WEBVTT

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I'm sorry, I'm sorry.

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I'm sorry, I'm sorry.

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I'm sorry, I'm sorry.

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I'm sorry, I'm sorry.

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I'm sorry, I'm sorry.

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I'm sorry, I'm sorry.

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I'm sorry, I'm sorry.

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I'm sorry, I'm sorry.

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I'm sorry, I'm sorry.

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I'm sorry, I'm sorry.

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I'm sorry, I'm sorry.

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I'm sorry, I'm sorry.

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I'm sorry, I'm sorry.

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I'm sorry, I'm sorry.

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I'm sorry, I'm sorry.

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I'm sorry, I'm sorry.

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I'm sorry, I'm sorry.

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I'm sorry, I'm sorry.

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I'm sorry, I'm sorry.

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I'm sorry, I'm sorry.

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I'm sorry, I'm sorry.

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I'm sorry, I'm sorry.

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I'm sorry, I'm sorry.

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I'm sorry, I'm sorry.

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I'm sorry, I'm sorry.

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I'm sorry, I'm sorry.

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I'm sorry, I'm sorry.

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I'm sorry, I'm sorry.

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...

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All the issues, except the Union's demand for an immediate wage increase,

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have been settled in bargaining with good faith apparent on both sides.

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The Union called a strike last midnight.

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After rejecting a company proposal, which would give all our hourly rated employees

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a series of successive wage increases,

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keyed to the attainment of certain quarterly sales goals of our new Studebaker Lark,

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the public's acceptance of our smaller car has been so good that we are confident

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the sales goals we have set for the Lark can be reached.

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Have we got a level?

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We'd like to be...

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It's true, the economic issues are the big issues that remain to be resolved.

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As you people well know, certain gains were established

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in the agreements made with the big three and...

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...