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WHILE President Nixon's New Economic Policy aims to bolster the U.S. trade balance, much of the nation's commerce with the world remains in the Limbo Phase, stalled by a devastating dock strike. First the West Coast was shuttered by a walkout in July; it ended at least temporarily when Nixon invoked the Taft-Hartley Act's 80-day cooling-off period Oct. 6, but many ports are still clogged with backed-up vessels. Then, in October, some East and Gulf Coast dock workers walked out. Last week that stoppage spread to all but seven fairly...

Author: /time Magazine | Title: Business: The Dock Strike Mess | 11/29/1971 | See Source »

...nation's farmers, who look increasingly to foreign markets to absorb U.S. abundance, are hard hit. A bumper soybean crop in Alabama spilled out of all available storage elevators and was kept temporarily on barges. While dock workers ignored a state court's back-to-work order, one group of farmers threatened to load the crop onto ships themselves. Barges carrying the Midwest's feed-grain harvest to port were backed up at a score of wharves along the Mississippi River and the sight of corn piled high on the ground has become common. Illinois farmers have...

Author: /time Magazine | Title: Business: The Dock Strike Mess | 11/29/1971 | See Source »

...Gleason met with shipowners in Miami last week. No significant progress was reported, but President Nixon evidently remained reluctant to invoke Taft-Hartley on the East and Gulf coasts, preferring to give the disputants more time to work it out for themselves. Meanwhile, shippers who tried to avoid the dock mess in the U.S. by diverting their vessels to Canadian ports along the St. Lawrence face another peril. Winter weather will probably choke the seaway with ice in mid-December, stranding for three months any ships that have not made it out to open water...

Author: /time Magazine | Title: Business: The Dock Strike Mess | 11/29/1971 | See Source »

...piling corn on the streets in Iowa for the first time. The dock strike is partly the reason, but the fantastic surplus is another. Back in February any ordinary working farmer could see what was going to happen. There was no excuse for the Agriculture Department to encourage more planting. Farmers are still harvesting now, but in a couple months they're going to start settling up-paying for their gas and fertilizer and taxes. Then they're going to find out that the crop the Agriculture Department caused and the farmers produced isn't going...

Author: /time Magazine | Title: The Nation: Frustrations of a Rural Republican | 11/22/1971 | See Source »

Sailing coach Mike Horn is particularly enthusiastic about the floats, also conceived by Walter Everett. The ability to manuever the floats into the wind greatly eases docking facilities for sailboats which must head into the wind to stop and dock. In addition both sides of the seven sixteen-foot sections of floats can be utilized to make over 100 feet of space on each side. The segments, which absorb waves more smoothly than one continuous span can be dismantled and piled on top of each other for easy storage in the winter...

Author: By Thomas S. Crane, | Title: Sailors Will Revel This Spring In a Newly Built Boat House | 11/18/1971 | See Source »

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