Word: traded
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Dates: during 1960-1969
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...contrary to the interest of the U.S. Israel has nothing to offer this country. Our dealings with her are a one-way street-outgoing. All our economic interest is with the Arab nations who hold over 70% of the free world's known oil reserves, plus the short trade route to the Far East-both of which are vital to our English and European allies...
...operators to be given the Interior Secretary's wide regulatory powers over the entire $50 billion petroleum industry. Hickel has also alienated many Northeastern Senators by his opposition to a scheme for cutting fuel costs in New England by permitting imports of foreign oil through a free trade zone at Machiasport, Me. He has, however, promised to re-examine his stand on that...
...packers, the applicant was accepted. He was then authorized to go forth and do unpaid battle with the powerful, the lethargic and the secretive amid Washington's vast bureaucracy. Seven young volunteers, law students and lawyers from Ivy League colleges, spent their summer examining how well the Federal Trade Commission does its job of protecting the customer. Their 185-page report, released last week, mixes verbal assassination with hard-to-fault criticism of the inadequately staffed and over-comatose agency...
...often diminished by overstatement and an intemperate tone. Suggesting an anti-business bias, the report called the dishonesty of companies "far more damaging to contemporary America than all the depredations of street crime." Though anything but objective, the report drew support last week from an unexpected source. The trade journal Advertising Age joined the Nader team in knocking the commission's foot dragging: "No community is well served," it editorialized, "if its fire department habitually reaches the scene after the last spark has been extinguished...
Last of Her Kind. Who was to blame? Back along the Clyde, everyone accused everyone else. Trade-union officials faulted managers of Cunard and of the shipyards for disorganized work schedules, and made much of what they called a premature delivery date-although the ship is already eight months behind the original delivery schedule. The builders furloughed hundreds of workmen last November, only to rehire them in last-minute attempts to meet deadlines. Partly because workers were angered by the layoffs, there were many acts of vandalism-carpets were badly soiled and wood flooring was gouged. Hundreds of workmen were...