Word: coaling
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Dates: during 1940-1949
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...standards of life being raised," Dr. Nourse said dryly, "... when a great labor organization sees the current situation as 'the occasion for a reduction in hours of work'... or when the czar of coal orders a three-day week with full pay . . . and when pensions at 60 are demanded for a population steadily becoming longer lived...
There was, he said, not a bit of sense in the world in either the steel or coal strikes; he castigated steel management for not accepting the report of his fact-finding board and criticized the union for standing on the letter of the board's report. Having put his remarks off the record (they inevitably leaked), he went back to Blair House, apparently not displeased at having had an opportunity to speak his mind...
Turkey's constitution flatly defines "Statism" as the republic's guiding economic policy. The Turkish .government operates power plants, railroads, ports, communications, sugar, salt and tobacco manufactories, oil, steel & coal enterprises ; it dominates shipping and banking. The bureaucrats have grandiose dreams of industrialization and self-sufficiency. They built a huge steel mill at Karabuk for $23 million-equal to the national education budget for one year. They are blueprinting airplane factories and plush government offices. But Turkey cannot yet keep pace with their plans...
Market for Progress. Turkish coal mines dig only one-tenth as efficiently as American mines. Turkish farmers still have few steel plows. But everybody seems to want improvement. Perhaps the most important result of Turkey's uneven march toward modernization is the creation of new demands-a great market for progress. Most Turks would understand the words of Celtik village's oldest inhabitant, 92-year-old Hayriye Soydan. Stooped, wrinkled and deaf, she still wears the traditional western Anatolian peasant costume-flowered baggy trousers, dark blouse, a blue-and-white yasmak (handkerchief) around her head. Sitting cross-legged...
...Wall Street, baffled brokers did not know what to make of things. Despite the strikes in steel, coal and aluminum, which had thrown at least 1,000,000 out of work and caused the worst postwar shutdown, the stock market kept right on going up. Last week, in some of the busiest trading of the year, the Dow-Jones industrial average rose 1.59 points to 186.78, a new high for the year...