Business: Steeling for the Showdown

Out from the nation's steel mills last week marched 30,000 wildcat strikers, defying the two-week truce in steel framed by President Eisenhower. Thus did the rank and file put pressure on management for a settlement. United Steelworkers' President David J. McDonald, who had just appealed for "some negotiating statesmanship." immediately ordered the wildcatters back to work. But the short walkouts at major mills such as U.S. Steel's Fairless works and Jones & Laughlin's plant at Aliquippa, Pa. cut holiday week output to about 80% capacity.

Steel users eagerly snapped up that production as a...

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