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    wagesforaround

    eightdollarstofifteendollarsanhour.theunionogive

    upaslightreduinrefusedtoacceptcutsinthepen

    sionahbes.theeloyersreportedlyaty

    pertreduinthespackage.wineryowners

    saytheunionhastoverallstshaveincreased.

    ”notonlyisyrossdopetitionhasforcedusto,

    increaserketingand,advertising,hererodingev

    errginhere.

    davidspauldingisgeneralnagerofaoga.

    spauldingvineyardsistinyparedtocharleskrugeandgallo,

    andspauldingvineyardsisnotonstrike,butdavidspauldingsays

    hefacesthesarketforcesasthebigguys.

    ithinkthebigproblesthesaproblehatfacesagricul

    turealloverthisuntry;andthatissurplus.youknoearepro

    duoreeffitly,andro

    duandi.

    spauldingsayseofthe

    overprodu,butnotallofit.asfortheunionleaders,they

    dontthinkitsagoodideatogivebackshe

    dendfortheproductisontheincrease.winery

    ingallthisan

    agent.jerrydavisisanofficialoftheunion.

    frohepeopleitalkedtotodayandtheiating

    tteeisstatihisproposal.

    theresultsareexpectedtobeknoion

    alpublidruoing.

    lessoneleven

    seone:newsinbrief

    tapescript

    1.texasairannouodaythatithetroubledpeople

    expressairlinesforaboutahundredandtillion

    dollars.theproposeddealostpeopleexpressebr >

    ployeestokeeptheirjobs,althoughthepanyuallylose

    itsidentityaoftexasair.federalofficialsstap

    provetherger.texasairisalstobuyeasteairlines.

    2.arallyoodayaftersixivelosingsessions,

    thedorialaverageehedayupnearlynine

    points,tocloseatseventeensixtysevenpointfiftyeight.

    3.flight”ofseventyforr

    politiiatodaytoaaticreceptionby

    thousandsofrelativesandheplanealsocarried

    forty7oivesofforrprisoheflightatednearly

    te.

    setail

    tapescript

    texasairrporationtodayannouhatithasagreedto

    buypeopleexpressairlinesforonehuillion

    dollarsinsecurities.texasairalreadyoialairlines

    andneisintheprocessofacquirieairlines.

    peopleexpress,ohefirstnofrills,loarriers,has

    beeninfinancialtroublelately.itoshutdossubsid

    iary,frontierairlfiies.texasaioiers

    assetsaspartofitsdeal

    el.

    barbara,itissaidthisisaveryattractivelohisone

    huilliondollarsinsecurities.besidesthat,why

    doestexasairpeopleexpress

    ”exasair,

    airplanesfroeopleexpress,ightneed.hethe

    lostheindustryatpeopleexpress.he

    aneinalatpeopleexpressisbuild

    ing.hellgetflightstolondon,ai

    tion.peopleexpresspetesheavily,especiallyiheast

    rridor,htexasair.

    thisissueofpetitionhasbeenastigpointbeforefor

    thedepartntoftransportatiooget

    together.hoe

    ightnot.texasairedtoacquireeast...,or

    entoftranspor

    .i

    tationsaid,no,notunlessyousellrelandingslots,reslotsin

    thenortheastrridortopanaothatepeti

    tionthere.andtexasairagreedtothatjustlastay

    happenagaihedepartntoftransportationyrequire

    thattexasairsellsoslatestoanotherairlioen

    surethatthereisstillpetitioniheastpartofthe

    rketplace.buttexasairhassoleverageherehthede

    partntoftransportationbecausepeopleexpressisafailing

    pany.andthedepartntoftransportationyfeel,well,well

    lettheuypeopleexpressarunning,ratherthaii

    failandloseallthosejobs.”

    hof

    transportation,eanfornsursiftheres

    lesspetitionthefaresuldpossiblygoup.”

    two

    petitorsiojustoneairlihatprices

    havetogoup.butiindthaturictedfares

    ofthekindpeopleexpressoffered,youknoricted

    fares,inatedandphasedoutanyhey

    entoftransportationtheory

    hereisthatifyouallerstotakeplaao

    takeplaightcreatereefficiesandlos,leading

    possiblytoloentoftransportation

    believesthattheresalotofpotentialpetitioninthe

    rketplace.airlinesveplanesaroundandbuygates,andso

    thatifanairlineinaparticularrketsegntakingalotof

    neyandraisingpricesexcessively,otherairlinesovein

    andpricespetition.sothatits

    aheory,thetheoryofpotentialpetitionkeepingpri

    liitssortofaclearthatthatsreallythe

    wouldwork.

    thanks.froeantel.

    sethree:specialreport

    tapescript

    ”audienceshavebeenverydevotedovertheyears

    ...
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