Word: warehousemen
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Dates: during 1960-1969
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...sure, many of the tan-jacketed traders are not speculating for their own accounts. They represent big customers-exporters, warehousemen, food processors-who use future contracts to hedge against fluctuations in the price of commodities...
Such inequalities are more than mere statistical curiosities. In Hawaii, the left-wing International Longshoremen's and Warehousemen's 'Union has been able to elect, and then to influence, legislators outside the heavily populated island of Oahu. The union therefore can ram almost any labor legislation through the legislature at the expense of Honolulu's underrepresented businessmen. Dominant farm legislators in Delaware have maintained a law that requires a farmers' market to be situated on a main street of Wilmington. Florida's Dade County (Miami) supplies 25% of the state's gasoline...
Such tributes stem from the fact that Bridges, far more than most labor leaders, has faced the challenge of automation. In 1960 his International Longshoremen's and Warehousemen's Union reached an agreement with management's Pacific Maritime Association. Under that pact the employers can introduce as many labor-saving machines as they wish - at a price of $5,000,000 a year in retirement and other benefits for Bridges' boys. The agreement is paying off for both shippers and dock workers...
...measure is objectionable on several counts. It transforms into law the inference that use of the Fifth Amendment is proof of guilt. It punishes non-government employees for using the constitutional guarantees which are their right. It contains unmistakable overtones of personal vengeance (The International Longshoremen's and Warehousemen's Association is headed by Harry Bridges, whom Chairman Walter has denounced publicly but has been unable to touch). It resuscitates, in short, the spirit of McCarthyism...
...lost through automation. If machines displace enough of them to cut the work week below 35 hours, the fund will make up the difference. The fund will also finance early retirement for longshoremen as the needed work force shrinks. In return, Harry Bridges' International Longshoremen's and Warehousemen's Union gave the employers a free hand to eliminate featherbedding and increase efficiency on the docks. The employers will now be able to determine for themselves how many longshore gangs are needed, the weight of slingloads of cargo, and the number of times cargo will be handled...