HIGH FINANCE: Strike Against Wolfson

Louis Wolfson, who normally loves the spotlight, was busy dodging it. He ducked a senatorial subpoena ordering him to testify in the strike of the Wolfson-controlled Capital Transit Co., which has forced thousands of Washingtonians to hitch rides or walk to work during the past two weeks. Despite the inconvenience, Washingtonians seemed almost solidly against Employer Wolfson and in favor of his employees, striking for a 25ยข-an-hour pay hike and other benefits. Crying that Wolfson was an "economic carpetbagger," Oregon's Democratic Senator Wayne Morse introduced a bill to strip Capital Transit of its franchise.

Even Capital Transit agreed that its...

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