Word: railroading
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Dates: during 1970-1979
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...biggest and costliest ($1.6 billion) enterprises ever undertaken by the U.S. Army Corps of Engineers is now being challenged by a lawsuit. The Environmental Defense Fund and the Louisville and Nashville Railroad, which stands to lose business to the waterway, charge that the corps extended the width of the channel from 170 ft. to 300 ft. without proper authorization. The corps told a congressional committee in 1951 that it had no intention of widening the waterway and acknowledged that such a change would require congressional approval. Yet the engineers later proceeded to widen the waterway without clearly stated authorization...
...airlifted American oil workers and their families from Abadan, site of Iran's biggest refinery. Chartered Boeing 707s flew in to Isfahan airport. One convoy of 50 cars headed for the Turkish border, another for Iraq. But the majority of evacuees converged on Tehran's airport, despite railroad and domestic airline strikes. Some went to the airport at night to avoid being seen. Shirley and Bill Johnson, a Texas couple who had hired a taxi for the 260-mile journey from Isfahan to Tehran, were asked by their driver, who did not want to be seen transporting foreigners...
...locally at a higher price than if it had been bought in another state. As a result, even during the severe gas shortages of recent winters, a few producer states such as Texas and Louisiana had more gas on hand than they knew what to do with. The Texas Railroad Commission, which regulates gas within the state, has kept a lid on new production since last January because of insufficient local demand...
Wilmot (pop. 1,202), just five miles from the Louisiana border, is a farm town: cotton, beans, rice and some cattle. A railroad track runs down the main street past a pair of gas stations, an auto-supply store, Jane's Grocery, the Wilmot Bank, the Bennett Pharmacy and Aunt Martha's Antique Shop. Next to the police station (one chief, two patrol officers) on the west side of the street is Lake Enterprise, so low in this drought year that the tangled roots of the cypress trees are visible above the water line. One lone fisherman pilots...
Generally, the Administration has won the reluctant cooperation of business. Last week General Motors and AT&T announced that they would comply with the guidelines. Increases in steel prices and railroad rates have been held within the basic standard, which calls for companies to limit price rises over the next year to half a percentage point below their average annual rises in 1976-77. Still higher increases may be made by companies with special problems, like rapidly rising raw material costs, so long as their pretax profit margins do not go above the average for the best...