Word: coal
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Dates: during 1960-1969
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...middle-of-the-road position spreads wider than ever and is reflected in both parties. During the Conservatives' long reign, they began by denationalizing steel but left untouched the nationalization of transport, coal, communications, medicine and airlines. And, though Wilson now seeks to nationalize steel again, it is less in the name of socialism than of efficiency. What Wilson wants, and what wins him wide support, is to solve the overriding problem of bringing Britain up to date...
Another tradesman to go from door to door is the coal-ball man. At each house he digs up a little patch of earth in the courtyard, mixes in some coal dust and water and then spreads out the resulting paste and cuts it into squares with his hoe. The squares are then tumbled around in a big basket, until the corners are knocked off by the rim of the basket. These coal balls burn very slowly, and of course represent a great saving in coal, since half is just mud to hold the heat...
...cafeteria because it had no chairs and the auditorium had only camp stools. The soccer field was ringed with a belt of basketball courts; there were more ping-pong tables than bathrooms. We had no central heat, of course, and since there was always competition between classes to save coal, we frequently went the whole winter without our little stoves; the ink would out by late afternoon...
...16th largest U.S. corporation and the world's largest transportation company: It would include 19,475 miles of road stretching from Virginia to Canada and west to St. Louis; initially, at least, it would also have 109,000 employees and 182 subsidiaries that do everything from mining coal to making freight cars. Yet even the Justice Department, which alone has opposed the merger for the usual antitrust reasons, is prepared to accede to it now. One reason: after deciding to make his run for the U.S. Senate, former Attorney General Robert F. Kennedy took one look at the railroad...
...astute management. A onetime railroad lawyer (Harvard Law '34), Saunders restored the Norfolk & Western to health as its president, was brought over to parent Pennsy in 1963. He has traveled up to 5,000 miles a week by plane and private railroad car, personally calling on coal and grain shippers to push the idea of "unitized" trains to haul their shipments faster and more cheaply...