Word: businessmen
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Dates: during 1950-1959
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...Cold Care. Bourboule businessmen promptly hired Gentleman Jockey André Bruneau. Loaded with Bourboule cash and blessed with a sharp eye for not-too-sick selling platers, Bruneau bought a four-year-old bay named Pyrame, a short-winded chronic wheezer with an unimpressive record on the track. A special stall was built half a mile from La Bourboule's best spring, outfitted with hot and cold running water plus steam pipes, and Pyrame began the cure...
EMPLOYEE BANK ACCOUNTS is latest version of Guaranteed Annual Wage. State of Ohio has approved plan by Pittsburgh Plate Glass Co. to contribute between 3? and 5? per hour to individual bank accounts for each worker; money cannot be withdrawn unless worker is laid off. Ohio businessmen go along with plan, but unions so far have said nothing...
...result, arbitration has grown into one of the most useful lubricants in the U.S. economy, not only facilitating industrial settlements but easing all sorts of disagreements between businessmen. With contracts increasing in number and complexity, and courtrooms increasingly jammed with work, arbitration has become a practical necessity. Not a new idea (the Romans wrote it into the Justinian Code), arbitration got its big impetus in World War II, when the Government, plagued by quickie strikes, insisted on labor-arbitration clauses in all defense-production contracts. Today nine out of ten union agreements provide for arbitration, and hundreds of thousands...
...territorial "Outback" below Darwin. It is a land of crocodiles and kangaroos, of torrential, 60-in. rain fall half the year and bone-dry drought the rest. Last week Humpty Doo held promise of living up to its name. After three years of study, a group of U.S. businessmen headed by Los Angeles Industrialist Allen Chase had formed Territory Rice Ltd., planned to spend at least $90 million turning the Outback into one of the world's biggest rice-producing areas. Their goal: production of 625,000 tons of rice annually, nearly one-half of 1% of the total...
...hardheaded businessmen, Territory Rice's plans might sound overoptimistic. U.S. ricemen call the 2? per Ib. figure "unrealistic," strongly doubt that Chase can grow, mill and ship rice for anything like that price, also point out that there is no world rice shortage; many rice-exporting nations have actually had surpluses since 1954. Nevertheless, Chase & Co. are convinced that there is an enormous, untapped market for rice in such lands as India, Ceylon, Malaya, Borneo, Indonesia, Japan, even China. While there may be a technical surplus, shipping costs from many exporting nations are so high that millions of consumers...