Word: steels
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Dates: during 1970-1979
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...quite a bit invested. Private twirling lessons can run as high as $25 an hour. A week at one of the dozen or more twirling camps that blossom in the heat of Texas summer is about $90. Stretchy costumes cost as much as $60. The batons themselves, chrome-plated steel from 16 in. to 30 in. long, are about $12.50. Twirler parents spend about $600 a year, and some begin pushing their daughters into contests before they are old enough to go to school...
Safer supplies. U.S. ammunition depots and even aircraft used to sit out in the open in West Germany, vulnerable to attack. Now all U.S. warplanes are tucked safely inside $550,000 concrete and steel hangars. These are capable of withstanding a direct hit from a 500-lb. bomb. Many command posts, ammunition dumps and fuel depots have been similarly hardened. Tougher training. U.S. forces in Europe train more frequently and in more realistic circumstances than in the past. Surprise alerts sound at any moment of the day or night, sending troops racing to their posts. During the exercises, communications...
Ohira is a stocky, heavy-lidded farmer's son who sifts his thoughts, acts cautiously and speaks slowly. But behind Ohira's placid manner lurks a strong mind and steel will. He is more intellectual than most Japanese politicians. At least once a week he visits a bookstore to browse and buy; he reads Japanese authors and foreign writers in translation (a recent acquisition: John Kenneth Galbraith's The Age of Uncertainty...
Generally, the Administration has won the reluctant cooperation of business. Last week General Motors and AT&T announced that they would comply with the guidelines. Increases in steel prices and railroad rates have been held within the basic standard, which calls for companies to limit price rises over the next year to half a percentage point below their average annual rises in 1976-77. Still higher increases may be made by companies with special problems, like rapidly rising raw material costs, so long as their pretax profit margins do not go above the average for the best...
...expectations and rising prices, produced an economic Molotov cocktail. Government workers, their salaries ravaged by inflation unofficially estimated at more than 50% last year, went on strike. They were soon followed by 67,000 workers in the oilfields and employees in the post office, national airline, customs, telephone and steel companies and power stations...