Word: diverts
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Dates: during 1960-1969
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...There is no magic number of U.S. airlines to ensure competition." Some airline presidents prefer an orderly cutting back of over-competition on key routes, which are sometimes flown by as many as eight airlines-with most of the planes hardly half-full. Says one president: "We should divert the half-filled jets to smaller cities that are crying for jet service...
...contract deadline, the automakers stoutly deny reports that they have been reducing their steel purchases as a hedge against a shutdown. Brushing aside all strike talk, top automen confidently predict high sales for 1961-3 fourth quarter -partly because of buyer concern that the Berlin crisis may divert next year's auto steel to defense. And for 1962, Detroit seers happily foresee more than 6,500,000 car sales-roughly equivalent to booming 1960 and second only to 1955's record 7,200,000 sales...
With Pakistani troops still holding part of Kashmir, Nehru roared, "there can be no question of a plebiscite. Talk of a plebiscite has now become a joke." Furthermore, he said, Kashmir was just a Pakistani ploy to divert attention from its failure to improve the lot of its people: "Even if there were no Kashmir question, Pakistan would create some other issue to keep this hate campaign against India going...
...testimony before the subcommittee. New York Stock Exchange President Keith Funston argued that the heavily policed Big Board does not need probing and opposed any overall investigation. "We think it would be unwise," Funston said, "to direct the SEC to undertake broad new studies if these will divert its energy from the inquiries presently under way. It seems to us it is more important to reach conclusions regarding presently known problems than it is to delay those conclusions in the search for new problems." Nonetheless. Wall Street waited in uncomfortable fascination to see what new worms-or hitherto undescribed...
...sought to persuade textile-producing areas with low labor costs-Japan, Formosa, Hong Kong, India, Pakistan and the U.A.R.-to agree to put voluntary limits on their exports so as to avoid complete disruption of the already glutted world textile market. The scheme had twin purposes: 1) to divert some Asian textiles from U.S. to European markets, and 2) to give the underdeveloped nations an economic boost in the form of European trade rather than...