10 AN HOUR: The Probable Steel Settlement


To clear the fog of conflicting claims surrounding the steel negotiations, President Eisenhower last week considered having the Government prepare its own "impartial" statistics for the public's guidance. But the Labor Department and other Government agencies quickly let it be known that they wanted no part of the job. Reason: they know that even statistics on such an apparently simple factor as productivity are open to wide interpretation. No matter what figures the Government settled on, federal economists feel, they would favor one side or the other, add heat rather than light to the debate between management and...

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!