Word: following
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Dates: during 1960-1969
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...mood; unions are demanding, and most often getting, more than they have been accustomed to. The 3.2% voluntary ceiling on wage increases that President Johnson promoted so vigorously only a year ago has gone the way of the great consensus; hardly anyone even bothers to talk about, much less follow, the 5% guideline that succeeded...
...what has been accomplished so far, University of Pennsylvania Professor Louis B. Schwartz, a consultant on the American Law Institute's model code, conceded that it amounted to only "a very conservative liberalization." But he added that since a few legislatures have taken this step, "others will now follow their example, seeing that this does not mean political suicide...
Steel was the key indicator, and its upward climb promised a renewal of public jousting over prices between the Administration and industry in general. Since January, steelmen have been boosting prices in bits and pieces-in tubing, then tin plate for can making, followed by hot-rolled carbon and alloy plates-with only a whimper from Washington. Not until just before the Labor Day weekend, when Republic Steel dropped word of new prices in steel bars, did the Administration react. Ackley condemned the move, professing a belated astonishment at the fact that higher prices have already been chalked...
...Novelist Constantine FitzGibbon, intellectuals tend to follow a double standard. If the war happens to trigger their emotions, they don't worry much about moral behavior. "If the struggle is remote," he writes, "it can be viewed as an intellectual exercise and a moral problem. Stern judgments can then be handed down, and safely. It would seem that for the run-of-the-mill intellectual, the less he knows about a complex issue far away the stronger his moral judgments...
...Ogden Corp. into a far-reaching (shipbuilding, metals, processed foods) conglomerate, the word connotes a company with "no unity, no purpose and no design."* To most image-conscious companies, the real conglomerates are thus the operations of men like Victor Muscat, a Manhattan-based entrepreneur whose corporate acquisitions generally follow no visible pattern, come after bitter takeover fights, and result in little in the way of new management initiatives...