Word: acted
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Dates: during 1970-1979
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...Helmut Schmidt, who was especially unhappy at the threats to his country's exports and the general economic instability caused by the slumping dollar. Schmidt enlisted the help of French President Valéry Giscard d'Estaing to convince other E.C. leaders that it was time to act. He argued that "a zone of monetary stability" was necessary to revive lagging economic growth, slow inflation and make Europe immune from the dollar's malaise...
...Davis-Bacon Act. This law is more likely to be changed than the minimum wage. Davis-Bacon forces contractors working on federally aided construction projects to pay workers at the "prevailing" local wage. But, in administering the act, Labor Department officials often seek guidance only from local union chiefs, who quote the highest wage in the region. The White House is considering advising the Labor Department to become more objective and include some nonunion wages in its calculations...
...Rivers Pollution Act made compliance with many of these recommendations a matter of law, calling for fines of ?100 (now about $200) for violations. Few businessmen felt intimidated by that paltry penalty, but industry cooperated. Besides the $400 million spent by the water authority for pollution control, private firms have paid out upwards of $200 million for their own treatment plants. Is there a reason for this extraordinary and costly cooperation? Says a water authority spokesman: "The fortuitous thing about the Thames is that it runs beneath the nose of Parliament...
...grandson Vince (Christopher McCann), who returns unrecognized after a six-year absence. The family's horrific secret emerges when Tilden unearths a baby's black mummified body, his incestuous offspring by Halie, drowned in in fancy by Dodge. With the family purged of this infamous act, the farm will presumably thrive under Vince...
...term Republican Congressman from Wisconsin; of a heart attack; in Washington, D.C. A native of Oshkosh, Steiger served for six years as a state assemblyman before winning election to the U.S. Congress at age 28. A self-described moderate Republican, he co-sponsored the Occupational Safety and Health Act of 1970, helped launch the volunteer Army, and this year proposed cutting the maximum capital gains tax from 49% to 25%. Despite opposition from President Carter, Steiger's colleagues eventually set the maximum tax rate...