Word: steel
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Dates: during 1960-1969
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...JOSEPH L. BLOCK, chairman of Chicago's Inland Steel Co., who in 1962 helped break the steel price rise by refusing to go along with the rest of the industry: "The wage-price guidelines are unjust, discriminatory and harmful to the economy. Steel and a few other so-called basic industries are expected to adhere rigidly to the prevailing prices, while thousands of others go their merry way and raise prices at will. The Government's attack on inflation should be through the exercise of proper monetary and fiscal policies. Federal expenditures such as public works should...
...THOMAS F. PATTON, chairman of Cleveland's Republic Steel: "A tax increase at this time may prove to be not only unnecessary but also injurious to continuous sound growth. The nation has not yet had sufficient time to feel the full deflationary effects of the increased rates on borrowing, high social security taxes, the upward adjustment in the schedules for tax withholdings and the renewal of certain excise taxes...
...Center, encouraged Protestant and peasant membership, and in 1949 edged out the older, better organized Socialist Party of Kurt Schumacher to win Germany's first free election in a generation. Then began the adroit maneuvering that brought Germany into NATO and won back the Saar coal and steel complex that France had taken. In 1953, he made his first trip to the U.S. and stood at attention in Arlington Cemetery while an American military band played Deutschland fiber Alles...
...sentence blithers and blathers and blunders along for five pages and 1,390 words. Reading it can only be likened to the experience of a man who, having lost an election bet, has undertaken to eat a pad of Brillo and is wondering which is the more unpalatable-the steel-wool structure or the pink soapy filling. Sample Farrell: "Time moved slowly backwards through more than one thousand nine hundred and twenty years of A.D., and five thousand years of B.C., through all of the years and years of the Jewish calendar . . . before Hector was a pup, through the Neolithic...
Because G.M. is so pervasive in the U.S. economy, its cutbacks are felt throughout the country. The auto industry uses 22% of the nation's steel, 75% of its plate glass, 62% of its rubber-and G.M. is more than half of the auto industry, accounting for 51% of all sales. Last year, when it marketed a record 4,663,017 cars in the U.S. as well as 1,581,651 cars and trucks abroad, G.M.'s $21 billion volume accounted for more than 2% of the gross national product. Its federal tax payments came to $1.74 billion...