Word: contraction
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Dates: during 1970-1979
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...union. Said Harry Washburn, senior vice president of Cleveland-based North American Coal Corp.: "The operators do not want to tear the union apart. They want a strong union, one that can deliver a work force every morning." Many executives of the big companies are upset about the latest contract proposal and blame Jimmy Carter for it. Said a steel company official: "There's no doubt we were the losers, dragged into defeat by Government intervention...
...other for issues on which they are split. For instance, the operators are equally concerned with increasing productivity. Said Madison, W. Va., Mine-owner Herbert Kinder: "Give the operators a stable work force, and the miners could have anything they want." But the owners are divided over the proposed contract's requirement that miners pay up to $200 in deductibles for medical care. Said a small Pennsylvania operator: "The deductibles are tiny, but the miners have had free health care for years, and this is a step back to them, no matter how small...
...many of these ideas will be accepted. Indeed, officials fear pending decisions may go the wrong way. The Administration, for example, may restrict imports of Citizens Band radios, which will push up prices. Postal workers are expected to demand a substantial pay increase when their contract expires in July; the Government may yield. Carter has refused to support a congressional move to roll back huge increases in Social Security taxes scheduled to start next year. And the President so far has tended to view regulatory decisions in an isolated, case-by-case way, rather than weighing their inflationary impact. Further...
...companies that make the weapons. But a dispute pitting the Navy against the Electric Boat Division of General Dynamics Corp. reached an unusually high pitch last week. After months of haggling, the company told the Navy that it will halt work in April on a $1.4 billion contract to build 18 nuclear attack submarines unless Washington ponies up an additional $544 million to pay the company for cost overruns. A shutdown would throw 14,000 employees out of work at the company's shipyards in Groton, Conn., and at Quonset Point, R.I., where components are made, and deal...
...building the submarines. The Los Angeles class (SSN 688) nuclear subs are sleek 360-ft. vessels designed to attack surface ships and other submarines, and are the U.S.'s answer to a relatively new class of Soviet subs. Only two of the submarines involved in the General Dynamics contract have been delivered; the remaining 16 are in various stages of construction...