Time Clock, Feb. 20, 1956

SHOCK TREATMENT is being tried by federal mediators in the Westinghouse strike. After agreeing on a settlement formula, both sides insisted on so many stipulations that the mediators walked out on the negotiations to drive home the point that the 18-week strike is not the Government's problem; it can be settled only by union and management working for the benefit "of those 55,000 guys pegging around the sidewalks."

SHIPPING SUBSIDIES will be extended to U.S. lines using the St. Lawrence Seaway. To forestall a trade monopoly by foreign-flag freighters, whose costs are lower, the...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

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