Word: accounting
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Dates: during 1950-1959
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...dispatched a mission of their own to Tokyo. The delegation was headed by Colonel Joop Warouw, Indonesia's military attache in Peking, and Lieut. Colonel Ventje Sumual, commander of the rebellious Northern Celebes area. Warouw sought out Sukarno in Japan's state guest house. Warouw's account of the interview (as relayed by Sumual): "I told him to get rid of the Reds or quit, himself. He reproached me for these words, and asked if I had forgotten our past comradeship. I reminded him I once saved his life in Surabaya during the war against the Dutch...
...person's state of health and humor from his "aura" (a cleaning man in a temper looked like "a figure smothered in blue smoke, shot through with flecks of angry red"). This was a mere overture to a long vaudeville show of astonishment presented in Rampa's account of his Tibetan life, The Third Eye (Doubleday; $3.50). Other attractions included levitation, riding in kites ("horrible swayings and bobbings did unpleasant things to my stomach"), man-mauling Siamese cats, Abominable Snowmen, and a visit to the mummified remains of one of his own previous incarnations...
...Cape launching of Explorer, Washington Correspondents Ed Rees and Sherwin Badger sweated out the rocket shoot with Pentagon brass, and Atlanta Correspondent Lee Griggs went to the Army's Redstone Arsenal in Huntsville, Ala., to report Huntsville's big stake in the firing. For a narrative account of the history-making night, see the first four pages of NATIONAL AFFAIRS...
...primarily to labor but to capital, i.e., improved machines and methods; relative to the whole economy, labor's contribution has actually diminished. The basic point is easier to accept than the statistics K. & A. attach to it: they flatly claim that workers in the U.S. account for less than 10% of the wealth produced, while capital instruments account for more than 90%. To K. & A., this means expropriation of capital as unjust in its way as the exploitation of labor was in "primitive" 19th century capitalism...
...Charles Merton Rohrabaugh, 63, executive vice president of Manhattan's Kudner advertising agency, was elected president to succeed J.H.S. Ellis, 64, who resigned in a move expected by the advertising world ever since Kudner lost the $24 million Buick account (TIME, Jan. 6). Minnesota-born Mert Rohrabaugh was principal of three Ohio high schools before entering advertising in 1925, joined Kudner...