Word: run
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Dates: during 1960-1969
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...expect damaging labor strikes. The first strikes will probably hit in early August and could force some cancellations of vacation flights. As much as 45% of an airline's operational expenses consists of labor costs. Every additional wage increase would cut closer to the quick. In the longer run, some mergers seem almost inevitable to reduce the problems of climbing costs and too much competition for too little traffic. If the U.S. can get by with only four auto manufacturers, it should be able to make do with fewer than eleven trunk carriers and scores of regional and nonscheduled...
...First Amendment's freedom-of-speech provision. Few publications plan voluntarily to stop such advertising in the near future, since it brought them $50 million in revenues last year. They also argue that printed ads appeal mostly to adults and are less intrusive than TV commercials, which often run while children are viewing. Even so, Senator Moss has warned publishers to avoid accepting "massive print advertising campaigns" and urged them to "maintain current ratios" of cigarette to non-cigarette advertising. Quite likely, publishers will feel increasing moral pressure to drop cigarette...
When Manhattan's World Trade Center is topped off in 1974, it will turn part of the run-down lower West Side into a capital of banking, shipping, customs and other international trade services. The twin 110-story towers will require 190,000 tons of steel. Last week steelmen were debating some unusual details of the bidding for that job. More than that, builders were wondering whether the Port of New York Authority's unorthodox contracts for the supply, fabrication and erection of all that metal may lead to a new way of doing business with steel producers...
...extraordinary for so simple an explanation. For decades he was Mr. Wall Street, the director's director, the master floater of securities issues, the headhunter who as Washington's top-dollar-a-year man brought hordes of high-powered executives to the capital to organize and run the World War II and Korean mobilization efforts. He served as informal financial adviser to five Presidents, from F.D.R. to L.B.J., and was at different times a big fund raiser for both parties. Throughout U.S. industry, scores of high executives owed their jobs to a Weinberg introduction or recommendation...
There are nuggets of anecdotage along the way. White places his finger firmly on some Nixon fundamentals that are just now becoming evident in the White House. "I've always thought this country could run itself domestically . . . You need a President for foreign policy," Nixon told White in 1967. He quotes an unnamed friend of L.B.J.'s recalling the President's comments on his own peacemaking efforts: "I got earphones in Moscow and Manila, earphones in Rangoon, and earphones in Hanoi, and all I hear on them is 'F you, Lyndon Johnson.' " The historical value...