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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Nov 25, 1945
Page
9
United Steelworkers charge that steel firms piled up hidden wartime profits to fund a 225 million dollar annual wage rise. A National War Labor Board fact-finding panel concluded profits were not swollen but modest reserves justified by wear and tear and contingencies. Reserves, not wage boosters, fund future needs with government oversight ensuring no hidden profits.
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