Word: stalled
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...terrible; like Columbia it has had but one moment of glory, a victory over Colgate which had beaten Princeton. Harvard managed only a one touchdown win over Columbia and despite what the experts say, "Pusey" starts with an "8" and "Heffner" with a "4." Thus, says the IBM Shower-Stall I-22, Harvard 17, Brown...
...fight inflation "without increasing unemployment." In Washington, Chief White House Economic Adviser Arthur Okun took exception to the view that braking measures would have to be continued for very long. Inflation, he warned, might be less of a hazard than a prolonged slowdown, which could bring on "a stall and perhaps a tailspin...
...make the most of parking-space profits, which range from $500 to $2,000 a year per car space, depending on location. Speed-Park uses a computer-controlled moving elevator platform to whisk a car to one of eight levels, where hydraulic machinery shovels the auto into an empty stall. Total time for the cycle: 30 seconds. The system is by no means inexpensive; a one-elevator setup costs about $1,000,000, but Otis claims that it costs no more to maintain than a passenger elevator...
PATCO is still not pacified. It claims it will keep the pressure on until the airlines move prime-time flights into off-hours, a new jetport is agreed upon by New York, and new equipment is promised by the Federal Government. The stall is sending the airlines into tailspins. It costs $10 a minute to keep a 707 jet in the air, and pilots by contract cannot fly more than 80 hours per month. If the slowdown continues, the carriers will run out of pilots and the passengers out of patience...
...reason is that British unions operate in a legal near-vacuum. They are not bound by agreements they sign, are not liable for authorized acts of their officials. Industry-wide bargaining is al most nonexistent, and there are no provisions for cooling-off periods or court injunctions to stall outrageous strikes. Still, the Royal Commission, which was headed by 70-year-old Lord Donovan, a former leader of the dockworkers, rejected proposed legal curbs on wildcat strikes. And it is fair enough to say that as long as the British labor situation remains the way it is, neither devaluation...