Word: pinching
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...ways than the relatively successful Phase II, the latest controls are by no means as stiff as the Administration had hinted they would be. They allow farmers to sell for whatever the market will bear; they continue earlier wage guidelines; and despite some tightening on profit margins, they will pinch most corporate earnings only slightly. Phase IV should slow the rising price spiral, but there is little chance it will lower inflation to acceptable levels this year...
...Press, the major force working within the Press is Rosenthal himself. Unlike Carroll, he combines impeccable editorial credentials with a shrewd and solid publishing mind. He is aware of publishing market trends and has already begun gearing the Press's activities to these trends. "Books always feel the economic pinch first," Rosenthal said last week. "The problems that the Press ran into here were largely not understanding the market. After the fantastic money of the Johnson years, the Press didn't prepare for less affluent times. A press should bend itself to the nth degree to publish as many scholarly...
Even people in skilled and professional categories, however, are feeling the pinch. In Southern California, more than 16% of those without work are in professional, technical or managerial classifications. Nationally, many teachers and recent college graduates with liberal arts degrees find themselves unwanted, and managers in the over-50 set who were forced to take early retirement and itch to get back in the saddle are pounding the streets. Ross Kalegi, owner of an Akron employment agency, describes the plight of one: "He was making $18,000 a year as a sales executive at a rubber firm...
Sciolla and Smith each drove in a run in the fifth and Hal picked up his fourth run-batted-in in the seventh. Bridich also had a hit in that inning, a double that brought home two more runs. Pinch hitter Dan Williams made it 11 with a single in the eighth...
Felt has been No. 2 man in the FBI since May 1972. With the temporary, pinch-hitting director William D. Ruckelshaus devoting almost all his time to problems raised by Watergate, Felt has been running the show. Only 59, Felt could have stayed on for eleven more years...