Members
Login
Sign Up!!!
Categories
Arts
Business
Custom Research
Economics
Film
Foreign
Government and Law
History
Literature
Medical
Miscellaneous
People
Personal Essays
Philosophy
Psychology
Science and Technology

Support
FAQ
Customer Service
Site Search

     Home Customer Service Acceptable Use Policy Site Search

     Enter Search Topic:
 

Already a member? Go here to log in and view the entire paper!

Join Now!
by: Credit Card
Join Now!
by: Online Check
Membership Benefits

President Truman's Economic Goal

This is an excerpt from the paper...

President Harry S. Truman's paramount goal in the beginning of his administration was to stabilize the economy by ending the boom-bust cycle that had brought the nation to the brink of chaos in the Great Depression (Truman, 1973, p. 305). From the beginning, he insisted that this could only be achieved if both labor and management exercised social responsibility. He did everything in his power to persuade both sides to do so. In November, 1945, he convened a labor-management conference to work out machinery for dealing with major labor disputes. On December 3, 1945, in a special message to Congress, he outlined a fact-finding program which would have established by impartial investigation how much money workers deserved to get, based on their productivity, and how much money the company could afford to pay, based on its profits. Truman specified that this was a program that should be used sparingly and only when the national interest required it. The company would be required to open its books to the fact-finding board, and for 30 days, while the board investigated, it would be unlawful to call a strike or a lockout.

Both labor and management, however, denounced Truman's plan. Philip Murray, the head of the CIO, believed Truman was catering to management. George Meany, secretary-treasurer of the AFL, declared that his union would never accept legislation that compelled workers to work even for a minute against their will (Truman, 1973, p. 305). The General Motors Co

. . .
ade Congress to pass the Employment Act of 1946. It was not precisely what Truman asked for--it did not give him enough money to move forcefully on behalf of a full employment policy--but the act created a Council of Economic Advisers to give the President the expertise he needed to keep employment at or near capacity. It marked a major step forward, beyond the Roosevelt Administration's policy. In a letter to John McCormack, the House majority leader, urging passage of the bill, Truman stated that it was time that the government stood for full employment and full production, rather than for unemployment and relief (Truman, 1973, p. 308). Later in the year, another dispute between labor and management began with John L. Lewis and his United Mine Workers of America's renewed threat of a coal strike. An eventual battle between Lewis and Truman was inevitable (Donovan, 1977, p. 239). Truman had come from the Senate, where Lewis and his coal strikes, especially during the war, were condemned. The problem arose when Lewis accused the government of breaking the contract under which the government had been operating the mines since their seizure during the spring strike. The Truman Administration proposed to Lewis that the union
. . .

Some common words found in the essay are:
White House, Taft Ohio, Depression Truman, AFL CIO, Relations Board, Mine Workers, Truman Administration, Guardia Act, Smith-Connally Act, Les Biffle, truman 1973, labor management, donovan 1977, fact-finding board, harry truman, company inc, mine workers, truman 1973 305, fair minimum, minimum wage, memoirs harry truman, railroad strike, harry truman volume, city york doubleday, fair minimum wage,
Approximate Word count = 1910
Approximate Pages = 8 (250 words per page)

More Essays on President Truman Economic Goal

Korean War 2898 words
Development of US Military 2407 words
Truman ampamp Nixon War Policies 2896 words
NATO 5404 words
Stephen E. Ambrose 1588 words
Economic Sanctions Against South Africa 2765 words
Improving Health Care 3819 words
Red Scares of the 1920s and 1950s 4873 words
The Red Scares of the 1920s and 1950s 4862 words
The Problem of Germany: 19451948 4908 words
Membership Benefits
Click here to Join Now!
by: Credit Card
Click here to Join Now!
by: Online Check






to Over 32,000 Professionally Written Papers!!!
 


All papers are for research and reference purposes only!
Copyright © 2009 LotsOfEssays.com
All rights reserved. Webmasters make $$$ NEW