Word: undercutting
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...before national, state and local elections, when readership interest is at a peak; moreover, it marks the beginning of the Christmas advertising season, when publishers earn a hefty 25% of their yearly income. In trying to move in on the Guild's date, Powers is plainly trying to undercut his fellow union. And it speaks for the haplessness of the Guild that it has, however reluctantly, gone right along with Powers' strike in the vague name of union solidarity...
Perhaps too high. For Goodwin wanted to go farther, faster. He undercut his boss, Assistant Secretary Robert Woodward, an amiable career official, mainly by deft use of telephone calls to the White House. But he soon found that other New Frontiersmen had studied their guerrilla manuals. Woodward's successor, Edwin Martin, demanded and got a clear line of authority from the White House and Secretary of State Dean Rusk. With that, Martin began bypassing Goodwin on key decisions...
...center sends its list of the colleges with midyear openings to high school guidance counselors who subscribe to the center's reports Cat $22.50 a year). One effect is to undercut a racket that has grown up from the rush for higher education. To the dismay of reputable college counselors, a number of unscrupulous advisers work covert retainers from academically weak, dishonest colleges, charge parents big fees to get dull-witted youngsters into those same colleges-and then get a kickback (10% of tuition) from the college...
Although Stevenson's role on the battle line cannot have been helped by being undercut again by his own Administration, he remains an effective operator. The neutrals who greeted his appointment as a salvation have been somewhat disappointed; the Stevenson aloofness that prevents him from leaping into New Frontier society also prevents the kind of delegates' lounge chumminess that many expected of him. He has still been considered the pipeline from the smaller nations to the White House-and the line appears somewhat damaged...
...week's end, the Administration still planned to press for an injunction, despite its unhappy recognition that the move would undercut the union's bargaining position. The Taft-Hartley Act provides that unless a contract is signed within the first 60 days of the cooling-off period, the workers must then vote on the company's last offer. Lockheed's last offer was to give its workers an average wage increase of 21? an hour between now and 1964-but no union shop. And the betting was that if this were put to a vote among...