Monday, Dec. 24, 1956

Double Wallop

Although about 1,200,000 members of the United Auto Workers are cushioned by a cost-of-living escalator in their contract that contributes substantially to the wage-price spiral, U.A.W. President Walter Reuther wrote President Eisenhower an indignant letter last month inveighing against inflation--which he blamed on "price gouging" and "unconscionable profiteering" by "guilty corporations." Last week, speaking to the U.A.W.'s Skilled Trades Conference in Chicago, Reuther vowed that in 1958 his U.A.W. would "win the highest economic wage concessions we have ever won . . . We cannot convince General Motors to part with its millions by pious platitudes. We've got to have a wallop." The surest results of Reuther's walloping, if successful: higher cost of living, more inflation.

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