Word: cartels
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Dates: during 1960-1969
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Crossing the Cartel. Tillinghast learned fast. TWA had only 28 jet planes as against its chief rivals' 124 (Pan American had 46, United 44, American 34). It took Tillinghast ten days to make up his mind to order 26 Boeing 707s for $150 million. With good luck, he was soon able to buy six Convair 880s for immediate delivery when General Dynamics repossessed them from troubled Northeast Airlines. The planes helped TWA catch up in the equipment race. Still, TWA continued to lose money, and for a time Tillinghast seriously talked merger with Pan American. Before the deal jelled...
...other hand, there are developments, Scorpion, partly supported by Adams House, broke print for the first time with an interesting issue--all the more so because its editors seem to have solved their problems of selection by including everything they could find. The infrequent throwaway of an undergraduate publishing cartel is reputedly paying for undergraduate fiction--something nobody else can afford to do. And then there's the Island, the first fruit of an extraordinarily literary freshman class...
What McCurdy lacks is biceps. Fullback Tom Choquette and neophytes Ron Wilson and Cartel Lord have all heaved the shot around 50 feet. That is enough to break Mrs. McGillicuddy's window but not enough, sadly, to win many track meets. Army has shotputters in the 52 foot range, and weight throwers who could...
That is not surprising; the land that produced Sigmund Freud has a split personality on most matters. Its economy and government are run by a coalition of the cartel-minded Peoples' Party and the nationalization-minded Socialist Party. Austria has suffered less than its Western neighbors from inflation and labor strife because both parties agreed to let a government board rule on wage and price hikes. Almost 25% of Austria's economy is nationalized, including most of its basic industries, much of its banking, and two-thirds of its joint-stock companies...
...economy has shown "a certain slowing of growth, even a stagnation of production." The usually docile Patronat-French equivalent of the National Association of Manufacturers-is so disturbed by the letdown that it has formally criticized government economic policies for the first time in memory. In Paris recently, a cartel of steel producers met to survey France's economic horizon, agreed to reduce steel production...