Word: slowdowns
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Dates: during 1960-1969
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...Avanzo's union may not have been striking, but the 180,000 daily commuters on the Long Island Rail Road could hardly tell the difference. Because of a 30% curtailment of normal service, which the state-owned Long Island blamed on a slowdown by D'Avanzo's car repairmen, overcrowded trains whizzed by their usual stops, forcing thousands of frustrated commuters to abandon the platforms in search of other transportation to their jobs. Engaged in a dispute with the ailing Long Island over job security, the union conceded that its men were refusing to work overtime...
Ticket Strike. Other slowdowns have taken a variety of forms. To back up their demands for higher pay and shorter working hours, Kansas City firemen resorted to a slowdown in 1966 during which they continued to answer alarms but refused to keep records, make safety inspections or clean up debris after fires. Detroit policemen, demanding more money and better work conditions, staged a brief "ticket strike" last year, deliberately cut the number of summonses issued for minor traffic violations by 50%. Slowdowns also occur when workers phone in sick in large numbers, a ruse used over the past 18 months...
Such tactics often prove remarkably successful. Last fall 800 Los Angeles County probation officers deliberately dragged their heels on the job, winning a reduction of case loads in the process. Far more dramatic is the current slowdown by Federal Aviation Administration air-traffic controllers, which has snarled airports in metropolitan New York and elsewhere with flight delays. Unhappy over a manpower shortage and congested skyways, the traffic controllers have been playing strictly by the rule book in clearing planes for take-offs and landings. They scored one breakthrough earlier this month when Congress empowered the FAA to hire an additional...
...week foresaw much chance of a quick rebound, though fewer still expected the slide to grow into a severe plunge. "The market is awash in a sea of doubt," said Vice President Robert T. Allen of the Manhattan firm of Shearson, Hammill. Along with the prospect of an economic slowdown because of the 10% income tax surcharge, there were worries over declining profits, falling interest rates (which help to suck investable funds back into bonds), and reduced business spending on expansion. With many big institutional traders sitting on the sidelines, trading volume slumped along with prices. On the final...
...realities of the marketplace to force a rollback in steel prices. After all, higher prices figure to make it even more difficult for the industry to compete with low-priced foreign steel. Nor will they help steelmakers in their efforts to drum up business during the general economic slowdown expected during the next six months. "We hope," said Johnson, "the competitive factors will, as they have in the past, bring about a readjustment on the action that the Bethlehem company has taken...