Word: scrap
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Dates: during 1960-1969
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Defying the economic laws of gravity, prices are falling while the economy as a whole is rising. Last week U.S. producers posted price cuts in industries ranging from autos to nonferrous metals, scrap to gasoline (see following story). Chrysler Corp.'s low-and middle-priced 19625 bowed with reductions averaging 2%; Chevy, Falcon, Rambler and other major models also rolled in with lower tags. The Labor Department's Consumer Price Index, which has risen barely 2½% in the past two years, showed its usual slight August decline (to 128% of the 1947-49 average) as harvest fruits...
...affidavit represents a shabby attempt on the part of the government to purchase loyalty. The truly loyal will be repelled and alienated by this token of their government's suspicion, while the disloyal will not balk at signing a scrap of paper...
Sincere or evasive, that attitude may plunge Chicago into a battle that Northerners would have thought only Southerners cared to fight. It would not be the first scrap for Ben Willis, 59, who runs the nation's third-biggest school system: 462 schools with 492,862 students, plus two teachers' colleges and a junior college with six branches, a staff of 19,000, and a yearly budget of $286 million. As president of the American Association of School Administrators, Willis embodies all the trials and triumphs of a job that spans politics as much as education...
...Communist Pathet Lao rebels because the Pathet Lao interfere with their traditional opium trade. Laotian politicians-right, left and neutralist -jabber inconclusively in the hope of forming a coalition government that can unite the country. And in faraway Geneva, Russia, Red China, the U.S. and eleven other nations scrap interminably over a workable arrangement for ending the war. Biggest bone of contention: the withdrawal of foreign troops from Laos, including the 300-man U.S. Military Assistance Advisory Group (MAAG...
...European demand for U.S. raw materials should grow. Common Market duties will remain low on the materials and fuels that Europe needs to feed her burgeoning industrial machine. Thus there will be an increase in the shipments of U.S. ores, fibers, scrap, raw chemicals, and non-mineral oils, which constitute 30% of current U.S. exports to the Continent. Exports of food and tobacco, which make up another 30% of the U.S. total, should remain about even, as rising European demand is balanced by rising protectionism for Europe's farmers...