Word: maye
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Dates: during 1960-1969
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Hollister has lately conceded that inflation may help the white more than the black poor because it is harder for the latter to obtain jobs even in times of labor scarcity. He calculates that 61% annual rate of price increases, which the U.S. exceeded in some months of 1969, hurts poor whites as well...
...cobwebs. Their findings add to the growing body of evidence that the nation's biggest economic dilemma is how to mesh full employment with price stability. The U.S. needs to find a more effective way of aiding its poor than simple economic expansion. The poor's gains may be only temporary, and inflation reduces the living standards of the seven-eighths of the population that do not live in poverty...
Scrapping Flights. Halaby may need all his charm and brilliance to right Pan Am, which has just posted a record nine-month loss of $4,500,000, compared with earnings of $39,500,000 for the same period last year. On the lucrative North Atlantic run, globe-girdling Pan Am has been nosed out of first place by rival TWA. Pacific routes that once were Pan Am's alone are now aswarm with competitors. To cut its losses, Pan Am has scrapped 23 unprofitable flights in the Pacific and announced layoffs of 450 pilots and flight engineers. Said Halaby...
...modest frame home near the beach at Gulfport, Miss., and he and his wife now live in a leased trailer on their hurricane-stripped lot. His insurance company offered to pay only 25% of his claim, says Ryals, so he has hired a lawyer to sue for more. That may take considerable time, and in the interim the lender is threatening to foreclose the mortgage that covered his lot and vanished home...
...wake of the storm, the commission hastily approved a 50% rate increase along the Gulf. Last week public outcry and political pressure prompted the commission to postpone the rate rise until after it holds another hearing. Considering the $135 million in storm losses they face, insurance companies may be justified in raising their rates. The delays in claim settlements, however, have left a bitter residue of ill will among countless citizens of Mississippi and Louisiana...