Frigidaire Pact Seen As Only Way To Save Dayton Plant
Local 801 chief Luther Holt says wage freezes and concessions with Frigidaire, a GM division, were the only means to keep the Dayton appliance plant open and save 14,500 jobs. The pact cuts starting pay, delays raises, and forgives cost of living increases, with recall promises to furloughed workers as demand allows.
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Dayton
Electrical Workers Union
F Daire
Es Weweway
Luther Holt
International Union of Electrical Workers
Frigidaire
General Motors
Ford approved for price hike by Price Commission
Ford Motor Co became the third major automaker to win approval for a price increase, with a 2.9 percent hike for 1972 Ford cars, trucks, and options. The commission also demanded utilities report how to report rates, and noted firms may face rate reductions if profits are excessive. Other autmakers like American Motors and Chrysler saw notable increases, while General Motors awaited action. The report also covers pay boosts, airline fare inquiries, unemployment shifts, and a Fed error impacting rates.
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Washington
Ford Motor Co
Price Commission
Ford
American Motors
Chrysler
Commission
Oscar Meyer Co
CHECKOFF PROVISO TAX BILL VETO THREAT
Rep Wilbur Mills said pressure on Nixon is standard politics amid a tax bill dispute. Clark MacGregor warned amendments could balloon the measure above 40 billion, risking a veto if conferees do not remove the budget rider and lasting Senate amendment. Mills chairs the House conferees and warns passage this year would be unlikely without changes.
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Mills
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