Word: worlds
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Dates: during 1970-1970
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Spasm of Cost Cutting. When 1970 began, few corporate chiefs foresaw a slowdown as great as the one that occurred. They reacted with a spasm of cost cutting, which Federal Reserve Chairman Arthur Burns calls "more widespread and more intense" than at any time since World War II. Unprofitable products were dropped, inefficient factories closed, research projects curtailed, advertising budgets pruned. It was the year of the layoff. Labor hoarding gave way to payroll paring at every level. Liaison men, coordinators and other functionaries with fuzzily defined duties proved to be particularly vulnerable. Layers of superfluous executives, built up over...
...goes into a dive whenever business in general weakens. This year companies reduced business travel, presidents moved back to the tourist-class cabin, and families postponed faraway vacation trips. The nation's twelve major airlines expect to lose as much as $125 million before taxes in 1970; Trans World Airlines alone will show a deficit of up to $65 million. The industry predicts even bigger losses in 1971 and 1972, although it has made stringent economies. The number of flights has been reduced, and United even saved $250.000 a year by eliminating macadamia nuts on most runs (passengers...
...WORLD OF CHARLES DICKENS by Angus Wilson. 302 pages. Viking Press...
...writer, such fame was unprecedented then, and has been unimaginable since. Not just fame, either, but ardor and devotion. In The World of Charles Dickens, English Novelist Angus Wilson suggests that Dickens, publishing most of his works in serial form, achieved the same intimate, regular contact with his audience as Scheherazade in his childhood favorite, The Arabian Nights. Dickens kept telling another tale. Jokes and fantasies, social and political critiques, plummy visions of Christmas swept from his pen. He even wrote a front-page article in his own magazine, Household Words, to explain and justify the breaking...
...also is fascinating that, in an essentially repressed society, murder and violence seem to have occurred about as frequently as they do now in the "liberated" freewheeling modern world. Indeed, when set against Altick's grisly social canvas the current scene seems almost heartening. Unfortunately, the book is afflicted with the compulsive attention to micro-detail that distinguishes scholarly research from literary communication...