Word: generous
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...final vote showed, members of Congress have grown more reluctant to support the maritime industry. Only three years ago, the House approved, by a 30-vote margin, a more generous version of the cargo preference bill-one that would have allotted 30% of U.S. oil imports to U.S.-flag ships. Gerald Ford vetoed that measure...
...rows of cells stretching up to the roof, the paint on the cell bars chipping away to expose the constraining iron underneath, the echoing cacophony of voices rebounding against the unadorned walls of the block. The mere sights and sounds of the prison would be sufficient to inject a generous dose of raw terror into even the most jaded newcomers. The foregoing, needless to say, has only served as a fitting warm-up for the assorted misfits and ne'er-do-wells who populate the inside world of those paying back the proverbial debt to society...
...also to each other; Europeans complain about the Japanese invading their home markets. U.S. steel companies have a special problem: many of their mills are old and inefficient by European and Japanese standards, and they are burdened by high labor costs as a result of generous wage boosts granted to workers. One result: third-quarter profit reports of American steel mills, to be released next month, are expected to be among the worst in the history of the once proud industry...
...flawless," says a colleague, "but numbers he understands.") He now receives $15,000 for a cello recital, and his N.S.O. salary, though not publicly disclosed, runs upwards of $100,000 a year, which puts him into the top ranks, with the likes of Sir Georg Solti. He is generous with his time and talent. Once he flew from New York to Los Angeles and back in one day to spend a few hours with a sick friend. He donates proceeds of some concerts to charity, eagerly gives benefit performances...
...really help the steel industry is open to question. In a study sent to President Carter last week, the Council on Wage and Price Stability contended that restricting imports would not solve the industry's biggest problem: high costs brought on by a failure to modernize and by generous wage boosts. That problem illustrates one of the traditional arguments against protectionism: it saves industries only from the consequences of their own inefficiency. Another strong argument is that protectionism fans inflation by denying some consumers the chance to choose inexpensive imports instead of high-priced domestic goods...