Word: heaths
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...imitation is implied flattery, Britain's Prime Minister Edward Heath must be one of President Nixon's most avid boosters. Conservative Heath, like Nixon, is a firm believer in free markets, and ordinarily would no more care to impose economic controls than offer a Cabinet post to a member of the I.R.A. Yet in trying to fight one of Europe's most destructive price spirals, Heath borrowed openly from the President and last Nov. 6 imposed a freeze on British prices and wages. Until then Britain's inflation had been roaring along at an annual rate...
...Heath faces a much tougher task than President Nixon did in cooling inflation. While most managers backed Heath's latest effort, the Trades Union Congress was quick to attack the price controls as being too weak. Unionists charged that loosely controlled prices would continue to race ahead of their firmly regulated wages. The T.U.C. also voted not to cooperate with either of the new control boards, but stopped short of saying that it would openly oppose them. Without even grudging labor support, the success of any controls program is unlikely...
...committee. So have Steelworkers President I.W. Abel, Teamsters President Frank Fitzsimmons, Seafarers President Paul Hall and UAW Chief Leonard Woodcock. The business members are Stephen Bechtel Jr., president of Bechtel Corp., a huge engineering and construction firm; Edward Carter, chairman of the Broadway-Hale department-store chain; R. Heath Larry, vice chairman of U.S. Steel; James Roche, retired chairman of General Motors; and Walter Wriston, chairman of New York's First National City Bank...
...occasion this week is a planned "celebration in words and music," in London's Royal Opera House, marking Britain's historic entry into the European Economic Community. The celebration is part of an eleven-day "Fanfare for Europe" planned by the Tory government of Prime Minister Edward Heath, at a cost of $825,000. Among its flourishes will be a performance by the Berlin Philharmonic at the Royal Albert Hall, a "Poets of Europe" reading at Lincoln's Inn, and a soccer match between all-star teams from the old Common Market Six, and the three...
...from the aggressive economic nationalism that was the trademark of former Treasury Secretary John Connally. President Nixon-who hopes to visit Europe in the coming year -has put his prestige behind the monetary negotiations. Kissinger advance men are scouting the attitudes of European countries. Washington will hear directly from Heath when the British Prime Minister comes calling later this month. Though any special relationship between the governments of the U.S. and Britain has long disappeared, Britain's entry into Europe is bound to make the coming negotiations more evenly balanced, possibly more temperate, and conceivably more given to compromise...