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Francis Cabot Lowell built the country's first water-powered cotton mill on farmland near Pawtucket Falls in northeastern Massachusetts in 1814. Within two decades the area had become one of the foremost industrial centers in America. As more mills were built, their owners recruited young, single New England farm girls as laborers. When the "mill girls," as they were called, rebelled against the long hours and low wages, they were replaced by Irishmen fleeing the potato famine of the 1840s. In a scheme to rid downtown Lowell of the unwanted Irish workers, the Yankee mill owners donated an acre...
...even intervened in international money markets in order to help buy time for the reformist Prime Minister. But as Clinton told Hosokawa at the Asia-Pacific Economic Cooperation summit in Seattle, the U.S. is eager to see results now that the political-reform bill is all but assured. Foremost on Washington's wish list for Tokyo is a Japanese tax cut to revive the economy, now headed for a second consecutive quarter of negative growth. Japan's trade surplus with the U.S. grew in September by $5.32 billion, and that trend will not turn in America's favor until Japan...
Hosokawa faces other tough fights on deregulatory fronts. Two weeks ago, a commission led by Gaishi Hiraiwa, head of Japan's foremost Big Business organization, Keidanren, handed the Prime Minister a detailed report calling for extensive trimming of the more than 11,000 rules that entangle nearly every aspect of the economy. The red-tape Everest is a major reason behind high consumer prices in Japan and an important invisible barrier to imports. The U.S.-based Economic Strategy Institute recently estimated that regulations and other measures bar as much as $200 billion in potential exports to Japan every year...
Prejudice. The foremost reason that awareness and understanding are so weak in our society is that there is still quite a stigma carried by anyone labelled "mentally ill." Almost everyone at times, and some folks all of the time, will regard anyone labelled "mentally ill" with an uneasy fear of craziness. But the fact that a brain may fail to regulate a neurochemical at optimal levels has nothing whatsoever to do with personal worth or character evaluation. If anything, the mentally ill endure such huge obstacles to ordinary functioning that any particular level of achievement requires exceptional fortitude, striving...
This attitude rings a striking discord with Bill Clinton's campaign rhetoric on job creation, when he claimed that increasing employment would be one of his administration's foremost priorities...