Word: milling
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...that he is a status sucker. He was eleven years old when his father, who owned movie houses in Lawrence, Mass., abruptly went broke. Kicked out of their mansion on Jackson Street, the Demaras landed in a shabby old carriage house on the wrong side of the gloomy old mill town. Fred hated poverty, with its stiff work boots and corduroy knickers, and he refused to face it. Every chance he got he sneaked back to the old house, sat in the attic and "dreamed about things I hoped would come true...
...payments," a legal state just this side of actual bankruptcy that defers debt payments and allows a company to lay off help (otherwise forbidden by law). In a land where newspapers print no unpleasant news, word spread that the big (3,000 employees) Euskalduna shipyard and the Basconia steel mill in Bilbao were also about to lay off their work forces, and so was Madrid's leading steel company...
Wisely spent, the $2 billion pumped into Spain during the past eight years might have gone far toward putting the country on its feet. But bureaucrats went on an ill-conceived spending spree, some of whose principal results are a steel mill whose products cost half again as much as German imports, an auto plant in Barcelona that builds ersatz Fiats for more than twice the cost of the real thing, thousands of luxury apartments still unrented, a $300 million annual trade deficit, an inflation that nearly doubled the amount of currency in circulation in five years (from 37 billion...
...steel mills and barrooms of Aliquippa, Pa., the men who make steel heatedly debate one subject. They beat it to pieces during Coke breaks in the fiery shadows of the open hearths, carry it into the Balkan Café and the Mill City Inn and Ernie's Steak House, hash it out in their homes. The crucial subject: the Pittsburgh Pirates, once the door mat of the National League but at week's end five games from first place...
...what to strike for ("What we need is a six-hour day, a 34-hour week"). But the seasoned older workers, who well know the belt-tightening frustration of past long strikes, feared another one. Said one Pittsburgh worker: "Some workers even wish the President would seize the mills rather than prolong the agony." A lot of them think it is a matter for union brass alone to decide. "If you're in the Army," says one, "you don't have much to say about whether you're going to march the next morning...