STRIKES: A Bishop v. Farah

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Because of El Pasos high employment turnover, Farah has had no trouble replacing those who left their jobs and may yet break the strike. The largest private employer in the city, he has the backing of other local business leaders. But the Amalgamated Clothing Workers, known as a nonstriking union, sees El Paso as the center of the nation's largest unorganized group of clothing workers and has already spent more than $2,000,000 to further the strike and boycott. Several days ago, at the annual stockholders' meeting, Farah glossed over a 17% decrease in sales for the first quarter of the company's fiscal 1973 and optimistically forecast that new merchandising policies, "which I will describe later," would "restore profitability." An El Paso priest, Father Jesse Munoz of Our Lady of the Light Church, rose to make his own forecast: until the company improves the condition of its workers, Farah shares would continue to unravel. Said the padre: "The stock market doesn't lie."

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