384,000 STRIKERS RESUMING AT U.S. STEEL WORKS

Grey River Argus, 14 November 1949, Page 5

384,000 STRIKERS RESUMING AT U.S. STEEL WORKS

NEW YORK, November 12. The United States Steel Corporation and the United Steel workers have, agreed on the major points of a plan for pensions and insurance. A settlement with the Corporation would send 170,000 workers back to the mills, leaving idle 1301)00 employees of smaller companies. Twenty-one thousand steelworkers in several smaller plants have returned to work under agreements reached in the past fortnight. (Rec 11.5) WASHINGTON, Nov 12. The United States Steel Corporation—the nation’s largest steel producer —and the United Steel Workers Union have signed a pension agreement, settling the of the company’s 170,00'1 workers It was signed yesterd \y. Agreements have now oten con ■ eluded bv four of the leading producers and several smaller concerns with the United Steelworkers. These have brought about the return of approximately 384,000 of the 514.001) steel workers who struck on November 1.