1960's Business and the Economy | "LBJ and Big Strikes—Is Rail Fight a Pattern?"

Magazine article

By: U.S. News & World Report

Date: April 27, 1964

Source: "LBJ and Big Strikes—Is Rail Fight a Pattern?" U.S. News & World Report, April 27, 1964, 99–101.

About the Publication: Established in 1933, the monthly U.S. News & World Report covers national and international political, economic, and business developments. The magazine also includes advice on investment and personal financial management. Its annual ranking report of U.S. colleges and universities is widely consulted.

Introduction

In the United States during the nineteenth century, business invariably held the upper hand over labor. And when the two clashed, the American government at every level invariably sided with business. In fact, as capital's last line of defense, the U.S. Army had intervened directly to break strikes, first in 1877 involving...