Word: pasts
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Dates: during 1950-1959
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...mathematicians, TIME et al. couldn't pass a seventh-grade arithmetic test. "Over the past ten years M.I.T.'s gain: 365%. Thus $1,000 invested in M.I.T. shares ten years ago would be worth $3,650 today.." You get zero on that one. My twelve-year-old says to tell...
...Teamsters must "protect the constitutional rights of individual members and locals in regard to elections, qualifications for office, and freedom to express views at meetings." (In the past, dissenting Teamster members have often suffered beatings and other reprisals at the hands of Hoffa bullyboys.) ¶ The Teamsters must clean up the administration and counting of union funds and properties...
...rise of supermarkets, which now sell 68% of all U.S. groceries, has brought some potent new weapons to an old competitive war: the fight between the national name brands (sold under a corporate trademark) and the private labels (groceries processed for individual stores or chains). In the past three years, the private labels have increased their share of the market for many items-instant coffee from 12% to 31%, frozen vegetables from 38% to 53%, margarine from 58% to 71%, etc. Even such an advocate of national brands as the National Tea Co. (1958 sales: $794 million) is reluctantly turning...
Although many private brands sell at lower prices, they are really a long-range detriment to the consumer, charges Henry Abt, president of the Brand Names Foundation. Says he: "Private labels ride the coattails of makers' brands. No private label past or present has ever pioneered a new product or improved an existing one." National food brands last year spent $105 million on research and development of new products and $476 million to advertise them. An estimated 33? of every dollar spent in supermarkets goes into products that did not exist ten years...
...strike, I'll just go on vacation-I don't give a damn"), yet were unsure of what to strike for ("What we need is a six-hour day, a 34-hour week"). But the seasoned older workers, who well know the belt-tightening frustration of past long strikes, feared another one. Said one Pittsburgh worker: "Some workers even wish the President would seize the mills rather than prolong the agony." A lot of them think it is a matter for union brass alone to decide. "If you're in the Army," says...