Down Payment

U.S. industry last week began adding up the bill against the nation's economy for the month-long coal strike. Items:

¶ Members of John L. Lewis' United Mine Workers lost more than $100,000,000 in wages.

¶ The steel industry suffered a production loss estimated at 900,000 tons of ingots (equal to about 675,000 tons of finished steel). With about one-third of the 400,000 soft-coal miners still out, awaiting the court decision on John L. Lewis (see NATIONAL AFFAIRS), Iron Age estimated that the loss will reach 1,400,000 tons before normal production could possibly be resumed.

¶ General Motors announced that it would...

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