Word: steel
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Dates: during 1980-1989
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Last week the West Side Federal Savings and Loan in New York City and the Washington Savings and Loan in Miami were acquired by National Steel Corp.'s financial subsidiary. The Government played matchmaker by paying National Steel subsidies-currently around $9 million a month-until its new partners return a profit...
...road winds slowly down the hillside, not lazily as winding roads are usually described, but with a vengeance, a tightly compressed series of hairpin turns descending to the river with an almost military efficiency. It crosses a narrow steel suspension bridge, wanders alongside the river, finally turning and cutting through the deep and wooded gorge, full of shadowy green and the sounds of rushing water, threaded by sunlight only during the early afternoons...
Ironically, the union that symbolizes best the group of workers closest to the President is the Professional Air Traffic Controllers Union, which in fact endorsed Reagan as a candidate. The PATCO employees, along with workers in such heavy industries as steel, automobiles, petroleum refining, mining, construction, and most defense-related industries have annual incomes significantly above the U.S. median. The gap in wages and benefits between these workers and those in lighter, more labor-intensive industries such as textiles, furniture, jewelry, and all sorts of non-professional service has increased steadily since the Second World War. In 1950, the typical...
...crew will lounge and fish from the deck, staring at water so cold that, as oldtimers joke, the only reason for wearing a life preserver is to help rescuers spot the body. Meanwhile, on a gravel causeway 1½ miles away, workers prepare to unload Kardonsky's steel cathedral. Welders will separate the buildings from the barge decks. Transferred to the sort of crawlers that carry space rockets to launch pads, the buildings will creep to their final homes on the tundra amid frozen swamps, grazing caribou and flaming jets...
...board. They also solved a question that had long haunted Gimbel: Why had the ship gone down so swiftly? Descending through the hulk, Gimbel and Diver Ted Hess cut a hole in a duct and pushed down past three decks to the generator room, squeezing through silt and broken steel plates until, astonished, they found themselves on the sea floor. The icebreaker bow of the Stockholm, Gimbel concluded, had simply "torn the guts out of the Doria" Several days later, expedition members, suffering from colds and ear infections, voted to quit while they were ahead...