Word: backlog
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Dates: during 1950-1959
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When Beech Aircraft's postwar business fell so low in 1946 and '47 that the company went into the red, Olive Anne mapped out the cost-trimming program that got it back in the black. Last week, with a backlog of more than $50 million and major subcontracts from Boeing, Consolidated and Lockheed, it looked as though Olive Anne's first year at the controls might well be a record-breaking one for Beech Aircraft...
...made or judgment executed in a specific case until the court issuing the amparo has had a chance to review the case and decide whether the agency involved is acting within the law. Its great advantage from the lawbreaker's point of view is that the huge backlog of amparo cases virtually guarantees a three-to four-month delay before a hearing. When the time is nearly up, the shady character can find another judge and get another amparo...
...will increase the number of tribunals dealing with amparos, and assign to each court three judges, all individually empowered to hand down fast judgments in amparo matters. The measure is intended to reduce the backlog of cases and insure judgment within a few days...
When Kaiser-Frazer last week got a new $25 million RFC loan to help keep it solvent until it can sell its big backlog of cars, the terms were stiff. (K-F already owes RFC $43 million.) RFC ordered K-F to: 1) cut production from 800 to 600 cars a day; 2) raise no prices without RFC consent; 3) pay off the loan with 90% of the wholesale selling price of each car as it is taken out of storage...
...hand last week knocking on RFC's door. This time he wanted $38 million for his auto company, Kaiser-Frazer, which already owes RFC $43 million. K-F President Edgar Kaiser explained that the company needs the money to tide it over until it can sell its backlog of 18,000 cars. He said that the Government's credit restrictions had slowed up its sales so much that K-F had to cut production from 1,600 to 800 cars a day, would soon have to drop to 600. RFC offered Henry $25 million, and asked for stringent...