Word: wage
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Dates: during 1960-1969
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Unlike the fight against the French, whom he took on largely within what is now North Viet Nam, Giap today must wage war by remote control, with every foot of the long line of command under potential attack day and night. He must wield the most cumbersome logistical system since Hannibal brought his elephants over the Alps, winding down through the mountains and jungles of Laos and Cambodia. Captured diaries of infiltrators tell harrowing tales of the journey. Marchers carry 70-lb. packs up 40° slopes, cope with insects, snakes, mud, hunger, disease and even, occasionally, the attacks...
Shattered Guideline. As the supply of skills falls, the price of labor rises, and the Government's 3.2% wage guideline is being shattered with impunity. Last week a presidential mediation panel authorized a 3.5% increase to 35,000 airline machinists. Plumbers in San Francisco two weeks ago won an 8% rise to $8.23 an hour, now collect more than most doctors for a house call-at least...
...potentially tillable land. Unlike Khrushchev, who concentrated on opening up Asian virgin lands, Brezhnev and Kosygin plan to put the main emphasis on improving already cultivated areas west of the Urals. Brezhnev also put his prestige behind the most unusual departure in Soviet agriculture since the 1930s: a guaranteed wage for the kolkhozniks (collective farm laborers) that will make their income nearly equivalent to the earnings of factory workers. The move reflected the government's desire to make farm jobs attractive enough to lure and hold skilled labor, which tends to flock to cities...
...prime complaint centers on what Chase Manhattan Chairman George Champion calls "government by guide line." Alcoa President John D. Harper and Inland Steel Chairman Joseph L. Block are just two of the many corporate chiefs who argue that the wage-price guides are unworkable and unfair in that they are applied unevenly and have not prevented wages from soaring in industries as varied as construction and textiles. Though he endorses many of Johnson's other policies, Gaylord A. Freeman Jr., vice chairman of the First National Bank of Chicago, criticizes the guideline policy because "it's not good...
...JOSEPH L. BLOCK, chairman of Chicago's Inland Steel Co., who in 1962 helped break the steel price rise by refusing to go along with the rest of the industry: "The wage-price guidelines are unjust, discriminatory and harmful to the economy. Steel and a few other so-called basic industries are expected to adhere rigidly to the prevailing prices, while thousands of others go their merry way and raise prices at will. The Government's attack on inflation should be through the exercise of proper monetary and fiscal policies. Federal expenditures such as public works should...