Word: contracted
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Dates: during 1950-1959
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...split seven equal ways, LIFE bought the exclusive right to all seven personal diaries of the astronauts' experiences leading up to and including the first trips into space. The men early decided on the seven-way split (actually 14, since the astronauts' wives are contract signatories) on the common-sense ground that though only one man could be first up, the other six will probably follow...
LIFE'S contract includes magazine, foreign and domestic serial and book rights. Attorney DeOrsey counseled the astronauts to negotiate separate contracts for television and movie rights, product endorsement and, in DeOrsey's words, "things you couldn't imagine." The "things," added DeOrsey, do not include a bid from a bank to open an astronauts account with the theme: "They might take a risk in space but when it comes to what they do with their money on good old earth . . ." DeOrsey coldly turned the offer down. LIFE has assigned three staffers to stay with the seven astronauts...
Approval could not come too soon. With little more than 4,700 miles of interstate roads finished so far, highway funds have run so low that contract awards or advertising for bids have been stopped by 24 states from Maine to Washington, including New York, Ohio, Missouri, California. These states pressured Congress to bow to the President's proposed tax boost, in the face of the oil industry that lobbied hard against it. The penny tax will raise about $960 million. After it expires in mid-1961, the compromise bill would earmark $2,445 billion from present taxes...
...TITAN NOSE CONE will be developed by Avco Corp. under $73,360,000 Air Force contract. New design will permit faster re-entry into the atmosphere by dissipating excess heat through erosion of high-heat resistant materials...
Japanese trade interests in the U.S. will be represented by Thomas E. Dewey's law firm under a one-year $100,000 contract signed last week. Dewey is expected to help fight moves to curb Japanese imports...