Word: postalized
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President Nixon signed the Postal Reorganization Bill into law at elaborate ceremonies at the Post Office Department. In attendance were all living former Postmasters General, including James Farley, and the President passed them the pens that marked the end of the job they once held. Under the reform, the Post Office becomes an independent agency, establishing rates and appointing a staff free of political patronage. A 2? increase in the first-class mail rate is expected during the first year of operation, as the agency takes steps toward putting itself on a breakeven economic footing. The reformers hope...
...Nixon regime, already discredited by the Cambodia misadventure and its demonstrated hostility towards labor (via its official strike-breaking activity in the postal, railroad, and G.E. outbreaks), sensing a sudden, premature retirement, is too nervous to legislate controls. The liberal opposition is too interested in November to bare its heart. The political environment is right for introducing an altogether new type of "Control Policy."( The author, a 25-year-old Temple University graduate, is one of the founding members of the National Caucus of Labor Committees...
...direct rein" on Agnew. The closest thing to any sort of curbing came when Nixon obliquely suggested to Agnew that he broaden his topics beyond dissent and the media. Nixon had his own speechwriters send Agnew some material on foreign policy, the welfare program and postal reform; Agnew was duly heard from in public on all three subjects...
...group put forward the idea that there should not only be a demonstration against Agnew, but also one against Mayor Carl Stokes. They claimed that Stokes was against the workers, even though he was black. They referred to the calling out of the National Guard to break the postal workers' strike. The planners of the conference wanted instead only to have a peaceful and orderly demonstration in front of the Sheraton against Agnew...
...comments spread an impression that the Federal Reserve would continue to expand money at much more than the 3% to 4% rate that Burns had previously indicated was his target. Perhaps-but the April and May increases were artificially large because of many factors, including the effects of the postal strike. Burns worries that putting too much money into the economy would fuel further inflation, and he said in Churchillian fashion at the dinner: "I have not become chairman of the Federal Reserve to preside over continued inflation in this country...