STEEL: U.S.A. Comes of Age

U.S. labor last week did something new: one of its major unions published a full, audited report of its finances, including exact figures on the income of every district and local, which too often hide their "take" from the public eye.

The union making this frank report was Philip Murray's United Steelworkers of America, admittedly one of the best-run labor outfits of the land. In taking the step, it threw overboard the tradition that unions cannot reveal district and local contributions, since they would give management important clues to membership, organizing drives, etc.

The steelworkers' 56-page financial statement revealed that U.S.A....

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