Business: Good Faith Is Required

To President Eisenhower, the lackadaisical approach of management and labor toward settling the steel strike called for some knuckle rapping. Last week, in a stern letter to the heads of the twelve major steel companies and the steelworkers' union, the President said that they "must find" a quick way to settle the nine-week-old shutdown. He was plainly irritated by the fact that both sides were merely going through the motions of negotiating. Demanded the President: "Halfhearted bargaining is not enough. Intensive, uninterrupted, good-faith bargaining with a will to make a responsible settlement is...