Word: backed
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Dates: during 1950-1959
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...recovery from the recession, even the hardest-hit industries are showing sharp improvement. Last week the laggard railroads were back on the track: carloadings rose to a 1958 high of 667,277 cars, only 8% under 1957. Several of the carriers deepest in red ink nudged into the black for the first time in almost a year...
...export income. Mexico also faces a loss of $12,000,000 in the year ahead, plans to minimize unemployment by giving smaller mines a break on apportionment of quotas within the country. Bolivia will lose $1,000,000, Australia $5,000,000. Some governments will have to cut back budgets to accommodate reduced revenues, may possibly slap on discriminatory quotas against U.S. goods in retaliation. But the State Department hopes the quotas will give an important push toward working out an international agreement to stabilize the prices of lead and zinc, hopes that the necessity for the quotas will then...
...United States Steel Corp., "you have to do business with both parties." American Welding & Mfg. Co. President William J. Sampson Jr. says that the truth is simply: "We're all yellow. We businessmen should stand up for what we believe in. But whenever it's controversial, we back away...
Since she was reinstated, charged the union, Joan has been working "in a closet in the back of the office, where she doesn't like it." Before it agrees to a new contract, the union wants Pan Am to admit that it was wrong, and to move Joan out front...
...completed her 90-day probation period just the day before, and thus could not be given the air without formal charges. Joan's union (the Air Transport Division of the Brotherhood of Railway Clerks) raised such a howl that Pan Am reinstated her. Last week Joan was back in the news as a pretty pawn in collective bargaining...