Word: allowables
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Dates: during 1950-1959
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Latching onto the 1,000 employees of Roto-Broil Corp. (electric broilers), one crooked local was so helpful as to allow the management (1956 gross: $10 million) to keep about $23,000 in check-off dues. In most other instances Dio-controlled "unions" were nothing beyond fronts for extortion thugs, who sent their worried victims into the arms of Equitable Research Associates, Inc. For handsome fees Equitable saw to it that employers were never bothered by Dio's union organizers. Equitable's boss: Johnny...
...that the first try will be made with a sphere 6.4 in. in diameter weighing about 4.5 lbs. The original plans called for a 20-in. sphere weighing 21.5 lbs. and packed with instruments and radio transmitters. The reduced satellite will carry practically nothing beyond minimum radio equipment to allow it to be tracked through space...
Anderson and Aiken produced an amendment striking most of Part III from the bill; Johnson saw that the amendment got onto the Senate floor for action. Moreover, he rounded up so many votes to carry it that at the last moment he was able to allow some Northern Democrats to vote against the bill to strengthen their civil rights reputations back home. The amendment carried 52 to 38, and Part III was all but gone...
...Congress to approve a pair of bills designed to help them out of their financing problems. One was a bill introduced by Oklahoma's Senator Mike Monroney that would give U.S. feeder airlines a Government guarantee on any loan from private sources; the other, in the House, would allow airline operators, like homeowners, to reinvest proceeds from the sale of old planes in new equipment without paying a capital-gains tax. Without such help, warned the Air Transport Association's President Stuart G. Tipton, one of the most promising of all U.S. industries will stay "stuck on dead...
Reporter Kinmond, a Canadian citizen and thus unaffected by the U.S. State Department's refusal to allow newsmen into Red China (TIME, May 6), found a "nation in a hurry." a land of often violent contrast, where one-story brick huts jostle jerry-built skyscrapers, contraception clinics adjoin pagodas, Russian-built air transports load cargo from peditrucks. And, despite the chauvinistic pride that leads Communist functionaries and editors to date all progress from 1949, he found that "selfcriticism is almost a national phobia...