Word: hiked
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Dates: during 1950-1959
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...Gordonstoun, Philip reveled in a rigorous routine that included' two icy showers each day, a long, bracing hike before breakfast, hours spent in the company of dour but expert Scots fishermen and boatbuilders. He became captain of the cricket and hockey teams, and "head boy" of the school in his final year. He was "often naughty, never nasty," pitched in at dirty jobs like anyone else (on one school cruise when everybody else was seasick, he did all the cooking and dishwashing). He early proved he could do most things with less effort than other boys, sometimes showed impatience...
Last week Erhard appealed to the six-nation European Coal and Steel Community at Luxembourg to withhold approval of the Ruhr coal-price hike. To back up the appeal, Erhard wheeled up his biggest price-defense weapon-his power to let more competing imports into the country. As a starter, he ordered his ministry to prepare schemes to slash rail freights on foreign oil and U.S. coal. At week's end the coalmen were still holding their prices up, and Erhard was stubbornly getting ready to fire the gun of low-priced imports that always in the past...
...million, or 1.8%. Inflation's mischief hit the railroads where it hurts most-in wages, which account for 63% of all operating costs. Though the railroads actually trimmed more than 56,000 employees from their payrolls during the past year, they paid 12.5% more in wages, hiked payrolls by nearly $28 million. The railroads were also hard hit by increases in the price of materials and supplies to keep the trains running. A special price index compiled by the Association of American Railroads (based, like the Government's consumer price index, on a 1947-49 base...
...Approved, in the House, 329 to 58, an 11% pay raise for about 1,000,000 Government employees (including some 6,000 legislative employees). With a cost estimate of $530 million a year, the hike would average out to more than $500 per employee. Next steps: Senate action, probably cutting the raise to around 7%, then a possible veto by President Eisenhower, who has opposed the increase as inflationary...
...sure how CAB will rule on the 6% fare hike. One possibility is that it might grant a temporary increase pending the outcome of the long-range General Passenger Fare Investigation, which it is now conducting independent of the 6% request. Whatever happens, most airlines consider a 6% boost only an emergency lift. For the long haul they argue that at least a 10% increase is necessary to preserve the air fleet which the nation's security and economic well-being demands. The alternatives, say the airmen, are two: either the weakest airlines will fold and the middling ones...