Word: formula
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Dates: during 1970-1979
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...Zukor, 103, movie pioneer who built Paramount Pictures Corp. and brought the feature film to U.S. audiences; in Los Angeles. A tiny (5 ft. 5 in.), restless dynamo who arrived in the U.S. from Hungary at age 16 in 1889 with $40 to his name, Zukor had a simple formula for success: "Look ahead a little and gamble a lot." In the early 1900s, he and another immigrant furrier, Marcus Loew, gambled on the fledgling moving picture business-first with a string of penny arcades featuring flickering, hand-cranked "peep-shows," later with storefront nickelodeons. Convinced that the movies...
This is not a formula for Utopia, for in a democracy the ideal is never quite reachable; there is always more to be done. The difference between what is and what might be lies in the initiative of citizens who are willing to strive together to create something better...
...referendum last year, San Franciscans voted 2 to 1 to eliminate a pay formula linking city workers' salary increases to those in private industry. With such a mandate, the board of supervisors froze the workers' pay and reduced their benefits. That decision was unchanged by the strike. Said Board President Quentin Kopp: "The lesson to be learned from this strike is that political power in the city has moved away from the special-interest groups such as organized labor and Big Business, into the neighborhoods...
...T.U.C.'s leaders accepted the austere pay formula, recognizing that failure to do so would almost certainly mean a continued double-digit inflation that erodes worker purchasing power faster than pay raises can keep up with it -the disease that has forced British governments into stop-go cycles of inflation and recession since the early 1960s. Exclaimed T.U.C. Chief Len Murray: "It is the best news for many a long day in Britain." Healey credited the agreement to public exasperation with inflation: "People got sick and tired of being paid in confetti...
Medenica estimates that, without sponsorship from any outside organization, he will have to limit his activities sharply by the middle of the summer. And since prospective sponsors are usually only interested in the big-name drivers of more advanced, higher formula cars, he is not alone...