Word: tiere
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...especially in the South. In South Carolina, for example, black State Senate Candidate McKinley Washington Jr., a Mondale supporter, has complained that Jackson backers in his district, which is 54% black, threatened to sit out his race, possibly tipping it to his white primary opponent. In Mississippi, a new tier of black party leaders who were active on Jackson's behalf has criticized the former Vice President for continuing to deal only with Mondale supporters. Charged Greenville Attorney Charles Victor McTeer: "Mr. Mondale has been slow to recognize the new black leadership in the South...
...also take a jaundiced view of what the U.S. Treasury is doing. Says Richard Banz, a bond specialist with the London subsidiary of Chase Manhattan Bank: "Never underestimate the ingenuity of a government when it needs money." Critics point out that the new legislation will create an unusual two-tier system in which American investors will continue to pay taxes on bond earnings while foreigners will not. For this reason, John Heimann, former U.S. Comptroller of the Currency, calls the tax repeal a "cynical decision" that invites abuses. American drug dealers and other tax dodgers could use foreign middlemen...
...week after negotiations broke down on a new contract with unions representing 600,000 postal workers, the U.S. Postal Service last week imposed a two-tier wage system to reduce costs. Under the plan, which Morris Biller, president of the American Postal Workers Union, denounced as a "provocative, union-busting tactic," newly hired workers will be paid about 20% less than those already on the job. Letter carriers, for instance, will start at $17,352, compared with $21,511 for workers hired earlier. The U.S.P.S. takes on about 40,000 workers every year...
...afraid that they will be forced out to make room for cheaper labor. But in several cases where employees feared layoffs, plant shutdowns or even bankruptcies, they have accepted such plans, sometimes against the wishes of their unions. Workers at Boeing, American Airlines and Safeway Stores have approved two-tier wage agreements in the past two years...
...fight in a record 1,654 bouts, making him something of a popular legend. Recently Takamiyama, 39, began to feel the combined effects of time and a string of injuries, losing 13 of his last 15 matches. Last week, confronted with a humiliating down-ranking to the third tier of sumo wrestlers, the 6-ft. 3-in., 400-lb. giant instead announced his retirement at an emotional farewell ceremony. "I am happy that I wrestled for 20 years," said a tearful Takamiyama. "I consider that as my biggest accomplishment." His departure from the sport will be formalized when his topknot...