As steel goes, so goes inflation. Since Nov. 27, when the steelmasters and Philip Murray's United Steelworkers started negotiations for their 1952 wage contract, the eyes of U.S. businessmen have roved between the negotiators' hotel room in Pittsburgh and the stabilization authorities in Washington. If Murray wins a settlement that sends steel wages and prices bursting through the frail barrier of WSB and OPS controls, other unions and other industries will charge after him through the breach. If Murray is turned down by either Washington or the steelmasters, he has threatened to call a defense-disrupting steel strike as soon...
To continue reading:
or
Log-In
