Now, wages in the automobile industry are made up of two components, what we call base rates and the cost of living factor which is fed in by the operation of the escalator.

Notes. Leonard Freel Woodcock (February 15 1911 – January 16 2001) was President of the United Auto Workers (UAW) and the first US ambassador to the People's Republic of China. While Leonard had been born in the United States his parents were British (though Mary was Irish by birth) and mother and son returned to the UK for the duration of the war.