Business: Big Stakes in the Auto Talks

A.F.L.-C.I.O. President George Meany, who has just turned 76, last week propounded an unexpected proposition at a celebratory steak-and-martini luncheon with a group of Washington newsmen. "We find more and more that strikes really don't settle a thing," said the titular head of the American labor movement. "Where you have a well-established industry and a well-established union, you're getting to the point where a strike doesn't make sense." By Meany's reckoning, the right formula in such circumstances is for both sides to submit all unresolved issues in collective bargaining to binding arbitration.

His...

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