Monday, Feb. 22, 1932
Log Jam Loosened
Last week 31 building trade unions of Chicago (membership: 150,000) accepted a 20%, voluntary reduction in pay as a compromise with the Building Construction Employers' Association's request for a 25%, cut. Although most of the city's labor contracts do not expire until 1934, the reduction will become effective March i, will obtain for one year. "We feel confident," jointly announced the unions and the contractors, "the wage adjustment will unloosen the log jam that has gripped local construction work."
Next day in St. Louis the Associated Building Interests, contractors' organization, asked the Building Trades Council, to which 18,000 union men belong, to accept a 337%, reduction for the next 18 months. "The contractor employing union men," lamented the A. B. I., "is now virtually out of business, for he cannot compete with the outsider.''
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