Central Bank of River city has not been organized because people in top positions have convinced the board to keep things the way the where. Prior to 1929, business executives were seen as leaders and union members were considered dangerous radicals.
However, this changed when Americans saw that these businesses could not beat out the depression and they started to favor the union. Then in 1932, the Norris-LaGuardia Act was passed in favor of labor unions. This act protected unions by decreasing management’s ability to obtain a court injunction to stop union activities. Because of this heavy influence of 210,000 people, the city was beginning to be considered a “union town”. In River City, the International Metalworkers Union (IMU) began dealing with many of the firms and institutions in the area. IMU had represented workers at one of the town’s smaller banks, organizing the maintenance workers. IMU had initiated significant pay hikes and increased benefits. They believed that the employees were content, and held the opinion that working for First Central was a prestigious position. This negated the need for union support, in the mind of management. First Central felt, however, that it’s excellent working conditions, its job security, and its liberal profit-sharing program more than made up for its somewhat low salary scale. As result of recent growth, First Central had expanded to include 18 branch offices and a data processing center. It had organized the bank’s maintenance workers. The IMU was now trying to organize First Central Bank, the area’s largest and oldest commercial bank. Some of the bank’s employees were closely related to the IMU local leaders and to workers at the auto parts plant. Management believed that its somewhat low salary scale was ...