Word: giving
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Dates: during 1950-1959
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...politics between England and France, part of their centuries-old struggle for hegemony in modern Europe. It was France, with its history of narrow economic nationalism, that vetoed Britain's hopes for a free-trade area with the Common Market, and it was Britain's reluctance to give up its freedom of action that kept it from joining the Common Market as a full member. Economically, West Germany prefers the British free-trade area; politically, it treasures France's offer of close partnership in unifying Europe. Unlike the Common Market, the Outer Seven arrangement has no supranational...
...present, however, give the claimants the advantages of the larger size, the absence of a phone, and the choice of the booth's position. The total volume of the booth is then 63 cubic feet. Assuming the average weight of the 33 students to be 140 pounds (a very conservative estimate), we see that the students weigh 4620 pounds, or 73.3 pounds per cubic foot of booth. Since a cubic foot of water weighs 62.4 pounds, we arrive at the figure 1.16 as the specific gravity of the students (not to be confused with the density of the students...
...Give & Take. A sinewy (6 ft., 175 Ibs.), hard-muscled man with a slightly bulbous nose and brown hair etched with grey, Blough had not only devised the industry's new policy but would have the most say in whatever settlement the steel industry would make. He is no rough-and-tumble, up-from-the-mill steelman but a lawyer who got into steel via a Wall Street firm, thoroughly learned the business by hard-slogging homework...
Blough believes that collective bargaining is a matter of give and take, and that industry has been doing most of the giving. As head of Big Steel's $3.7 billion empire and 232,000 employees, he presents his reasons for crying "halt" as if he were preparing a legal brief. Says he: "The results of collective bargaining between the companies and the steelworkers' union have been characterized by unsustainable cost increases, major strikes and government intervention. It is time to raise the question as to whether nationwide wage policies, industry-wide strike power, the ability to shut down...
Employment costs among foreign steel producers give them a valuable leverage in competing on world markets with the U.S. Compared with U.S. steel wage costs (including fringe benefits) of $3.22 an hour in 1957 (the latest year for which foreign comparisons are available), the Japanese steelworker cost his employer 46? an hour, the French worker 96?, the Italian worker 81?, the British worker 90?, the West German worker $1.01. Once, the U.S. could have made up the difference through its technical superiority, but that advantage is being rapidly whittled away by technical advances abroad...