Word: needed
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Dates: during 1960-1969
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Responding to the protest, 40 Senators are now co-sponsoring a bill that would extend youth fares even if the CAB votes to discontinue them. A similar bill has been introduced in the House, but the chances are that Congress will not need to act. Impressed by the breadth and sincerity of the student protest, the CAB will probably overrule its examiner sometime soon and let the youngsters continue to fly high at half price...
...erect a federal regulatory hurdle for Heineman, Goodrich in March paid about $2.7 million in stock to buy Motor Freight Corp., a Terre Haute-based trucking company that competes with Northwest on some rail routes. Goodrich then petitioned the Interstate Commerce Commission, urging it to rule that Northwest would need ICC approval for a merger...
Opening Up. A considerable overhaul of labor policies molded by the Depression of the '30s is plainly in order. The most urgent need is for the building trades to open ranks and find room for more qualified young men, particularly Negro ghetto dwellers. Toward that end, union hiring halls might be abolished by law and discriminatory apprenticeship requirements sharply reduced. Regional bargaining, such as Ohio contractors have begun, should replace local negotiating...
Much as businessmen talk about the need to help the poor, ghetto betterment projects often seem to generate more rhetoric than results. "Whenever the average businessman has done something, he has done it in a condescending spirit and at a distance, not in a face-to-face partnership," says Mills B. Lane, president of the Atlanta-based Citizens & Southern National Bank. "He likes to sit around and debate, then go write a check to some agency or other...
...prepared to lend $15 million in the poor neighborhoods and spend $1,000,000 a year in cleanup campaigns. He also intends to expand his program far beyond that by seeking such large depositors as the Ford Foundation and converting their money into high-risk loans. "Lowincome people need money," says Lane, "and the banks have got to give it to them...