Word: cutters
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Elsewhere in the South Seas of the '30s, TV viewers will come upon Jake Cutter, mainstay of the Tales of the Gold Monkey (ABC, Wednesdays, 8 p.m. E.S.T.), who is not as burly as Buck, and is subject to occasional bouts of malaria besides. A hard-times flyboy with a beat-up leather jacket and a Terry and the Pirates cap, Cutter finds himself enmeshed, often to his considerable chagrin, in a variety of exotic adventures having to do with lost treasures and old legends. Cutter, attractively played by Stephen Collins, darts around in a wreck of a seaplane...
...industrywide sales have slumped, automakers have redoubled efforts to pare overhead costs. Corporate staffs have been reduced, inefficient plants closed, and new manufacturing methods introduced. By far the most stringent cost-cutter is Chrysler, which has cut its work force from 157,958 to about 75,000 since 1978 as its annual sales have dropped from 1.1 million to 730,000. The result: after four years of losses and near-bankruptcy in 1979, the company made $258.6 million during the first six months of 1982, and could wind up in the black for the entire year. Even so, Chrysler...
...rugged, bearded Czech, feels that the ice and fog encountered in rounding Cape Horn will be the most difficult challenge for him and his 44-ft. sloop Nike II. Britain's Richard Broadhead, at 29 the youngest contender, thinks that going over the side of his 52-ft. cutter Perseverance of Medina in the tropics would be the worst thing that could happen. "In the rough southern ocean you wouldn't last a minute," is his bleak forecast. "But in the tropics you'd stick around until the sharks came and got you." Paul Rodgers...
DIED. Gordon W. Rule, 75, civilian chief of procurement for the Navy who was a relentless, irreverent Government cost cutter; of cancer; in Arlington, Va. Often battling with military, congressional and corporate brass, he saved uncounted taxpayer dollars from 1963 to 1976, most notably when he carved $100 million from Pratt & Whitney's bill for F-111 jet engines...
Reagan has a point, of course, in that Roosevelt did come to office as a cost cutter and budget balancer. More important, Reagan is justified in believing that the ambitious and sometimes prodigal heirs of the New Deal carried it far beyond anything that Roosevelt ever proposed. It was one of Roosevelt's beliefs, for example, that welfare should be a temporary measure, and that the recipients should be put to work, a view that is judged heartless when Reagan proclaims it today. It was not Roosevelt but Lyndon Johnson who first organized Government medical insurance, which now costs...