Fraser fir adelgid mortality. The decline of the Fraser fir in the southern Appalachians has contributed to loss of moss habitat which supports the spruce-fir moss spider. The Fraser fir is an endangered species. Threats include climate change, balsam woolly adelgid and destruction of trees for Christmas trees and timber. Although not important as a source of timber, Fraser fir is widely used as a Christmas tree. Its mild fragrance, shape, strong limbs, and ability to retain its soft needles (which do not prick easily when hanging ornaments) for a long time when cut make it one of the best trees for
Douglas Fraser and subsequent government-sponsored loan. Fraser mobilized UAW members and heavily lobbied Congress in a move that proved critical to convincing the government to provide $1.2 billion in federally-guaranteed loans, which enabled Chrysler to avoid bankruptcy. He used Reuther's "equality of sacrifice" formula to convince UAW members that major concessions were needed to save the company. Fraser then negotiated wage cuts of $3 an hour and waived restrictions on layoffs, which allowed Chrysler to shed nearly 50,000 jobs, about half its workforce. In an unprecedented move, Chrysler Corporation named Fraser to its Board of Directors on which he served from 1980