LABOR: Finesse

On the eve of the C.I.O. convention (see above), the War Labor Board confessed that the cost of living had risen 29-30%. This was quite an admission, since the Little Steel formula assumes that the cost of living has gone up only 15%.

Then, after the C.I.O. had started home after its week of oratory, WLB formally rejected a C.I.O. Steelworkers' eleven-months' attempt to abandon the Little Steel formula.

As usual, WLB seasoned its decision with concessions to the workers. Among them: better vacation schedules, more pay for night-shift workers (WLB raised their pay an average of 5ยข an hour). Once...

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