Word: leveller
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Dates: during 1960-1969
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...last steel negotiations in 1965. Since then, the Johnson Administration's onetime 3.2% wage-price guidelines have taken a beating. Although the White House has urged labor to hold its new contract gains to 5.5%, wage increases in recent months have approached or exceeded the 6% level in the building trades and the automobile, aluminum, copper and aerospace industries. Indeed, Abel could hardly have faced his workers with any gains much below 6%. The wave of generous settlements demonstrates the Johnson Administration's inability to deal with spiraling wage-and-price inflation, a failure that obviously emboldened Bethlehem...
...industry seems certain to face a far rougher second half. New orders had begun tapering off even before last week's settlement, and some steelmakers expect second-half shipments to decline by more than 20% from their first-half level of 53 million tons. The industry is also concerned about competition from foreign steelmakers, who increased their inroads into the U.S. market by taking advantage of the abnormally high domestic demand for steel earlier this year. Steel from abroad is expected to account for at least 15% of the nation's total 1968 shipments...
...limits to man's long upward journey. "If progress is real despite our whining," they conclude, "it is not because we are born any healthier, better or wiser than infants were in the past, but because we were born to a richer heritage, born on a higher level of that pedestal which the accumulation of knowledge and art raises as the ground and support of our being...
...level of information in most American newspapers is insufficient, he explains. He says that "here, you have as perfect a system of secret control of your citizens as the Soviets have. It might be more sophisticated, but my people will not stand wire-tapping by a group like the FBI, in the future...
What you do not see is delegates from the North talking to delegates from the South, or black delegates talking to Southern segregationists, except perhaps on the most superficial social level. There is simply no institutionalized opportunity for interstate dialogue...