THE STEEL CRISIS

by Roy Hoopes ‧ RELEASE DATE: July 8, 1963

Probably one of the most important domestic crises yet faced by the Kennedy administration came suddenly in April, 1962, when U.S. Steel announced a price raise of 3(apple)% only two weeks after the union and the industry had agreed to a ""non-inflationary"" contract. The President's swift and furious response caused repercussions in the worlds of business and politics which will probably be felt for many years to come. Mr. Hoopes, the author of What The President Does All Day, has worked for the State Department and for a number of magazines, including Time and Life, covering the Washington political scene. Here he gives us an hour-by-hour account of this spectacular government-industry clash, and then examines in detail the strategies and possible motives of everyone concerned. His book is the first to tell the full story, and will quite probably remain definitive, at least until the private papers of Roger Blough, President Kennedy, and the other participants are published. The presentation is objective and readable, and the numerous quotations, from both sides of the fence, are enlightening.

Pub Date: July 8, 1963

ISBN: N/A

Page Count: -

Publisher: John Day

Review Posted Online: N/A

Kirkus Reviews Issue: July 1, 1963

Categories: NONFICTION