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...their own, the 13 surviving U.S. merchant shipping lines and 14 shipyards could never survive. Partly as a result of high wages won by the unions, the U.S. long ago virtually priced itself out of the ocean cargo transport business. According to the U.S. Maritime Administration, the daily operating cost on a 90,000-dead-weight-ton U.S. ship is $14,300, v. $10,800 for a Norwegian and $9,700 for some Liberian-flag ships. Over the years, dozens of American shipowners have switched their colors to the so-called flags of convenience, notably Panama and Liberia, whose regulations...

Author: /time Magazine | Title: UNIONS: The Big-Spending Sailors | 10/25/1976 | See Source »

Good Friends. But later, President Ford vetoed the bill; he feared that the higher transport costs in U.S. ships would only incite further inflation, then running above 11%. That irked the maritime men, especially MEBA'S Calhoon. Says a top AFL-CIO official: "Jesse knows you've got to have friends in this business, and he's good at finding them." After Ford's apostasy, Calhoon threw the union's support behind Washington Democratic Senator Henry Jackson, who for defense reasons is a strong advocate of a healthy American merchant marine. Later, when Jackson...

Author: /time Magazine | Title: UNIONS: The Big-Spending Sailors | 10/25/1976 | See Source »

...stopped at nothing. Nine thousand extras? Get them! A supertanker to transport Kong to New York? Hire it! Everything about the production matched the proportions of its title character, except for one refreshingly small disaster: the infestation of the 40-ft. Kong by fleas...

Author: /time Magazine | Title: HERE COMES KING KONG | 10/25/1976 | See Source »

...importing and exporting of opera companies is perhaps the most unlikely growth industry in the world today. Just moving an opera company across town is a money-losing proposition; to transport one across an ocean, lock, stock and spears, is to risk bankruptcy. Yet in 1975 the Metropolitan Opera flew to Japan, and both the Deutsche Oper Berlin and the Bolshoi Opera visited the U.S. And now, beginning this week, two of Europe's most important opera companies will be mounting productions in the U.S. for the first time. Whatever the outcome of the new musical season, nothing...

Author: /time Magazine | Title: Music: Opera: Two for the Road | 9/13/1976 | See Source »

...that, in his view, "leaned toward imperialism." Zambia's Kenneth Kaunda, usually a quiet-spoken man, gave a shouting, lectern-thumping performance that amounted to a virtual declaration of war against Rhodesia and South Africa. "Assistance is urgently required," he said, "in the following fields: arms and ammunition, transport, food and medical facilities and personnel." Finally, the conference passed a resolution demanding an oil embargo against France and Israel in retaliation for their arms sales to South Africa...

Author: /time Magazine | Title: DIPLOMACY: Sri Lanka Summit: Noisy Neutrality | 8/30/1976 | See Source »

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