LABOR: The Golden Harvest

The first of the golden apples began plopping down on U.S. labor a few weeks after Korea. Startled union leaders, who thought they had stripped the branches clean with wage, pension and insurance demands just last spring, looked up to discover the Korean mobilization had produced a whole new crop of juicy wage increases.

By last week unions were running with ladders, hooks, pruning shears and bushel baskets to get the pickings. In most cases just a little shaking of the tree did the work. All the big automakers raced to rip up their old contracts and raise wages. Some 750,000...

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