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Administration: By an Economic Cooperation Administration, headed by a $20,000-a-year administrator, a deputy administrator and a $25,000-a-year roving ambassador for liaison work abroad. ECA would be responsible for continuing reassessment of each nation's needs, would "work with rather than supplant existing agencies" such as State (on foreign policy), Agriculture (food), Commerce (allocation of items in short supply), the National Advisory Council (financial policy...
...industry, which for months has been free of major strikes, this was a disturbing symptom of trouble to come. Even more disturbing was the news that John L. Lewis was asking bituminous coal operators to give his miners a $1,200-a-year pension at 60 (after 20 years of service). If the operators failed to accede to this demand by Jan 1, Lewis would have an opportunity to call a strike in March...
...lately Ed O'Neal has slowed down. At 72, his hands and his head shake with palsy. He has difficulty lighting his Dunhill pipe. Last week, at the Farm Bureau's 29th meeting in Chicago, Ed O'Neal finally stepped down from the $15,000-a-year office he had held since...
...short. In 1939, Homer had been a hero at A. & M. He had a wonder team that year, starring "Jarrin' Jawn" Kimbrough, which was voted the nation's best. In five years, his Aggies had played in four Bowl games. Box office was good at the campus stadium. Last year, when old grads began yelling for his scalp, Homer, who has coached at Texas A. & M. for 14 years, calmly told them to put up or shut up; his $10,000-a-year contract still had three years to run. They shut...
Fadeout. After 2½ years as president of the Society of Independent Motion Picture Producers, Donald M. Nelson, ex-War Production Board chief, had had enough. He resigned his $50,000-a-year (plus $25,000 expenses) job to devote himself to "other business interests...