Word: contractions
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Dates: during 1940-1949
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After four weeks of stormy haggling, the Cubans had gone home emptyhanded. The mission of sugar-growers and mill-owners had come to Washington in August to negotiate a new U.S. contract for their five-million-ton 1945 sugar crop. Their objective: to get the U.S. to jack up its offer ½ a lb. higher than the wartime sugar price established in 1941-2.65? a lb. Cubans say their production costs have soared 100% or more since war began; they can no longer afford to sell virtually their entire crop to the U.S. at the old price. But the Commodity...
Last March, just before his $15,000-a-year contract came up for vote before the Board of Education, the Chicago Citizens Schools Committee shrilled: "It is doubtful whether in the whole history of America so brazen an attempt was ever made by a superintendent of schools to corner the market for his own books in the schools under his direction." Johnson promptly assured his employers that he received not one penny from sales of his books to Chicago. His annual royalties, as high as $14,000, he announced, accrue to him from use of his books by cities...
...example, Studebaker Corp. "predetermined" one contract, found that $1,061,000 worth of materials would be valueless except as scrap when the contract is ended. Studebaker offered to buy the materials for $15,590. Come actual cancellation, Studebaker will simply send in its check, move the materials aside so as to lose no time shifting to auto production. Estimated time saved: 30 days...
...Department last week turned the heat on the avalanche of contract cancellation work that U.S. industry faces at war's end. The furnace to be used for this job was called, in governmental gobbledygook. Predetermination of Contract Cancellation. That jawbreaker meant something quite simple: war contractors can now pretend that their contracts have actually been canceled. Thus they can clear out of the way much of the time-eating labor that would hold up a swift shift to making peace goods...
...plan is the work of dark, smart Brigadier General Albert Jesse Browning, 45, the Utah-born ex-wallpaper manufacturer who is the Army's assistant director of materiel. General Browning carefully tested the plan on some 15 companies, then had it approved by Contract Settlement Boss Robert Hinckley. The plan permits contractors right now to begin filling out the forms needed to wind up a contract, and to work out an agreement on costs and profits, to take effect the moment the contract is actually canceled...