Word: minimum
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Dates: during 1960-1969
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While Williams tried fecklessly to provoke mass arrests, bending the campaign toward civil disobedience, Resurrection City's population shrank to a minimum estimate of only 500. Violence was rising, vituperative militance was alienating liberals, who are Abernathy's only real source of mainstream support, and the pretender to the role of Martin Luther King was letting the Poor People's Campaign wallow into disorder, disintegration and self-defeat...
...Tito, in order to head off any such potent alliance of workers and students as that in France last month, ordered plastic-helmeted militiamen to patrol outside the university and banned all public demonstrations. He was also quick to throw a bone in the workers' direction, ordering the minimum wage of $12 a month doubled immediately. Within hours, dozens of published messages poured into student headquarters from factory Communist committees, most agreeing vaguely to aims of reform but all roundly condemning activist methods. "We invite you to unmask instigators," wrote the workers of a furniture factory. "We, the creators...
Still more cause for concern is the likely inflationary impact of any settlement. The package negotiated by Premier Georges Pompidou-and rejected by most of the nation's striking workers -included an increase in the minimum wage from 440 to 600 an hour, a 10% general pay increase for all workers in private industry, a 40-hour week (v. an average 46.3 hours now), and improved social security medical benefits. That settlement would cost at least a total of $3 billion, but the strikers wanted more...
...Justice Department, which questions the exchange's right to set commissions in the first place, the SEC wants the Big Board to come up with "interim" reforms. Specifically, the Big Board can either trim its rates on transactions of more than 400 shares or do away with minimum commissions on deals involving $50,000 or more, leaving it to brokers and high-volume customers to work out fees on their own. Whatever the exchange does, it faces its next battle next month, when the SEC opens long-awaited hearings on permanent changes in commission practices...
...with a two-bedroom, one-bath model, 12 ft. wide and 46 ft. long, that sells for a mere $4,210 in Ashburn, Ga. To keep the price that low, the city relaxed its requirements for street paving and foundations and FHA waived a few of its ordinary minimum standards...