Word: allene
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Dates: during 1950-1959
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...Cabinet room, an aide handed the President a note saying that Dulles had arrived and was waiting in the President's office. The President adjourned the meeting and walked back to his office with Vice President Richard Nixon, Treasury Secretary Robert Anderson, Central Intelligence Agency Director Allen Dulles, Deputy Secretary of Defense Donald Quarles, Joint Chiefs of Staff Chairman Nathan Twining, and a squad of other experts...
...Implication. Again, CIA's Allen Dulles and State's Foster Dulles briefed the meeting. If the U.S. does not act on Chamoun's request now, said the Secretary of State, "our prestige is gone; nobody will take our word again-ever. If we get there first, there might not be Communist intervention." If the U.S. refused to take a stand now, he added, the free world would stand to lose not only the Middle East and nearly three-fourths of the free world's oil reserve, but Africa and even non-Communist Asia...
Eight Finance Committee irresponsibles voted for the major changes. The Democrats: New Mexico's Clinton Anderson, Delaware's J. Allen Frear, Oklahoma's Robert Kerr, Louisiana's Russell Long, Florida's George Smathers. The Republicans: Indiana's William Jenner, Nevada's George Malone, Pennsylvania's Edward Martin. Often thought of as a blinkered old fogy, Virginia's Committee Chairman Harry Byrd. 71, rose to his responsibility by backing the House's version...
...major consideration is corporate net worth. In 1952, for example, the board noted that Boeing Airplane Co. made a return on "beginning" net worth of about 93%, ruled that it had excessive profits of $10 million. Boeing President William McPherson Allen calls such a yardstick "callously fallacious." He and other planemakers argue that net worth does not reflect the greatest asset of any company: its know-how team of engineers, manufacturers and administrators. Moreover, it neglects the many profitless years of costly drawing-board development, design and prototype testing...
...Government is working hard to instill in its contractors. The Government offers contractors 20? of every dollar they manage to save under the contract price of an item. But no sooner is the incentive payment dispensed than it can be demanded back as excessive profit. As Boeing's Allen says: "By all odds the most unenlightened aspect of the whole renegotiation mess is that it ignores how good a job you're doing-how many dollars per pound you're saving the Government by beating cost figures." In seven years of producing...