Word: slowdowns
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...from as far back as 500 B.C. prove that days have been lengthening by an average of 1.8 milliseconds every century as tidal drag on the earth caused by both the moon and sun gradually slows terrestrial rotation. The same records confirm that sudden changes in the rate of slowdown have occurred before, probably because of varying interaction between the earth's mantle and its molten core, or shifts in atmosphere circulation and ocean currents...
Expansionist Policy. The Administration's reaction to the problem of inflation has been a slowdown best summarized by Treasury Secretary Henry Fowler: "If you take your foot off the gas pedal, you won't need to use the brake." In one more letup on the gas last week, the House Ways and Means Committee approved Administration proposals to restore 7% excise taxes on autos and 10% taxes on telephone bills; the committee also approved a faster schedule of corporate-tax collections and a stepped-up pace for personal income-tax withholding...
Available jobs are also on the rise because U.S. industrial productivity is not growing as fast as it did earlier in the 1960s. Productivity has been rising 3.2% annually for the past several years; the 1965 gain will be just below 3%. Why the slowdown? Increased demand has pushed factories into producing at 89% of their capacity, is forcing them to use older, less efficient machinery and less skilled workers. Shortages of skilled labor are continuing to crop up in many industries...
...Crusade. One reason for the slowdown, of course, is that late fall is the peak of the cotton-picking season, and many Negroes are too busy toting to worry about voting. Also, without doubt, many fear white retaliation if they register. Nonetheless, admits Clarence Mitchell, N.A.A.C.P.'s chief Washington lobbyist, "we need to put in more effort." The most conspicuous absentee from the registration campaign has been Martin Luther King, who for years raised Negro suffrage as his battle cry. Since winning the Nobel Prize, "De Lawd," as his followers call King, has been so preoccupied with global affairs...
Morton May, called "Buster" by friends, oversees the chain from behind a modernistic slab desk on the eleventh floor of St. Louis' Famous-Barr store, the chain's flagship. Aware that the May Co. ten years ago showed signs of a slowdown under a 22-man board that included 11 members over 65, May continually recruits younger executives, schools them in the company's "fashion image." The curriculum is intended to teach them taste in merchandising in the same sense that May applies it to art collecting. May's aim is to make his stores leading...