Word: labor
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Dates: during 1960-1969
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...ordered stiff new work rules for Argentine port workers, whose strikes and "holidays" idled the docks for more than 150 days last year. A few weeks ago, the government began a similar cleanup of Argentina's government-owned railroads, which are losing $1,000,000 a day. When labor leaders decided that enough was enough and called for strikes and protest demonstrations, Onganía's government barred street rallies by the unions, broke off all dialogue with the confederation and ordered state-owned broadcasting stations to withhold any mention...
Fortunately for Onganía, the showdown caught the unions at a moment when they were embroiled in a bitter internal power struggle. As a result, the first 24-hour strike fizzled and, in the face of Onganía's determination, labor leaders last week knuckled under and called off a planned series of strikes. With labor brought to heel, at least temporarily, Onganía's government pressed ahead with its austerity program. Though keeping a tight lid on wages, the government announced a 100% hike in postal and telegraph rates, a 23% increase in water...
...meat-and-potatoes background for her new job. Indeed, onetime TV Pitchgirl Betty Furness, 51, was as surprised as anyone when President Johnson appointed her his $26,000-a-year Special Assistant on Consumer Affairs, replacing Mrs. Esther Peterson, who returns to full-time duties as Assistant Secretary of Labor. Betty got interested in politics while doing commercials at national conventions, stumped a bit for L.B.J. in 1964, lately has been recruiting for Project Head Start and VISTA. Becoming the consumer's guardian angel is "going to be very largely on-the-job training...
While Krupp is by no means bankrupt, insiders feel that the managerial showdown should have come much sooner. Alfried Krupp, remote and embittered ever since his six-year Allied imprisonment for using wartime slave labor, has grown increasingly pained over the fact that his only son, Arndt, 29, has shown more inclination to fly with the European jet set than take over the company. Meanwhile, critics charge, Krupp's expansive general manager, Berthold Beitz, has overextended the company when he should have been cutting down its unprofitable operations in coal and steel. With public management instead of a private...
Despite these signs, Britain's economy is still floundering. Labor unions and employers are wrangling with the government over its reluctance to end loophole-loaded controls on wages and prices. Unemployment reached 602,844 last month, leaving 2.6% of the labor force jobless against a 2% level that Prime Minister Harold Wilson once called "acceptable." Rising food prices have helped pull the cost of living to a new peak. Worst, industrial productivity has failed to improve, and though help might have come from private investment, instead such investments have slumped. Soaring government spending for defense, welfare, roads, schools, housing...