Word: businessmen
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Dates: during 1950-1959
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...Senate also gaily adopted a Jenner amendment exempting Indiana from any benefits. ¶ Senate and House passed a tax law that trims $42 million in excise revenue, principally by lowering the admission tax on theater, movie, baseball and football tickets. Passed also: a tax bill that grants to small businessmen $260 million in fringe-benefit reliefs, e.g., speedier depreciation on equipment. ¶ The House approved and sent to the White House a humane-slaughter bill (TIME, Aug. 11), which requires that cattle, sheep, hogs and horses, before being killed, must be rendered unconscious...
Syria, after more than six months of Nasser's rule by remote control, found its economy shakier than before. To quiet dissatisfied Syrian businessmen. Nasser allowed Syria a separate budget, vetoed some of his planners' grandiose schemes and ordered a cut in armaments. Unhappy Syrian officers reportedly flung their caps on the table, the traditional gesture of threatening to resign from the army if they do not have their way. More agreeable to Nasser was his three-day meeting with Crown Prince Feisal, Premier of oil-rich Saudi Arabia, who announced that "clouds between the two countries have...
...London Times went so far as to call it "a forward outpost of the McCarthyist outlook," and few foreign businessmen thought that the strict U.S.-inspired embargo on "strategic" goods to Communist lands made too much sense. The embargo, they argued, had not noticeably stunted Russia's industrial growth; it tended to make Red China more and more dependent on the Soviet Union, and it deprived Western nations of much-needed markets. Over the years, bit by bit, the U.S. has had to give in to such pressure. Last week, after five months of arguing, the Coordinating Committee (COCOM...
...good news flashed through Madison, Ind. (pop. 10,500) like summer heat lightning. Metro-Goldwyn-Mayer was coming to town to shoot a $2,500,000 production of James Jones's bad bestselling novel, Some Came Running. Local businessmen came running with promises not to raise prices; local police pitched in to protect M-G-M props; the country club and five hotels and motels were turned over to the movie folk. Nothing so exciting had happened to the green, hilly little Ohio River town since P. T. Barnum brought Jenny Lind to sing in the Pork Palace...
...increases averaging 8? an hour under contracts signed during the boom years of 1955-56-57; some 4,300,000 U.S. workers will also take home cost-of-living raises averaging 3? to 4? an hour-while industry's earnings are expected to decrease by about $2.5 billion. Businessmen who championed long contracts as a prerequisite of labor peace now wonder if the game is worth the candle. As one top Government labor expert says: "People are becoming disillusioned. Three to five years is a long time in a period of economic change...