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Word: cutbacks (lookup in dictionary) (lookup stats)
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Like most railroaders, Maidman wants to concentrate on freight, but he picked a startling way to get rid of commuters: he offered to buy them out. If they would agree to a cutback in service from three round trips daily to two one-way trips at peak hours, he would put on a comfortable, air-conditioned streamliner. More important, if the 200 commuters agreed unanimously to his scrapping all commuter services, he would pay them $1,000 each. How to identify all those eligible to collect? Says Maidman: "The conductors know all the commuters on the line." At week...

Author: /time Magazine | Title: Railroads: Buying Off the Commuters | 5/10/1963 | See Source »

Beyond Manhattan. The losses reached far beyond Manhattan. In Canada newsprint mills figured that a cutback of 214,000 tons of newsprint cost them $28.7 million. The railroads that carry the huge rolls of newsprint south lost $2,400,000. "The strike affected the retailers because they couldn't advertise; it curtailed the wholesalers and worked all the way back to the manufacturers," said Executive Secretary Harry Moser of the Retail Merchants' Association. "It hurt everybody." And there is no way to ease the pain. All of it, said the publishers, is money "that has gone down...

Author: /time Magazine | Title: The Press: $200,000,000 DOWN THE DRAIN | 4/5/1963 | See Source »

...farmers did a lot of sightseeing, voted numerous resolutions, heard eight speeches plus a recorded message from President Kennedy. What the President stressed was the importance of the May wheat referendum, in which growers will decide whether to accept the Administration program of high price supports and a cutback in production. The outcome may decisively influence the future direction of U.S. agriculture-toward more or less Government involvement...

Author: /time Magazine | Title: Agriculture: Pat on the Back | 3/29/1963 | See Source »

...pretty much at their own discretion. But Powell was told that $150,000 must be allocated in equal shares to six subcommittees, whose chairmen would supervise its spending. Thus Powell himself could control only a piddling $50,000, which would hardly keep him in swimsuits. If nothing else, the cutback would surely curtail a mysterious "committee investigative task force" that operates out of a downtown federal building in Washington on projects so secret that only Powell seems to know what they are. He had requested $101,000 for this force alone...

Author: /time Magazine | Title: The Congress: He Shouldn't Be There&3151;And He Wasn't | 3/15/1963 | See Source »

Despite the Supreme Court decision, the unions are yet to be reckoned with, and they are sure to fight any cutback attempts. This week in Chicago the railroads and their operating unions will begin another effort to see if they can work out a compromise through collective bargaining. If that fails and the union threatens to strike, the President almost surely will appoint an emergency board under the Railway Labor Act, thereby staving off a walkout for at least 60 days more. The real showdown will therefore be postponed at least until summer...

Author: /time Magazine | Title: Public Policy: One for the Roads | 3/15/1963 | See Source »

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