LABOR: Deflated

(2 of 2)

To U. S. Labor last week came news it had long feared. In the great mill cities of Pittsburgh, Gary and Youngstown, in dusty mining centres of the West, in congested New England textile cities, many a foreman broke the news to his crew: Pay was cut, in most cases by a round 10%. Leader of the movement was United States Steel Corp. (see p. 47). In quick succession similar steps' were taken by Bethlehem Steel Corp., Youngstown Sheet & Tube Co., National Steel Corp., Inland Steel, Jones & Laughlin Steel Corp.,...

  1. 1
  2. 2
  3. Next Page

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!