Word: hike
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...wage side, at the start of Phase II Kosters felt that many unions were entitled to substantial pay increases in order to catch up with past price inflation. But he urged that the line be drawn against aerospace workers when they won a big pay hike. To Kosters, the boost defied free-market economics: heavy layoffs in aerospace dictated modest increases, but pay was rising sharply because historically it had followed auto-industry wages. If wage inflation cannot be held down in an industry with an oversupply of labor, Kosters argued, it cannot be held down anywhere. The Pay Board...
...Nixon's Cost of Living Council, to withdraw requests for price increases on 1973 models that ranged upward from $85 per car or truck. G.M. eventually agreed to reduce its increase to $54 per vehicle and Ford came down to $59. Then, last week Grayson announced that no hike at all would be permitted. Any boost, he asserted, would push G.M. and Ford profit margins above permissible limits. Under Price Commission rules, a rise in price is not allowed if it would lift a company's profit margin-that is, its percentage of profit on each dollar...
...partial victory. General Motors, whose price moves are usually followed by the other automakers, offered to trim its increases by more than a third, to an average $59 per car or truck. Ford soon followed suit, offering to roll back its price hike to $59 also...
...trails as the first of 16 possible National Scenic Trails (see map). As yet, these are the only ones that are marked and maintained for public use, but when the system is complete it will be possible to follow the route of Lewis and Clark across the Rockies or hike for 825 miles past Civil War and Revolutionary battle sites near the Potomac. Hardy footsloggers may also be able to trudge the length of the Chisholm Trail-one of the three main cattle routes of the old Southwest-or retrace the exodus of the Mormons from Illinois to Salt Lake...
...roar-and voila!, the new art of sonic environments, "music" to the ears of those who would rather "hear" sound than "listen" to it. Walter (Switched-On Bach) Carlos here presents four tone poems-spring, summer, fall, winter-that give a good approximation of what a year's hike might be like on the Appalachian Trail. Possible uses: mellifluous Muzak for a flower shop or Japanese tearoom, or dozy balm for the pastoral-minded insomniac trapped in the big city...