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...would account for only $500,000 of all borax sales, U.S. Borax hopes to sell the boron additive directly to dealers, swell boron gas into a healthy market. Boron is also being carefully researched for use in new plastics with high-temperature melting point, in atomic energy (since they absorb neutrons, some boron compounds can be used as reactor shields), in fire-retardant additives for plastics and paints, in new steel alloys. Says U.S. Borax President James M. Gerstley: "Unless the past reverses itself completely, we have to expect that the demand will at least double again in the next...

Author: /time Magazine | Title: CORPORATIONS: Element of Tomorrow | 6/10/1957 | See Source »

...Eisenhower (and Richard Nixon) on nearly all major issues. He aggressively opposes the Eisenhower budget, wants to cut it by $3 billion, slash foreign aid by $500 million (yet he embraces as his special overseas charges some half a dozen Asian nations-ranging from Nationalist China to Pakistan-which absorb a substantial chunk of foreign...

Author: /time Magazine | Title: National Affairs: Knowland at the Ready | 6/3/1957 | See Source »

...another steel price rise, for the twelfth consecutive year since World War II, to offset an automatic wage rise in July. Some plugged for $10 a ton, claiming that last year's boost of $8.50 was insufficient. Others wondered whether the steel market could absorb another price increase without further slackening demand, suggested a smaller boost. The best guess: July's increase will approximate last year...

Author: /time Magazine | Title: STATE OF BUSINESS: Optimistic Mood | 6/3/1957 | See Source »

...administer a control system for the jet age, Curtis last week recommended that the Airways Modernization Board be succeeded eventually by an even larger civil-military Federal Aviation Agency, which would absorb CAA and part of CAB. Empowered to police every inch of airspace, the new agency would probably lead to a new Cabinet-level boss for U.S. aviation. Meanwhile, CAA is planning a six-year, $810 million program of buying new electronic control equipment. It also hopes to boost present personnel from 16,000 to 24,000 in the next three years, will extend its radio and radar control...

Author: /time Magazine | Title: Business: Search for Safety | 5/27/1957 | See Source »

...State Department can absorb $18,103,000 of the cuts, Dulles said, even though the eliminated items represent "highly desirable expenditures...

Author: By The ASSOCIATED Press, | Title: United States Blames Russia's Intervention for Jordanian Crisis; Dulles Explains Budget Needs | 5/1/1957 | See Source »

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