On Labor Day, Ford tooted its way into the traffic line of companies passing out wage boosts. The Ford contract, less than a year old, still had four months to go. But ever since Chrysler voluntarily gave its workers a 10¢-an-hour lift (TIME, Sept. 4), Ford saw a pay raise in its future. In a secret, three-day meeting with U.A.W. bosses, Ford rewrote its contract.
The new one gave 110,000 production workers 8¢ more an hour (13¢ more an hour for 16,000 skilled workers). It also promised another 4¢-an-hour boost for the final four years of the five-year contract, and...
To continue reading:
or
Log-In
