Word: mill
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Dates: during 1960-1969
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Towering above the quaint tile roofs of Valdagno. a village in Northern Italy, are two imposing structures-a huge textile mill, now being enlarged into Europe's biggest spinning and weaving plant, and an eight-story grey marble mansion. Both belong to the Marzotto family. So do the village's hospitals, orphanages, parks, cafes, hotels, shops and just about everything else, including the railroad station and the 20-mile electric railway that links Valdagno with the outside world...
...Ferraris. Though he has raised wages 250% since taking over in 1958, he has automated so rapidly that increased productivity has offset higher labor costs. As a result of more efficient methods, Giannino this year will eliminate 1,000 of the 8,000 jobs in the Valdagno mill. To keep from firing anyone, he will shift the displaced workers to new Marzotto plants near by, where blankets and high-fashion clothes will be turned...
Term of Trial. Sir Laurence Olivier and Simone Signoret, cast as the Mr. and Mrs. Chips of a mill-town slum, memorialize an appalling marriage with charm and admirable finesse...
...basic thesis echoes the philosophical radicalism of John Stuart Mill: economic institutions "should be recognized merely as means to be put into the service of a modern theory of political economy," and should never obtain the stature of ends in themselves. It is only by constantly re-examining and reforming our institutions, our means, that our ends can be made real and meaningful...
...Reporter Mill wrote a special article to explain the Harvard custom of hissing. He said Sanders Theatre could be described as a "snake-pit," and thought an "anti-his-ta-mine" would help cure the problem. In any event, he observed that Barnett "seemed to calm the situation with a masterful address...