Word: businessmen
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Dates: during 1950-1959
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...learned to swim. You'll learn even more quickly." He has waged long and bitter war on cartels. Germany is the fatherland of the cartel, and before World War II, an estimated 2,000 cartel agreements were in force in the Reich. Blocked by old-line businessmen in his first attempt to outlaw cartels in 1950, Erhard tried again, finally got a bill drawn up this year. At the hearings, industrialists who furnished the C.D.U. with much of its funds pleaded that cartels were necessary for times of recession. Erhard leaped from his chair, exploded: "That, gentlemen, is economic...
...free gifts (from Japanese dolls to a Cessna airplane), Pitchman Todd conned 18,000 suckers in evening wear into the Garden, conned CBS-TV into paying some $300,000 to carry the shambles to the nation, conned most of the gifts and goodies without cost from publicity-seeking businessmen. When the colossal display of vulgarity and effrontery flamed out long after midnight, Todd was long gone (to bed). Few had tasted the wretched champagne (the waiters had quickly begun hawking it at up to $7 a bottle), fewer had eaten the truck-borne smorgasbord, almost none of the guests left...
...report, which criticized the Eisenhower Administration for its tight money policies and alleged consequent favoritism of large corporations over farmers and small businessmen, was itself critized yesterday by Sumner H. Slichter, Lamont University Professor...
...were still making record profits. American Telephone & Telegraph and International Business Machines both posted new highs. IBM with a nine-month net before taxes of $130 million, some $25 million more than in 1956. Taking note of stock-market jitters, the staff of the congressional Joint Economic Committee advised businessmen not to be unduly concerned over recent stock price movements. "Such movements in the past have not proved to be good indicators of prospective business conditions...
ELECTRONIC BRAINS are so expensive that businessmen will form co-ops to lease and operate giant computers. In first such move by private enterprise, four fire insurance companies-Springfield, Phoenix, Aetna, National-formed independent SPAN Electronic Data Processing Co. to share $1,300,000 (rental cost: roughly $30,000 per month) IBM 705 computer...