Word: railroads
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Moving with the force of a runaway freight, a strike by railroad clerks swept the country last week and, before it ended, seriously snarled most of the nation's train traffic and threatened to derail much of the economy. If nothing else, the four-day ruckus showed just how dependent the U.S. still is on its rail system-and how quickly it can be disrupted by a single union...
...sides into an accord. If at the end of 60 days no agreement is reached, the union would be free to resume its strike. Under such circumstances, past Presidents have sought emergency legislation to avert another walkout. In 1971, for example, Congress imposed a settlement after a strike by railroad signalmen...
Finally last week, on the day after the Schleyer memorial services, Willy Peter Stoll's luck ran out. A woman recognized him as he sat sipping a beer in a nondescript Chinese restaurant near the Düsseldorf railroad station. She alerted the police. Minutes later, two plainclothesmen walked into the restaurant, sat down, studied their quarry for a couple of minutes. Then they rose, approached Stoll and ordered him to surrender. Dropping his hands like a Western gunfighter, Stoll reached for a 9-mm. pistol concealed in his jacket. Before he could draw...
Much depends on the skill of Mediator Healy, 62, who has been settling labor disputes, especially in the railroad and maritime industries, since 1945. "He is one of the two or three best in the country for this kind of work," says Horvitz. Under the unusual bargaining agreement, Healy has considerable room for maneuver. Both sides will have to be wary of rejecting proposals for fear that the final binding arbitration might be worse...
...chief boon for the companies has been higher productivity. Staffers are still close enough to Manhattan to run in for a Broadway play but are spared the drudgery of daily commuting. They no longer wander in late because of railroad tie-ups, and they tend to stay to clean up the day's work rather than flee at the stroke of 5 p.m. to catch the next train. Some firms have even been able to lengthen their formal work week. The Olin Corp., whose 1969 move from Manhattan to Stamford led off the exodus to Fairfield County...