Word: callaghans
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...raises his countrymen would receive in the year beginning Aug. 1 are "likely to be below those in probably all Western developed countries." Healey's seemingly perverse enthusiasm was not misplaced: his negotiations achieved a union wage accord that was a needed early triumph for Prime Minister James Callaghan's five-week-old government...
...greater part of his speech was given over to the growing crisis in the breakaway British colony of Rhodesia. In a ten-point program that will form the basis for what Kissinger called "unrelenting opposition" to Salisbury, he put Washington squarely behind British Prime Minister James Callaghan's March 22 proposal for majority rule in Rhodesia within two years. Blacks presently outnumber whites in the country, 6.1 million to 278,000, but have no effective voice in the government...
...bargaining is the first major challenge for new Prime Minister James Callaghan. His Labor government is pressing on the T.U.C. a novel proposal: accept another year of stringent wage restraint in exchange for a substantial cut in workers' income taxes. The government's plan, detailed by Chancellor of the Exchequer Denis Healey, calls for limiting pay increases to 3% (an average of $3.70 per week) over the twelve months starting Aug. 1. That is the expiration date for present voluntary wage controls, which limit all raises to ?6 (at present exchange rates, a bit less than...
Wage Austerity. A tight limit on raises is a key element in the government's strategy to revive Britain's faltering industry without kicking up prices. In his first major speech since assuming office on April 5, Callaghan argued that a refusal by the unions to go along with the government's plan would mean "more unfairness, higher prices and more jobs lost." The government has been especially encouraged by the relative success of the current pay policy. When the program took effect last August, inflation was galloping ahead at an annual rate of 26%; today...
...constitutional terms, as some American founding fathers ?notably John Adams?believed, a hereditary monarchy can confer a sense of continuity upon elected governments and assure legitimacy to a new chief executive who, like Gerald Ford or James Callaghan, may not have been popularly elected...