Business: Strike Earnings

To 360,000 General Motors stockholders last week went the corporation's report for the first six months of 1937. It covered the most exciting six months in GM history. During the March quarter the No. U. S. motormaker was tied up in knots by the youthful United Automobile Workers of America. During the June quarter GM was harassed by almost daily wildcat strikes unauthorized by the union. Both GM and the union are freshmen in the art of collective bargaining, and for both the second quarter proved an expensive education—for GM in profits,...

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