Word: railways
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...create in the way of illusions. It was conceived, promoted and almost executed by Henry O. Dormann, 38, who has said that he is a millionaire and whose closest association with scholarship is a book, A Millionaire's Guide to Europe (sample advice: "Hire yourself a private railway train"). The editor-owner of Servicio de Information Pan Americana, an obscure public relations service, and an operator in real estate and advertising, Dormann set up the library in 1965 for the grand purpose of collecting all possible presidential documents, either in original or microfilm form, and of providing New York...
...essence of their report, hardly news to official Washington, is that the 83-year-old ICC does not exactly regulate the 17,000 railway, trucking, shipping and pipeline companies under its jurisdiction. Rather, it operates a cartel on their behalf. According to the report, the commission in effect presides over thousands of local transport monopolies, protecting inefficient carriers from competition at the expense of the public. It permits massive discrimination in rates, a practice that it was expressly set up to forbid. Where railways have no water-borne competition they have charged shippers five times as much, computed...
...dispute has been solved. The four unions -the Machinists, Electricians, Boilermakers and Sheet Metal Workers-have been negotiating fruitlessly with the railroads since December 1968. The talks dragged on through last summer, and an October strike was avoided only when President Nixon, exercising his authority under the 1926 Railway Labor Act, appointed a special mediation panel and ordered a 60-day cooling-off period. For a while, the bargaining seemed productive. Then the unions turned down a settlement offer...
Fair as the compromise seemed, it enraged both communities. Mobs in Haryana attacked railway stations and burned trains and buses; eight persons died in the rioting. Angry Sikhs hurled stones at the Golden Temple in Amritsar, where elders of the Akali Dal Party released the fasting Sant Fateh Singh from his suicide vow. "My pledge has been fulfilled," murmured the Sant, accepting a glass of orange juice from the temple's head priest. And Chandigarh, named after Chandi, the North Indian equivalent of Kali, the Hindu goddess of destruction, has lived up to its name...
...industry's product mix by amounts ranging from 3% to 6%. U.S. industry's costs are likely to continue rising, partly because labor contracts covering at least 5,000,000 workers will expire this year, the greatest number since 1959. The start of a nationwide railway stoppage, right after the General Electric strike had been settled (see following story), was an indication of what may be in store...