WASHINGTON, March 14--The nation's top industrial and business leaders said today that while they opposed giving a proposed new wage stabilization board full authority to settle disputes, they would not walk out if such an agency is created.
"We will not boycott any part of the mobilization effort," John C. Gall of the Business Advisory Council told a news conference at which management raised apposition to rebuilding the wage board as a "catch all."
Johnston has been trying to set up a new wage board in order to persuade labor leaders to return to the mobilization set up. The old board, consisting of nine men, was disrupted when the three labor union representatives walked out. They objected to a wage ceiling approved by the public and industry representatives.
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