THE ECONOMY: Unfinished Business

"America will not—indeed, it cannot —tolerate for long the crippling of the entire economy as the result of labor-management disputes in any one basic industry," said the President midway in the speech delivered from the White House just before he took off for Europe and Asia. "The choice," said he, "is up to free American employers and American employees. Voluntarily, in the spirit of free collective bargaining, they will act responsibly; or else, in due course, their countrymen will see to it that they do act responsibly."

After that stern admonition, Ike affirmed his faith in free collective bargaining by...

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