Word: reckoning
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...certain industries," says W.J. Usery Jr., the new Secretary of Labor. "But we're finding more and more that people are willing to sit down and talk through their problems." Indeed, labor-management experts generally expect a major strike only in the rubber industry. And most economists reckon that wage and benefit increases negotiated in 1976 should average a fairly reasonable 8% to 11% in the first year of the contract. Since output per man-hour is rising as production picks up, the Council of Economic Advisers regards that prospect as no threat to its prediction that the rate...
Smokers' resistance might be a force to reckon with if Congress were ever to pass into law a prohibition, like a bill be fore a House committee, sponsored by Massachusetts' Robert F. Drinan, that would forbid smoking in most waiting and boarding areas, and restrict it in military bases and federal buildings. As the Spokane Chronicle's John J. Lemon said of a similar ordi nance that had been proposed in Washington State, "The next victims of such rule making may be whistlers, gum chewers, bone crackers, dandruff scratchers, lint pickers and popcorn...
FLAGS: THROUGH THE AGES AND ACROSS THE WORLD by Whitney Smith. 357 pages. McGraw-Hill. $34.95. Man has been making and waving flags for more than 5,000 years and, as Emily Dickinson noted, "No true eye ever went by one steadily." She did not reckon on the scholarly zeal of Whitney Smith. His hefty book conveys an encyclopedia of vexillology (Smith's coinage for the scientific study of flags). His enthusiasm is sometimes unsettling, as if the history of the dog were being told from the point of view of its tail. Yet his sprightly lectures are packed...
Portugal's immediate crisis is past, but the country must still reckon with serious problems before achieving either political or economic stability. "The people have seen only the tip of the iceberg," was the gloomy assessment of Antonio Vasco de Melo, one of the country's leading industrialists and president of the Confederation of Portuguese Industry. "The Communist Party is still in control of the big union confederation, and the Communists are still in the government. While this situation continues, there will be no investment in Portugal. The country needs confidence that there is real, practical authority...
...Consumer prices rose at an annual rate of 8.7% in October, a clear backsliding from the September pace of 6.2%. But the biggest jumps were in meat and dairy products, which are not likely to rise so sharply in coming months. Indeed, Department of Agriculture economists reckon that in 1976 food prices overall should go up by 5%, compared with a 9% climb expected this year...