Word: excessive
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Dates: during 1970-1979
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...G.N.P. price index rose at an annual rate of 5.2% in the first quarter v. 5.9% in last year's fourth quarter. Last week President Nixon's Council of Economic Advisers condemned the 13% wage increase recently won by steelworkers in the can industry as "clearly in excess of" productivity gains. The council warned that any such settlement granted to workers in the steel industry at large during this summer's negotiations could be ruinous to the industry's competitive position abroad. This was the first CEA "inflation alert" that sought to influence a pending contract...
...citadel of U.S. capitalism, had been reluctant to accept. The Big Board had insisted that member brokers abide by a fixed minimum commission schedule. Last week it bowed to an order from the Securities and Exchange Commission and abolished fixed commissions on the portion of any trade in excess of $500,000. Such trades account for about 5% of N.Y.S.E. members' commissions but are clustered among the major houses, including Salomon Bros., Oppenheimer and Goldman, Sachs...
Arnie Miller, a spokesman for the Providence Committee for Alternatives Now (CAN), the group sponsoring the rally, said last night he anticipated a crowd "in excess of ten or 12 thousand." "We're shooting for 18,000," he said...
...Marine Corps, Camp Pendleton and mused that the public should have use of it. Last week he followed through, asking the Senate and House Armed Services Committees to approve giving the beach to California. It was, he said, the first of several planned transfers of $6.8 billion worth of "excess" federal property to state and local governments for recreational and other uses. Others now under consideration are in Long Island, N.Y., San Francisco and Seattle...
Perhaps it was the atmosphere of the Ali-Frazier championship fight that prompted an excess of macho in Washington. The news trickled out that during the annual Gridiron Club dinner, an evening of ritual satire offered by the capital's newsmen, House Democratic Whip Hale Boggs, 57, was decked with one punch in a Statler-Hilton men's room by Indiana Republican (and former Congressman) Edward Mitchell, 60, supposedly because he objected to the abusive cracks that Boggs was making about the Nixon Administration...