Word: shutdowns
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Dates: during 1970-1970
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After just a few days of stoppage, and with parts of the system still operating, the effects of the shutdown appeared to be little short of devastating. The nation's postal system handles 270 million pieces of mail a day and moves everything from bank drafts to draft notices. Census questionnaires were scheduled to go out to every American family this week. No Government agency or business?and few individuals ?could escape the impact of the mail strike. Postal service, once taken for granted, suddenly affected everyone by its absence...
...Wall Street, checks, stock certificates, bonds and the other financial papers that are the lifeblood of the world's busiest stock exchange failed to arrive, hampering business and forcing officials of the New York Stock Exchange to consider a market shutdown if the strike continued much longer. Mail-order houses and periodicals that depend primarily on subscriptions were immediately damaged. The garment industry, which deals heavily in mail orders demanding immediate filling, was also disrupted. The telephone and telegraph became ever more valuable, but telephone facilities in New York were already taxed to capacity before the strike started. How much...
...nation, Secretary of Labor George Shultz said last week, cannot stand for a coast-to-coast rail shutdown. Over the weekend, the U.S. came within an inch of just that disaster, and the threat, though momentarily averted, remains...
Turner figures that advertising losses during his battle for vindication have run Today $70,000 into debt. But he is not about to sell shoes again. After a long shutdown, Today resumed publication in November. And, Turner declares, "once I get a little money together, we're going to expand our reporting into other counties...