One month after signing its first contract with a national press association (United Press) and its first contract with a Hearst paper in New York City (Mirror), the Newspaper Guild last week signed a one-year contract with TIME Inc., covering 350 employes of TIME, LIFE, FORTUNE, ARCHITECTURAL FORUM and the MARCHES OF TIME (radio and cinema). Some provisions: five-day, 40-hour week, with equal time off for overtime; severance pay of one and one-half week's peak salary for each six months of service up to a maximum of $5,000. Minimum wages: $20 a week for untrained office boys; $35 for darkroom assistants,...
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