A new battle was joined in the wage-price campaign. As it had last year, labor struck first at autos and steel.
In Detroit, Walter Reuther made his demands on Chrysler: 23½¢ more an hour, with enough fringe raises to bring the total to 30¢. In Pittsburgh, Phil Murray was dickering for a "substantial increase" for his steelworkers. Now, as last year, labor insisted that higher living costs must be met with higher wages.
But by last week there were indications that both labor & management were trying hard to avoid the mistakes that sent wages chasing prices in an exhausting spiral...
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