Word: contractive
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Dates: during 1950-1959
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...concrete pillbox in which the status quo is armed and entrenched. On the contrary, a single role of law, the sanctity of contract, has been the vehicle for more explosive and extensive economic change in the world than any other factor. The principle that men must keep bargains is a fundamental of every great legal system the world has ever known...
Booked into Montreal's high-tariff El Morocco nightclub, the four singing sons of aging (55) Groaner Bing Crosby soon found close harmony impossible. Their price tag was $12,500 for a week, but they only lasted three days. They bought their way out of their contract. It all seemed to have something to do with a case of Scotch in their dressing room. Gary, 26, oldest of the quartet, says he lost his voice, but regained it long enough, during the boys' final set, to call a ringside lady "a drunken bum." Cutting the act very short...
...services and TV networks were allowed two reporters and two photographers each) would be put aboard Pan American's jet-powered Boeing 707 chartered for the press. The cost for transportation and hotels would be $4,000 per traveler, and a letter of application would be considered a contract for that amount. After this announcement, applications dwindled magically to 83 men and one woman, Elaine Shepard of Prentice-Hall (school books, trade publications), as nonworking applicants who were just going along for the ride dropped out and big agencies and publications cut their lists...
...industry announced that its earlier offer of 30?-an-hour package spread over three years was its "last offer for a strike settlement." This so incensed Steelworkers President David McDonald that he walked into the meeting heatedly waving a copy of the statement. He repeated union arguments that the contract actually provides only a 24?-an-hour package, puts off for a year a decision on the controversial work rules. Naturally, the meeting got nowhere...
...Much Too Soon. In Washington, high Government officials admitted that they are appalled by the mulish stubbornness of both sides, but privately they tended to blame management more. They feel that management is trying to do too much in one contract, that it should settle the wage question now, leave the local work rules until later. Labor Secretary James P. Mitchell rapped labor for holding to "status quo at any price," and reproached management for "attempts to change by the bang of a single gavel working habits built up over many years." A renewal of the strike in January, said...