Press Release from the Wage Stabilization Board, Dissention in the Steel Case
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OCR Page 1 of 6From: Industry Members
Wage Stabilization Board
March 22, 1952
RE 7500 Ext. 4821
Dissention in the Steel Case
As industry members of the Board we are fully aware of the tremendous import-
ance of this case not only to the parties directly involved but to the entire
country. It has presented the first major test of the Board's ability, first, to
operate in the field of labor disputes without doing violence to its primary duties
as a wage stabilization agency and second, to recommend "fair and equitable" terms
of settlement in a case of grave national significance.
In our considered judgment the majority recommendations fail to meet this
test in several major respects:
1. The recommended settlement on the money issues goes beyond the
amounts permitted by existing Board regulations and policies
and would have a major inflationary impact on the economy.
p
2. The weight of the United States Government has been thrown behind
the union's drive to extend the union shop in American industry
by exploiting the defense emergency.
3. The recommendations as a whole reflect a conscious and admitted
effort to recommend terms of settlement which the union would
accept. No similar effort was made to assure that the terms
would be acceptable to the companies involved.
4. The Board majority refused to make clear and positive recommenda-
tions on several issues of great importance to the companies
because they were complex and could not be intelligently
handled before the deadline imposed by the union for Board action.
Money Issues
The Industry Members proposed a recommendation for a 9c increase in wage
rates--the maximum permissible under any proper application of Board Regulations
6 and 8. In this connection they were mindful of the fact the movements in steel
Terms
Subject
Labor disputes
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