National Affairs: As Steel Goes . . .

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At week's end a long, black hired limousine rolled up the driveway to the East Wing of the White House. Out stepped stocky, red-faced Benjamin Fairless, president of the United States Steel Corp.

Eleven minutes later, a tall, stooped, grey man in a blue suit and maroon tie walked up the driveway, his face grave and drawn. It was Philip Murray, boss of the C.I.O. and head of its lusty United Steelworkers.

As they entered, both men were met by a uniformed doorman who took their coats and ushered them straight into the...

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