Word: offing
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Dates: during 1970-1970
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Last Chance. The Administration put considerable muscle-including a threatened presidential veto of the appropriations measure-into its fight to persuade Congress to reverse itself. Nixon himself branded the addition of the rider as "dirty pool." Labor Secretary Shultz publicly scolded the A.F.L.-C.I.O. for its opposition to the Philadelphia...
Despite the furor it has raised, the Philadelphia Plan has really had little impact so far. The first real test of the plan's effectiveness will come next spring after contracts are awarded on three federal projects around Philadelphia, where the Labor Department is aiming at 1,000 more...
Discrimination Strongholds. By almost any standard, most of the 18 major A.F.L.-C.I.O. construction-trades unions are among the nation's most important remaining strongholds of racial discrimination. Among the construction unions' 1,300,000 members, about 106,000, or 8.4%, are blacks. The overall figures are misleading...
When inflation gets out of hand, industrial countries frequently turn to credit rationing as one way to discourage consumer spending or excessive borrowing by business. The U.S. has shunned such restraints since the end of the Korean War. The economic distortions produced by tight money, however, have revived the demand...
Last week President Nixon signed into law a bill giving him unsought power to allow the Federal Reserve Board to regulate the terms, amount and interest rates of all forms of credit. But the President, in keeping with his strong objections to most Government interference in the marketplace, made it...