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...this made frolicksome old Kamthorn Visuthiphol stop and think. Merchant, banker and millionaire many times over, Kamthorn was rich in more ways than one. He had six wives, 25 children and, as an extra bonus from nature, eleven fingers. But, what with the astrologers and all, even Kamthorn could never be quite confident, so that it was in the Year of the Goat that he first began to listen attentively when the local priest, Abbot Phra Viradhammuni of the Trai Mitra monastery, begged him for the thousandth time to help build a temple...

Author: /time Magazine | Title: THAILAND: The Golden Lining | 4/30/1956 | See Source »

...last previous full vote came on Jan. 27, 1936, when the Senate voted, 76-19, to override Franklin Delano Roosevelt's veto of the soldier bonus bill. The one vacancy in the Senate at that time was caused by the assassination of Louisiana Democrat Huey Long; the present vacancy was caused by the death of West Virginia Democrat Harley Kilgore...

Author: /time Magazine | Title: THE CONGRESS: The First Harvest | 3/19/1956 | See Source »

...Chicago audience, a generally conservative one, did not demonstrably go for the Milhaud work; in fact, most of them did not go to hear it, but got it as a bonus with the star attraction, Jascha Heifetz and the Brahms Violin Concerto. But, in time to come, Milhaud's piece should win hearers on its own merit...

Author: /time Magazine | Title: Music: Trim Symphony | 3/12/1956 | See Source »

Many planemakers think a fixed price plus incentive bonus for producing cheaply works best, feel that they can both save the U.S. money and make more themselves. Yet only .9% of all contracts are bonus incentives; most are straight fixed price or cost plus fixed fee, depending on what the Pentagon prefers at the moment. Says Douglas' Senior Vice President Frederic W. Conant: "When we're building at a loss, the Pentagon wants to buy at a fixed price. When we're making a profit, the Pentagon wants to buy on a renegotiation basis...

Author: /time Magazine | Title: Business: Too Big or Too Little? | 3/12/1956 | See Source »

...manufacturer can be sure of his profit until it is approved by the Government's Renegotiation Board. Airmen complain that the board, which still has 3,500 cases on its docket, works too slowly. Under a fixed price plus incentive bonus contract, Boeing estimates that it saved the Air Force $23.2 million on B-47 bomber production in 1952 by producing lower than estimated prices. In doing so, it won itself an additional $5,800,000 profit. But last fall, three years later, the board decided that Boeing's 1952 profits of $54.5 million before taxes, on sales...

Author: /time Magazine | Title: Business: Too Big or Too Little? | 3/12/1956 | See Source »

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