Word: acted
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Dates: during 1970-1979
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...major conflicts. Taxes. With his impeccable sense of timing, Senate Finance Committee Chairman Russell Long finally released his committee's version of the tax bill. Since Congress is trying to adjourn by October 14, Senators had little time to digest the fine print in the complicated act, and Long would just as soon they did not. As he once told a Senator fretting over the meaning of a provision in a tax bill: "If we waited for you to understand this bill, it would never be passed...
...expressed willingness and made funds available to buy huge amounts, speculators would conclude that the price would stay up, and so they would not sell their dollars. In short, a war chest to defend the dollar, coupled with a strong determination to use it if necessary, would act much like a nuclear deterrent: the more impressive it is, the less likely it will ever need to be used...
...locals, raising picket signs in sympathy, tied up operations at 74 lines in 42 states, idling up to 350,000 of the nation's half a million rail workers, stranding thousands of commuters and millions of tons of freight. President Carter stepped in after three days of chaos. Acting under the emergency provisions of the Railway Labor Act, he called for mandatory mediation of the dispute, which requires the clerks to return to work for a 60-day cooling-off period...
...order until he got a court-backed guarantee that no reprisals would be taken against union members by the railroads. Then a U.S. district court in Washington postponed a decision on a rail industry call for a no-strike injunction against the union; the court questioned whether the Railway Act empowers the White House to halt a strike already in progress...
Following the provisions of the Railway Act, which was designed to prevent sudden, paralyzing rail shutdowns, the President appointed a fact-finding panel of three arbitrators to recommend terms of a settlement within 30 days. After that the Government will seek to prod both sides into an accord. If at the end of 60 days no agreement is reached, the union would be free to resume its strike. Under such circumstances, past Presidents have sought emergency legislation to avert another walkout. In 1971, for example, Congress imposed a settlement after a strike by railroad signalmen...