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...affectionate nickname) is headed are the hundreds of thousands of Chilean peasants and wage earners who were left out of the modest prosperity that the copper-rich country enjoyed after World War II. But Chile's broad middle-its businessmen, managers and professional men-have begun to balk. Their worry is that Allende, under pressure from his own far-left backers, has begun to move too far, too fast...

Author: /time Magazine | Title: CHILE: You're Going Great, Chicho | 11/15/1971 | See Source »

...Labor could balk in many ways. At a minimum, Meany could refuse to appoint the labor members of any tripartite wage-price review board or labor advisers to any other Government board. That would gut any attempt by Nixon to put across his wage-price policy politically as one that had the consent of both labor and management. At the extreme, the labor movement could support a test-case strike by some union demanding a larger pay raise than the review board deemed justified. The Government would then have a choice of buying peace by overruling its own board...

Author: /time Magazine | Title: The Economy: Labor Builds a Stumbling Block | 10/11/1971 | See Source »

...Figuring that the German government would balk if it knew that the U.S. airlines had directly inspired the diplomatic maneuver, the Pan Am and TWA officers asked that part of the 29-page transcript of their meeting with the CAB members be kept secret. No such luck. The CAB men, miffed that the lines wanted to bring the State Department into the act, put the transcript on public sale -at $1.50 a page...

Author: /time Magazine | Title: AIRLINES: High-level Mess | 10/11/1971 | See Source »

...evident when Bunker hastened to Washington for several days of talks. It was decided that Bunker should warn Thieu "on the highest authority"-meaning straight from Richard Nixon-that the Administration would be deeply disturbed if the election turned into a fiasco. Congress, Bunker was to emphasize, might balk at continuing aid to Saigon if Thieu ran unopposed...

Author: /time Magazine | Title: The World: Still a Thieu-Way Race in South Viet Nam | 8/30/1971 | See Source »

...some of the obvious abuses in tax exemption. Balk urges states to narrow the legal definitions of eligible property. If legislatures insist on requiring localities to give exemptions to favored groups, he argues, states should then reimburse localities for the resulting tax loss. Most of all, local assessors should be forced to publish more comprehensive and accurate exemption data. Balk even questions whether federal and state property should be immune from local realty taxation, because the arrangement often leads to a profligate waste of expensive land...

Author: /time Magazine | Title: Business: Trying to Change an Unfair Tax | 5/3/1971 | See Source »

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