Word: delayer
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Dates: during 1970-1979
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...everyone else's money," notes a Pittsburgh valve maker. Adds Irving Zeiger, owner of five manufacturing companies in Southern California: "No one, but no one, pays in 30 days. There is no money in the country-period." The squeeze is being felt all along the line. Big companies delay in paying their smaller suppliers, who in turn string out their payments to the two-and three-man shops that they buy from. "One of the problems," says Dan Bryant, president of Bekins Moving and Storage, "is how to collect your bills without irritating people...
...required by law. This calls for capital expenditures of approximately $10 billion over the coming five-year period for municipal waste treatment, plus smaller expenditures by industry-altogether considerably less than the $50 billion we spend for cigarettes in the same period. We must control pollution and we cannot delay any longer. Irreversible damage to the environment is mounting. In President Nixon's words: "It is literally now or never...
Ignoring a Labor Department plea for a seven-day delay, four shopcraft unions culminated more than a year of stop-and-go negotiations by striking the sprawling Union Pacific Railroad. Almost immediately, the railroads retaliated. The Penn Central, which daily serves nearly 140,000 commuters, announced that it would halt all its operations. The rest of the 128 lines involved in the dispute threatened to follow suit, and the U.S. suddenly faced the first nationwide railroad lockout in its history...
...determined to establish better relations with his Communist neighbors to the east, West German Chancellor Willy Brandt last week dispatched his chief foreign policy adviser, Egon Bahr, on an urgent mission to Moscow. And what happened? Bahr's plane was fogbound at the Cologne/Bonn airport. After a short delay, however, Bahr finally arrived in Moscow and spent six hours conferring with Soviet Foreign Minister Andrei Gromyko. There was no indication whether the talks, which resume this week, would be any warmer than Moscow's - 15°F. temperatures...
...Southie fans, well, they think that that kind of stuff is real bush. But there doesn't seem to be any sort of mass shift to the Tech side to avenge Southie honor. Most of the guys seem to be leaving without too much delay...