After four weeks of secret negotiations with General Motors and Ford, the C.I.O.'s United Automobile Workers last week reported how much its guaranteed annual wage demands would cost.
To pay for G.A.W., the union wants the auto companies to put 4% of the payroll in a base year (probably 1953, since it was the industry's highest employment period) into a reserve fund for five years, or as long as it takes to pile up a sum equal to 20% of the payroll. When the 20% total is reached, payments would stop, would not be resumed until after the fund is...
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