Word: contraction
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Dates: during 1950-1959
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...Prime Ministers. For the rest of its communications, Nepal depends on foot-runners, drum flourishes which announce major events, and one broadcasting station. This week Chicago's Cook Electric Co. was signed up by the International Cooperation Administration to bring modern communications to Nepal. Under a $1.5 million contract, Cook will set up a 1,500-line telephone system and a 50-station high-frequency radio-telephone network. High-powered radio transmitters will link Nepal with Calcutta and New Delhi...
...fast-rising Cook Electric, the Nepal contract is the kind of offbeat challenge on which it thrives. Building its growth on tough jobs that discourage competitors, Cook has pushed its sales from $350,000 in 1939 to $30.1 million in fiscal 1958. Along with sales, it has also built one of the top scientific organizations in the U.S. Says Cook's energetic President Walter C. Hasselhorn: "I don't get excited over assets. I get excited over men, abilities and talent...
...hairline Senate election victory last November. Pennsylvania's Republican Congressman Hugh Scott probably swung some votes in job-short Philadelphia by announcing that he had assurance from the White House that a big Government contract would go to Philadelphia's Baldwin-Lima-Hamilton Corp. Few outside Philadelphia paid much heed to the matter then. But last week, when the contract was formally announced, an international storm erupted over the order and the Administration's freer-trade policies...
...President Eisenhower, even substantial unemployment is not a valid argument if a domestic company's bid is 12% or more above the lowest foreign bid. B.L.H.'s bid was 21% higher than English Electric's. ODCM Chief Leo Hoegh got around that by arguing that a contract award to B.L.H. was necessary for clear reasons of "national security." He said the U.S. needed to maintain and keep in good working order the huge machine tools, called "elephant tools," used to build the turbines...
...pillar of the Air Force with $1.2 billion worth of orders for its burly F101 Voodoo jet, a plane fast (1,200 m.p.h.) and versatile enough to perform every job from tactical A-bomber to all-weather interceptor. McDonnell went into missiles and helicopters, landed an $8,000,000 contract for its XV1 convertiplane, another $45 million for its high-speed Quail bomber decoy drone. Latest project: the supersonic (Mach 2 plus) F4H fighter, which beat out Chance Vought's F8U3 Crusader for an initial $170 million (23 planes) Navy contract...