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AUTO SALES should almost equal and perhaps exceed last year. Detroit's estimates span from 10 million sales forecast by American Motors Chairman Roy Chapin to as many as 11 million foreseen by retiring General Motors Chairman James Roche. Car manufacturers agree that sales of imported cars will be held to last year's 1.5 million, ending a nine-year rise. Reason: although imported cars will also benefit from the removal of the excise tax, the currency shifts will result in the prices of U.S.-made small cars being closely competitive. If total sales do in fact rise...

Author: /time Magazine | Title: PREVIEW OF 1972: At Last, the Year of Real Recovery | 1/10/1972 | See Source »

What the Blazes. In arguing for the raise, sympathetic M.P.s made the point that the Queen performs her extensive state duties with skill, dignity and without the slightest hint of indiscretion. "The total cost of all aspects of the monarchy." said the Chancellor of the Exchequer, "does not much exceed the cost of the embassy in Washington." Some Laborites, however, objected to voting the increase at a time when nearly 1,000,000 Britons are out of work and the government is trying to hold union wage demands to 5%. Mainly, the dissenters concentrated their fire on the raises...

Author: /time Magazine | Title: GREAT BRITAIN: Raises For Royalty | 12/27/1971 | See Source »

...Auto sales are heading for a record-high 10.2 million or more units this year, including imports. Detroit's manufacturers expect to match or exceed that total next year, and to sell proportionately more domestic cars because of the shift in currency-exchange rates. Retiring General Motors Chairman James Roche predicts 1972 sales of between 10.5 and 11 million units. The manufacturers plan to produce a high total of 2.4 million U.S. cars in next year's first quarter. That rate of output should eliminate the industry's traditional midwinter layoffs and create more overtime and fatter...

Author: /time Magazine | Title: Business: Solid Signs of Revival | 12/27/1971 | See Source »

...same wage adjustment. Thus the boss is perfectly free to grant 10% pay raises to secretaries and only 1% increases to cleaning women, provided that their wage levels have been generally set as part of a single agreement in the past and the combined total does not exceed the guideline. Some union pay increases-and those of nonunion employees that traditionally are granted at the same time-will doubtless continue to exceed the guideline for a while. Labor Secretary James Hodgson admitted as much last week by noting that the Administration fully expected to "swallow" a few extra large settlements...

Author: /time Magazine | Title: The Economy: Everything You Want to Know About Phase II | 12/20/1971 | See Source »

...Miller saw no reason to turn any inmates loose, but they did order important reforms. A Patuxent prisoner threatened with solitary confinement must henceforth get a hearing before a "relatively impartial" panel. The solitary cells must have adequate light, ventilation and sanitary facilities, and stays in solitary must not exceed 15 days. The court also ruled that institution officials were failing to make an effort to rehabilitate some inmates. One of the prisoners' lawyers, Julian Tepper of the National Law Office in Washington, D.C., believes that the verdict establishes a convict's nascent right to rehabilitation that will...

Author: /time Magazine | Title: The Law: Decisions | 12/20/1971 | See Source »

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