BUSINESS & FINANCE
The time had come, Philip Murray told the President, when C.I.O. had a right to ask a 20% increase in basic pay. Thus Labor last week opened its pre-reconversion drive for higher pay rates.
Labor's reasons were simple enough. With cutbacks in war production at hand, overtime is already becoming a thing of the past in many plants. For workers who have to leave war production to go back to civilian production, with its generally lower pay rates, the size of the pay envelope is likely to shrink even more. Only higher pay rates can...
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