Word: allen
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Dates: during 1950-1959
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...Atlantic coast are nosy members of a Russian submarine fleet that numbers almost 500 boats, and is already ten times the size of Germany's wolf pack at the outbreak of World War II. Very soon, new Soviet boats will have missile capacity; Central Intelligence Agency Chief Allen Dulles estimates that ten missile-carrying subs could destroy 1,600 sq. mi. of the U.S. seaboard's industrial complex unless anti-submarine defenses stop them. Admiral Thach's job: to renovate an antisub screen that has become rusty with inadequate equipment, antiquated tactics and too much Navy attention...
...rise (see Metals), they have not been fast or sharp enough to hold down the steady rise in the cost-of-living index. Nor has labor trimmed its wage demands in the face of poor sales and lower profits (see Autos). Last week Chicago Federal Reserve President Carl E. Allen took both management and labor to task for what he called a "price and cost rigidity" that hinders the U.S. economy. His plea: more flexibility as one answer to the recession...
What good did Allen think his blast would do? Wrote he: "Performers who are relatively inexperienced will be cheered by the knowledge that O'Brian's destructive criticisms are in most instances unworthy of respect. To be criticized by O'Brian may well be an indication that you have talent. Perhaps this blunt presentation of the case for the entertainer will, after his initial shock and anger, lead O'Brian to consider mending his ways...
Columnist O'Brian did not see it that way. "Remember, all this doesn't make me angry." he told an interviewer, "even though it's an attack. I think the whole thing is unhealthy. It's sick, that's what it is. Allen gets criticism and turns on the critic. You know what this all means, don't you? It means 'Jack O'Brian doesn't like my show.' " Would Critic O'Brian reply to Critic Allen in his daily column? Said he staunchly: "I'm not even...
...Middle East. Agreement has been drafted to lay $500 million 1,100-mile line from Iran's Qum field (TIME, May 6) to Turkey's Mediterranean port of Iskenderun, and the two nations have offer of financial help from U.S. investors headed by Wall Street's Allen & Co. Prospect is that Iraq will hook into line via short feeder pipe, thus bypassing Syria...