Today’s Labor History-Thursday, March 15
Official formation of the Painters International Union (1887)
- Supreme Court approves 8-Hour Act under threat of a national railway strike (1917)
- Bituminous coal miners begin nationwide strike, demanding adoption of a pension plan (1948)
- The Wall Street Journal begins a series alleging insider stock deals at the union-owned Union Labor Life Insurance Co. (ULLICO). After three years a settlement was reached with Robert Georgine, a building trades leader serving as ULLICO president and CEO, requiring him to repay about $2.6 million in profits from the sale of ULLICO stock, forfeit $10 million in compensation and make other payments worth about $4.4 million. All but 2 of the company’s directors were said to have profited from the deals (2002)
Complete labor history postings online from Union Communication Services.