the report, the world might reach a "high degree of nuclear stability," a real stalemate rather than one favoring the Russians over the next decade...
...even a sound disarmament treaty and a U.S. retaliatory force able to deliver the second strike would offer no permanent security in an age of weapons revolution. The only safety lies in getting ahead and staying ahead of the Russians...
...Mateos' conservative streak showed through, too, in his tough dealings with labor, notably in crushing a railroad strike and jailing the leaders for indefinite terms. More surprising, LÓpez Mateos has shed the suspicious isolationism traditional to Mexican Presidents. After a friendly trip to the U.S. and Canada, he is seriously considering a U.S. request for a tracking station, as a part of Project Mercury, on Mexico's west coast. Soon he will visit Venezuela and Brazil, and he is thinking of a later visit to Moscow and other European capitals...
After a year of the tightest money since the 1920s, the U.S. last week experienced a slight easing in the general demand for funds. It was partly due to the depressing effects of the steel strike and industry's uncertainty about investing heavily in inventory before a settlement is reached. But the Federal Reserve Board also eased money to take care of the usual extra demands around Christmas by permitting member banks to count a percentage of their vault cash as reserves, thus in effect adding some $1.4 billion in lending power...