Business: Monument In Coal

Outside the mining town of Beckley, W. Va. one afternoon last week, the deep-throated voice of John L. Lewis rumbled over the heads of 5,000 listeners and bounced sonorously back from the green mountainsides. In a chill drizzle, the United Mine Workers' boss warmly hailed a "new era of peace" that had brought forth one of the most impressive social landmarks in U.S. industry: a chain of ten hospitals in three states, built and operated by the U.M.W.'s welfare and retirement fund. As Lewis dedicated the chain to "those who suffered and died before us," patients and doctors watched intently from...

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

Learn more about the benefits of being a TIME subscriber

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