Time Clock, Dec. 28, 1953

SIGNING of a "no-raiding" pact this week by the C.I.O. and the A.F.L. presidents does not necessarily mean union peace. C.I.O. chieftains have agreed to sign on the condition that their opposite numbers in the A.F.L. sign also. In many cases this means Dave Beck and his big (1,000,000 members) Teamsters Union. But Beck has no intention of signing in a hurry, may never sign.

FIRST new offshore oil field to be tapped since the tidelands were turned over to the states has been found at Newport Beach, near Los Angeles. Humble Oil & Refining Co. and Monterey Oil Co. have brought...

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!