Word: bolstered
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From Secretary of Commerce Sinclair Weeks last week came the Administration's program designed to bolster the nation's sick railroads. For immediate relief, the Administration proposed that the Government guarantee $700 million in loans; $500 million would be used to improve plant and facilities, $200 million for new freight cars. For long-term aid, the Administration wants to: ¶ Give the Interstate Commerce Commission power to drop unprofitable passenger and freight runs, and end the power of state commissions to block the ICC. ¶Tighten up on truckers now exempt from ICC rate regulations, since the Administration...
Picked for a Patsy. To bolster his case, O'Malley retreated to New York and started looking for a traveling companion. The National League's train and plane fares for a summer schedule would shoot up as much as $35,000 per team if two teams went West. The cost of accommodating only one California club would have been prohibitive. O'Malley had already picked out his patsy. Horace Stoneham's New York Giants were going broke up in the Polo Grounds. O'Malley simply called San Francisco's Mayor George Christopher, invited...
...campaign to make worried consumers spend more will be prepared by Manhattan's McCann-Erickson Inc., which also conducted the 1954 Advertising Council campaign to bolster national confidence. It will emphasize that 1) the U.S. population is growing by 4,000,000 people each year, and the prosperity curve follows right alongside the population curve; 2) family income, even after taxes, is at an alltime high of $5,300, is expected to pass $7,000 by 1975, and individual savings are at a record level of $340 billion. Among the ads: the picture of a stork perched...
GERMAN FORDS will start rolling into U.S. foreign-car market (now 5% of all sales) next month. Ford will bolster its fast-moving line of English-made cars by bringing in 5,000 sporty "Taunus" models, which get up to 35 miles per gal. Cost: around...
...midst of this clamor, President Chamoun has apparently decided to try to change the constitution so as to run for a second term this fall. The Nasser sympathizers seized on this issue to bolster their cause. One night last week a gang of gunmen sneaked up on the President's summer residence, empty at this time of year, and riddled it with bullets. The government banned all demonstrations and ordered all pictures of Nasser pulled down. There was a brief Cabinet crisis, in which Premier Solh shuffled his ministers in a faintly propitiatory manner...