Word: railways
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After much conversation on the "green line," the private telephone wire between the Prime Minister's residence and Balmoral Castle, Queen Elizabeth II last week proclaimed a "state of emergency" in Britain. Reason: the nationwide railway strike that had halted four out of five trains on the nationalized railway system. Close to 70,000 locomotive engineers and firemen struck May 29 for a wage increase that would add little to their weekly pay packets but would preserve the differential between their "skilled" wage rate and that of nearly 400,000 railroad workers including porters, signalmen and gandy dancers...
...Charles, 6, and his sister, Princess Anne, 4, with their pet Corgis waddling glumly beside them, entered Euston station to board a train that took them to Balmoral Castle in Scotland for Whitsuntide. At week's end, the royal children were caught at Balmoral by Britain's railway strike (see FOREIGN NEWS...
...private enterpirise. Actually, the London market had anticipated the election's outcome, had begun to move upward (from about 183) three weeks before the nation went to the polls. What surprised both Britons and Americans was that the market kept rising in the face of a paralyzing national railway strike (see FOREIGN NEWS). Most financial and political experts, trying to explain this paradox, calculated that one big factor was an end to Labor's threat to renationalize steel and long-distance trucking, nationalize chemicals and machine tools, etc., and the promise of widepread expansion of industry...
...private enterprise. Foreign Secretary Macmillan (whose son and son-in-law were elected along with him to Parliament) is a wartime friend of Eisenhower's, and a firm believer in the Anglo-American partnership. The Tories have problems ahead -including, two days after the election, a nationwide railway strike-but they also have at last a comfortable majority and a prospering, confident nation...
...copper producer (behind Kennecott), succeeding Cornelius F. Kelley (TIME, May 30). Glover got a law degree at the University of Oregon in 1915, served as a sergeant in World War I. In 1919 he hung out his shingle in Great Falls, Mont., representing among others Montana Power, Great Northern Railway, Anaconda. He joined Anaconda's legal department full time in 1943, and within eight years was general counsel and a vice president. Recently, Glover skillfully helped resolve thorny difficulties over taxes and exchange rates with Chile, where Anaconda mines Chuquicamata, the world's greatest single copper ore body...