Word: steel
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Dates: during 1960-1969
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...Johnson also had an admonition to labor. Said he: "We must not choke off our needed and our speedy economic expansion by a revival of the price-wage spiral." Then he turned upon labor the very same words that President Kennedy had used against industry after the dramatic 1962 steel crisis: "We can and must, under the responsibility given to us by the Constitution, and by statute and by necessity, point out the national interest. And, where applica ble, we can and must and will enforce the law on restraints of trade and national emergencies " When he finished, he stood...
...keeping things in balance. Rice rations were trimmed last month for the third time in a year, sugar grows increasingly short, meat is a luxury available only to the army and select workers -and then a ration of only three-quarters of a pound per week. Even coal and steel production, of which Hanoi was once so proud, is lagging. And though Ho Chi Minh continues to direct and aid the subversive war against South Viet Nam, for all his bluster he seems nervous about the possibility of stepped-up U.S. support of Saigon-or the war's being...
Debate in Steel. In the 18th century Hungarians introduced the modern saber, a descendant of the Mohammedans' curved scimitar, and by mid-19th century, Italians were dueling with the épée. Fencing, the swift and subtle debate in steel, had come...
Western Tablet & Stationery Corp. has changed to Westab, and American Steel Foundries to Amsted Industries...
...building on Rome's Via Veneto, encourages the chiefs of its 130 companies to stand on their own with a minimum of bureaucratic stuffiness. IRI has sold to private investors up to 45% of the stock in some of its individual companies, has joined in ventures with U.S. Steel and Raytheon. Italy's leftists have damned IRI as a thinly disguised capitalist entity; on the other hand, conservatives have complained that it aggravated inflation by breaking industry's united front against the unions' wage demands last year. But almost all political factions support the company because...