Press Releases

Steel For-Brike Fishan APR 1952 Dr. John R. Steelman, Acting Director of Defense Mobilization, announced today the cessation of the current negotiations for the settlment of issues between the steel industry and union. He dismissed the negotiators of both sides this afternoon, after Dr. Feinsinger, who has been conducting the recent discussions, reported to him that further negotiations, at this time, would not be productive. Dr. Steelman stated that he will so report to the President. "I greatly regret that the latest negotiations have not led to a contract between the two parties," Dr. Steelman said. "It had been the President's hope that an agreement would be quickly reached so that the steel plants might be returned at the earliest possible moment to the companies. He said also that he stood ready to convene a new meeting of representatives of both sides at any time that either side indicated a belief that a resumption of negotiations would prove fruitful. Meantime, he said, the Government would continue to press for a mutually satisfactory settlement.