Word: railroads
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...Providence & Worcester Railroad is a tiny (50 workers, 75 miles of track) Rhode Island freight hauler that has been beset by more problems than "the little engine that could" of children's fiction. In the past ten years, the giant Penn Central has tried to squeeze it off the tracks, it has lost seemingly do-or-die battles before both the Interstate Commerce Commission and the U.S. Supreme Court, and it has had to tough out an uphill struggle to survive on its own after years of being operated under lease. Today the line appears to be chugging toward...
...guarded by foot patrols and a Coast Guard cutter has been returned to the public. Last week a stream of strollers made the one-mile trek along the sand from San Clemente State Beach to stare at-and try to peer over-the wooden fence behind the railroad tracks and the 25-ft. bluff behind it. All that the curious could see was the gazebo that was refurbished at public expense and a corner of the main building. Richard Nixon stayed out of sight, as secluded in the Casa Pacifica at San Clemente as he was in his last weeks...
More strikes threaten. Aerospace industry bargaining has just got under way. Later this year there will be contract talks covering 500,000 railroad workers. In November, just in time for winter, 80,000 mine workers will be seeking a new contract. They may try to hold down output so that supplies could fall perilously low and managements feel pressure to settle generously...
...themselves an integral part of the Spanish nation. It is only after watching documentary sequences from a movie such as To Die in Madrid that we can truly understand the tragedy of the destruction of the Spanish Republic. We see avid militiamen raising clenched fists out the windows of railroad cars headed for the front. We then see them scurrying like scared rabbits through the din and smoke of the battlefield, advancing in spite of their terror. We are witness to heaps of mutilated bodies lying in fields where, a year earlier, wheat was almost ready for harvest...
...narrow constituencies, often adopt policies that spur rather than slow inflation. For example, the Agriculture Department is now buying up $100 million worth of "excess" beef and pork in a deliberate effort to keep prices paid to farmers and feed-lot operators from dropping. Federal regulatory agencies often set railroad, truck and barge freight rates high enough to protect the most inefficient carriers from competitive damage. A separate federal agency should be empowered specifically to watch for such practices and try to get them stopped...