Word: stiffeners
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Bosworth agrees that the Administration's policy toward inflation is at last beginning to stiffen. Until recently the President's top economic aides relied almost exclusively on informal talks with industry and labor leaders to keep wages and prices in check. These sessions will continue, says Bosworth, but in addition the White House is now prepared to speak out against what it considers unjustified price hikes. Indeed, last week, President Carter ordered the council to investigate pricing policies in the steel industry and told the Pentagon to be sure to buy the lowest price steel available. Last month...
Still, the long-striding dark bay will be a firm favorite for the 1 1/16-mile Preakness in Baltimore later this month, though his competition will stiffen there. He may have serious trouble in New York's Belmont Stakes; the 1 ½-mile distance could prove too much for him. While his performance may mute Triple Crown talk, Seattle Slew was still the best at Churchill Downs on Kentucky Derby Day, which makes him this year's colt with a shot at U.S. racing's most coveted sweep...
Carter may have some new faces to contend with in labor. Mine Workers President Arnold Miller is likely to be challenged by U.M.W. Secretary-Treasurer Harry Patrick in the union election in June. Patrick might stiffen union bargaining demands. AFL-CIO Chief George Meany, 82, could retire this year. His likely successor: Lane Kirkland, the federation's quiet, intellectual secretary-treasurer. There is also a strong possibility that the United Auto Workers, divorced from the AFL-CIO since 1968, may rejoin the federation...
...York host is assigned to each state delegation and helps us get tickets for the theater and sports events. Even Shakespeare is free out in Central Park. I saw Henry V. He knew how to make a speech: "Then imitate the action of the tiger;/ Stiffen the sinews, summon up the blood." That is my idea of the kind of man who should run for President...
...unions and consumer and environmental groups, argue that putting the giant firms on the chopping block would open the market to greater competition, end price discrimination by the majors against independent marketers and ultimately result in cheaper petroleum products. More important, they insist that splitting up the industry would stiffen its approach to oil-producing countries, which have quintupled the price of crude in recent years. A fully integrated company, the critics say, has a vested interest in playing ball with the producers, while a marketing and refining firm without producing interests would haggle more vigorously for lower prices...