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Architects of the rubber settlement were Labor Secretary W.J. Usery Jr. and Federal Mediator James Scearce, who had to twist "a few arms on both sides," as an aide put it, to get the crucial pay agreement. The threeyear, 36% increase runs ahead of other recent major labor settlements, which have been in the 30% to 33% range. Washington, however, regards the hefty increase as unavoidable because the rubber workers have lagged behind other industrial employees in pay raises during the past three years. For instance, auto assembly-line workers, who are currently negotiating new contracts of their...

Author: /time Magazine | Title: LABOR: The Losing End | 8/23/1976 | See Source »

...Kauper's major accomplishments in office was to lobby successfully for stiffer penalties against price-fixers (threeyear prison sentences for individuals and $1 million corporate fines v. the previous one-year sentences and $50,000 fines). But after 19 months on the books, the new felony penalties have never been successfully invoked. More to Kauper's credit has been the rise in public awareness of antitrust and its relation to consumer wellbeing. Says one department official: "There is now a constituency for antitrust." Unfortunately for Kauper's successor, who may be Cornell University Law Professor Donald Baker...

Author: /time Magazine | Title: ANTITRUST: In Favor of Business | 6/21/1976 | See Source »

...February to become U.S. Attorney General. Before that, Wilson, who holds a Ph.D. in psychology from Stanford, was Levi's right-hand man as provost for five years, and earlier was dean of faculties. One of Wilson's toughest jobs as president will be to sustain the threeyear, $280 million fund drive designed to keep Chicago one of the top universities in the nation; started in June 1974, the fund drive has produced $110 million...

Author: /time Magazine | Title: Education: New Man at Chicago | 12/15/1975 | See Source »

...Thieu than the opposition moves is whether the U.S. Congress will approve the $300 million in additional military aid requested by President Ford. That approval seems as unlikely as ever. Nor does the "compromise" described by Secretary of State Henry Kissinger at his news conference last week - a threeyear, $5.5 billion aid program - have a much better chance...

Author: /time Magazine | Title: VIET NAM: CRUMBLING BEFORE THE JUGGERNAUT | 4/7/1975 | See Source »

Turkey's decision to legalize poppy crops represents the worst setback yet in what has been an effective Nixon Administration crusade against the worldwide drug trade. Before Turkey originally agreed to halt its planting in return for a threeyear, $35 million aid program from the U.S., its annual crops followed a trail that led through the processing labs of Marseille ("the French connection") to the U.S. Turkish-grown heroin accounted for fully 80% of the total U.S. supply...

Author: /time Magazine | Title: TURKEY: Opium's Lethal Return | 7/15/1974 | See Source »

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