Word: moved
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Dates: during 1960-1969
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...surprise is that the U.S. mails move at all. The Post Office work load is staggering. Last year 716,000 postal workers coped with 80 billion pieces of mail. Next year 84 billion pieces will go down the chutes into a system plagued by inadequate buildings, antiquated equipment, eleven militant unions, and a patronage system that makes political plums of the nation's 32,000 postmasterships. Yet Congress is reluctant to reform the system, has cast a cold eye on a recent recommendation by a presidential commission to replace the Post Office Department with a Government-owned corporation...
...history; in Brookfield, Conn. "I have seen the company go from the age of the Stanley Steamer to the jet," said Cornwell on his retirement, and so he had, starting out as a stock boy in 1905 and climbing all the rungs to the top. He started the move into suburbia and expanded into South America, thereby boosting annual sales from $477 million to $700 million by the time he was ready to step down...
Going well beyond that analysis, Presidential Adviser Joe Califano pronounced Big Steel's action a "major victory." Just seven days after Bethlehem, the No. 2 producer, announced its price hike, the steel industry had been forced into a partial "rollback." Minutes after U.S. Steel announced its move, Arthur Okun, chairman of the President's Council of Economic Advisers, summoned reporters to his Washington office and pronounced himself gratified. Spread industrywide, Bethlehem's increase would have filtered through the economy as a $1.1 billion rise in consumer prices. Now, he said, "the American consumer has been saved...
Actually, few steelmen ever expected Bethlehem's original price move to survive natural market forces, including inventories built up as a strike hedge and foreign imports, both of which are at record levels. As things stand, the effect of the new prices on consumer products is expected to be modest, amounting to an increase of about $6 in the cost...
...were watching not the U.S. Government but U.S. Steel to see how prices would ultimately shake out. The industry leader, with 24.5% of total production, U.S. Steel had led off the price increases with a modest change in one item, tin plate, and the President publicly approved the "selective" move. When it came time to move again last week, U.S. Steel was as polite as its competitors had been imprudent. Cannily using the key word, it announced increases on "selected" products. All told, they covered 63% of the industry's output, included such important items as hot and cold...