Word: mailings
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Dates: during 1970-1979
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...many businesses will have to raise prices or reduce mailings. Says an official of Sears, Roebuck: "This is just one measure of inflation that is going to hurt everyone." Esquire magazine had planned to mail circulation promotions to as many as 5 million potential subscribers; now it may solicit fewer. Says Financial Vice President Louis Isidora: "It costs us as much to mail as to print the stuff We have a fixed number of dollars to work with. If postage goes up, something has to go down." Publishers fear that rises in second-class mailing rates will force some magazines...
Users of the mail might be less disturbed if they could believe that the postal boost would improve service or reduce the postal deficit. Neither seems likely. Since it was set up in 1970 as a Government-owned corporation that was supposed to earn its own way, the Postal Service has raised rates 150% and cut back service. For example, it now delivers mail to most businesses once a day rather than twice. But it still lost three-quarters of a cent on every piece of mail handled in fiscal 1977, vs. about half a cent in 1974. One reason...
...there any way to break out of the cycle of rate increases, leading to fewer mailings and then to more rate increases? The House last month passed, by 384 to 11, a bill that would repeal the $920 million ceiling on Government contributions to the service out of tax revenues; it would authorize Congress to appropriate any amount that the Postmaster General could demonstrate was needed for public-service functions. Supporters of the bill argue persuasively that the Postal Service cannot operate strictly as a business but that it must provide services that have no hope of paying their...
Since the amendment was passed, Britain's large American community of about 120,000 civilian, government and military employees and their families has declined by 20,000. One London group of U.S. executives, Tax Equity for Americans Abroad (TEAA), has launched a spirited campaign to mail tea bags to Wisconsin Senator William Proxmire, the bill's main backer, after he chastised "jet-setting" Americans abroad and their "mink-swathed" wives. The planners intended this symbolic Washington tea party to be a protest against an unfair tax policy. Complains Robert Worcester, co-chairman of the group: "An awful...
...behind the Environmental Protection Agency's order last week that American Motors Corp. recall 270,000 of its 1976 cars- all the autos it made that year except those for California, which have special pollution gear -plus 40,000 of its 1975 and 1976 Jeeps and mail trucks. The fault lay in a $20 pollution control system part, made for AMC by Cleveland's Eaton Corp., that earlier had passed EPA tests. After several months on the road, a brazed joint in the back-pressure sensor has been breaking and causing AMC's engines to emit...