Word: contraction
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Dates: during 1970-1979
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...refuse to admit students because of their race. The majority rejected the contention that "parental interests" in the education of children were absolutely protected by the right of privacy. It noted that the Civil Rights Act of 1866 guaranteed blacks and whites alike the right to "make and enforce contracts" on an equal basis. This right, the majority held, applies to a private school's enrollment contract. For the hundreds of so-called white academies that sprang up after public school desegregation, particularly in the South, the new decision outlaws a formal whites-only policy. But it probably will...
...organize the procurement of foreign arms, Congress set up the Secret Committee last September and authorized it to trade American produce for needed armaments. Current chairman of the committee is English-born Philadelphia Merchant Robert Morris, 42, and the committee's contract has been assigned to his own trading house of Willing & Morris. The committee offers American tobacco, lumber, rice, flour and other products in exchange for European gunpowder and other war supplies. The northern colonies usually ship their goods directly to European ports, principally Amsterdam, Nantes and Bilbao; the southern colonies make their exchanges through Dutch, Spanish...
...were predictable--all the workers who participated were punished with warning slips on their records, and three shop stewards were suspended. No effort was made to initiate a dialogue between the University and the workers to resolve the problems which led to the walkout. Instead, with the union's contract negotiations set to begin on the same day on which the suspensions were announced, the University resorted to the very "confrontation" politics which it so often accuses the union of employing...
...tell you," says Haack, "you haven't known heartbreak until a billion-dollar deal is canceled on you on two minutes' notice." The order collapsed over a billion-dollar misunderstanding: Ottawa and Lockheed each thought the other was to be responsible for financing early stages of the contract. But Lockheed may still not have lost the Canadian business: Haack has submitted a new proposal stretching the production schedule and thus reducing the outside financing required to a presumably manageable $120 million...
Lockheed has partially made up for the potential loss of revenue from Canada by signing a $625 million contract for an air traffic control system for Saudi Arabia. It has also landed a Saudi order for three TriStar jumbo jets-the first of many orders that the company will need but that are not in sight, if it is to recoup the L-1011's huge development costs. Says Haack carefully: "I don't classify myself as being exuberant, but I'm beginning to get cautiously optimistic." On the confidence scale, this is surely a new note...