Word: nationalizes
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Dates: during 1970-1979
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...child of European fascism, a survivor of Hitler's Holocaust, a student in Stalin's spiritual gulags, ready to reject the freedom I have enjoyed in this nation for 20 years because Solzhenitsyn tells us that here "the defense of individual rights has reached such extremes as to make society as a whole defenseless against certain individuals"? Am I, who have passed half of my life at the mercy of totalitarian authority, really to feel that my personal freedom in this country is now endangered because, as Solzhenitsyn regrets, "a statesman who wants to achieve something important...
After nearly a month of Administration prodding and pleading, Bethlehem, the nation's second largest steelmaker, announced that it would scale back an anticipated 7% price increase set for July to a flat 3%. Moreover, the company pledged to forgo any additional price hikes this year if the President's anti-inflation strategy of voluntary cooperation from industry and labor begins to slow the alarming spiral in the cost of living...
...industry to support the President's inflation program, which calls not only for executives to hold their own pay raises this year to less than 5% but also for companies to keep their 1978 price increases below the average of the past two years. A scattering of the nation's largest companies have agreed to cooperate on the question of executive salary increases, but until Bethlehem, only a few, such as Kaiser Aluminum and Ford Motor Co., have actually put a lid on prices as well...
...increase of 1.1% to offset the cost of the coal-strike settlement, and an earlier, 5.5% rise in February. Even if the company abides by its pledge, its 1978 price increases will still total more than the industry's 8.5% average in both 1976 and 1977. Meanwhile, the nation's three other largest steelmakers-U.S. Steel, Republic and National-last week wasted no time in trotting out follow-the-leader price increases of their own, and none saw fit to promise anything at all about additional rises later this year...
Many of the nation's big wage contracts will not expire until next year, but the outcome of talks now under way with the 450,000 railroad workers and the 560,000 employees of the Postal Service are being closely watched by union leaders as indicators of future trends. The Administration is optimistic that the postal workers, whose talks enter the hard-bargaining phase this week, will cooperate. The outcome of the railroad workers' negotiations is less certain. Their contract expired at the end of last year, and Bosworth fears that the new package might well reach...