| OCR Text |
Show Capitulation for Political Needs Settlement of the coal mine strike with substantial pay increases to the miners has wiped out the last remnants of the imaginary anti-inflation line. Where the next attempt at-tempt to anchor the upward spiral of living costs will take place is anybody's guess. The situation has become far too serious to waste time cursing John L. Lewis and other labor racketeers. racket-eers. The blame for capitulation lies higher up. Politics as usual. As Time magazine observes, " Ever Ev-er since the war's start, the U. S. wage and price policies have been an unintegrated mass of rulings and directives, administered by a group of mutually jealuos boards and agencies. The spectacle of the President of the United States standing helpless before the demands of a. labor leader, at this time above all, is deplorable, and gives rise to the aspersion that politics is the President's Pres-ident's motivation in capitulation. Industrial Agency Report |