NBC Evening News for Friday, Apr 12, 1974
View other clips in this broadcast →
Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws. For any such use, please visit NBC NEWS Archives XPRESS.
(Studio) United Steel Workers of America and steel industry agree on 3 year contract providing for 11% wage increases 1st steel union contract every negotiated under no strike pledge.
REPORTER: John Chancellor
(DC) Workers now get $5.80 hour; $6.45 with raise. They'll get higher wages as cost of living rises, larger pensions, and free dental insurance Ind. spokesperson calls it costly; hints at higher steel prices. [Ind. spokesperson Heath LARRY says situation to produce uncomfortable economy] [USW I.W. ABEL says not inflationary move.] [LARRY says is inflationary move.] No controls on how high steel industry can raise prices.
REPORTER: Irving R. Levine
Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.
Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:
If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.