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Will Johnson Mill Valley, Calif...

Author: /time Magazine | Title: Letters, Oct. 9, 1978 | 10/9/1978 | See Source »

EPEA's latest project was a feasibility study on the re-opening, under community and worker control, of the shut-down Youngstown, Ohio, steel mill. Alperovitz's analysis of the much-ballyhoed "steel crisis" last year shows that corporate greed was the core of the problem, the catalyst for throwing Youngstown out of work. Youngstown Sheet and Tube, locally-owned and highly-profitable in the '60s, was 1969's Ripe Takeover of the Year. Lykes Steamship Company, based in New Orleans and one-seventh the size of Youngstown, borrowed the buy-out capital from Wall Street and elsewhere, using Youngstown...

Author: By Tom Blanton, | Title: Hey, Good Lookin', Whatcha Got Cookin'? | 10/7/1978 | See Source »

...work sessions, he said again, "we are bringing on the Spartan approach, frills are passe--we can only be effective if we are serious." With a click of camera shutters, the opening session of the conference broke up, the floodlights blinked off, and the ever-present reporters began to mill around and crowd the stars into corners with a whole repertoire of Proposition 13 questions...

Author: By David A. Demilo, | Title: The Cost of Doing Nothing | 9/22/1978 | See Source »

Pakistan is doing a little bridge building of its own with the Russians, despite its traditionally close ties with China. Earlier this year Zia dispatched a high-level delegation to Moscow. The ostensible purpose was to secure an additional $250 million in credits to finish a steel mill in Karachi that the Pakistanis are building with Soviet help. But in an interview with TIME, Zia made clear that another purpose of the mission was to warn the U.S. that "I must have my own opening?I must have our options open...

Author: /time Magazine | Title: World: CENTO: A Tattered Alliance | 9/18/1978 | See Source »

...Cone Mills of Greensboro, N.C., the world's largest producer, now runs its denim looms only four days a week instead of six. J.P. Stevens shut down half the 565 looms at its denim-making factory in Rock Hill, S.C. Foreign manufacturers are in much worse shape; they jumped heavily into denim a few years back when sales of the U.S.-made original began to soar. Hong Kong turns out a fifth of the denim it once did, Mexico is down to one mill, and Venezuela is out of the business altogether...

Author: /time Magazine | Title: Business: Denim Blues | 9/18/1978 | See Source »

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