Word: steel
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Dates: during 1970-1979
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...country's history, deploying most of its 10,000 police officers and 13,000-man army. More than half of Ireland's 3 million people saw the Pope in person, including more than a million and a quarter at the Mass he celebrated before a 200-ft. steel cross in Dublin's Phoenix Park. Addressing the largest gathering in Irish history, John Paul warned that "prosperity and affluence" tend to make people "more selfish in their demands...
...financially straitened Chrysler Corp. got a felicitously timed lift last week in its drive to persuade Washington to approve federal guarantees for loans from private banks. The Economic Development Administration decided to guarantee loans totaling $111.1 million for the Jones & Laughlin Steel Corp. to install pollution control equipment. Though that guarantee was granted under a special Administration program to help steelmakers meet the heavy cost of complying with environmental rules, Chrysler officials are sure to cite it as a precedent in their push for much bigger guarantees...
Aberle and Burns are about to complete five hours of work. Giving the cavern a last look, they scramble to a steel escape ladder that climbs straight up, 110 ft., through a hole bored in solid schist. Shifting from that ladder to a creaky elevator cage, they hoist themselves higher still. Beside the cage as it moves upward-to a mere 5,600 ft. below the earth's surface-water streams down the timbers used to shore up the shaft, acting as both lubricant and fire preventive. In the hot shaft it sounds, and feels, like a tropical rain...
...reception in the state. At her four stops, she may have felt as if she were confronting the same scenes she faced back in the days of Jimmy Who?small, undemonstrative, show crowds. Beneath a brilliant autumn sky, a tense-faced Rosalynn offered her usual blend of sugar and steel. "I'm very proud of Jimmy." she said in her soft drawl. "He has a solid record of achievement. He's proved his leadership." Pestered all day with questions about Kennedy, Rosalynn said repeatedly: "The last thing I heard the Senator say was that he expected the President...
...employ with a pension plan is having to pay soaring retirement costs. At Atlantic Richfield, the eighth largest U.S. oil company, the pension payout jumped from $60 million in 1976 to $80 million last year. The pension burden has become heaviest in the older capital-intensive industries such as steel, rubber and farm equipment, often because tough unions have increasingly asked for fringe benefits instead of simple wage hikes. Among other firms carrying particularly weighty pension loads are Uniroyal, Wheeling-Pittsburgh Steel and the Budd Co. A great many other firms have not taken care to set sufficient money aside...