Word: millions
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Dates: during 1960-1969
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...spite of its defenders, the use of DDT has already declined sharply. In 1962, when Rachel Carson published Silent Spring, the U.S. produced 167 million Ibs. Last year production slipped to 138 million Ibs., nearly 80% of which was exported. Not only has adverse publicity curtailed the chemical's use; its efficiency has been impaired by the resistance developed by many strains of insects. One scientist estimates that 150 pests formerly controlled by DDT are now immune to it. Nor do scientists expect to produce a new all-purpose bug killer. Instead they are emphasizing more subtle and selective...
...public-school teacher is a figure of legend. Last week the teachers' union ratified a contract that, by 1972, will give some top mem bers $16,950 - for 40 weeks' work a year. Raises averaging 9.1%, which took effect last week, will bring the pay of two million U.S. Government civilian employees up to what their counterparts in private industry were collecting a year ago. A deputy bureau commissioner in a large department, for instance, goes up from $30,239 to $33,495, his third in crease in two years. Some Government employees have now had six raises...
...National Coal Board, for example, has been so slow to close inefficient pits that it requires immense government subsidies; it lost $24 million in fiscal 1969. The railroads have run a deficit of around $365 million in each of the last two years. The utility industry was pushed into an excessive expansion program and has had to raise electricity prices. Now the pressures of hard politics threaten to make a similar financial mess out of British Steel Corp. (BSC), the company that the government was counting on to prove that nationalization could really work...
Forced Subsidy. The company's efforts to earn the profits to pay for that modernization, however, have yet to succeed. Although BSC had 1968 sales of $2.6 billion, which ranked it as the world's third biggest steelmaker, behind U.S. Steel and Bethlehem, the company lost $29 million, and there is no immediate prospect of getting out of the red. Melchett has been frustrated in efforts to cut costs, partly by the government's policy of protecting the nationalized coal mines. BSC is not allowed to import low-cost foreign coal, and purchases of foreign...
Melchett was stopped by the government's Prices and Incomes Board, which ruled late in May that BSC could raise prices only $96 million. The board's order was intended to help British export industries-most of which are not nationalized-by holding down the costs of their steel. Melchett angrily protested against forcing BSC to subsidize exports, but to little avail...