Word: contractive
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Dates: during 1950-1959
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...week. The price of aluminum was cut, partly because of slow consumption, but the price of oil stayed up, despite huge excess supplies. The auto industry was having one of its worst years since World War II, and still the U.A.W. demanded "the biggest package ever" for its new contract. Tired of it all, a Chicago banker finally stood up last week and made a strong plea for a little sense-making economics on the part of both labor and management. All these stories are reported in BUSINESS, and for what specifically aggravated the banker, see Wanted: Price Cuts. GEORGE...
...Senate; of a heart attack; in Washington. In 1930, after his nomination to the court by President Hoover, scholarly, genial Judge Parker became the subject of a debate triggered mainly by the American Federation of Labor, because of an opinion he had written sustaining a "yellow-dog" contract (wherein new employees promise their employers in writing that they will not join a union). Parker explained that he was merely "following the law as laid down by the Supreme Court. I had no latitude of discretion in expressing views of my own." Adding to his troubles: the National Association...
After that, they rarely spoke off the air except through intermediaries. In December Dody was cut down from five to three performances a week. Her shrewd manager renegotiated her five-year NBC contract, guaranteeing her $26,000 for the next 26 weeks, whether she appears with Paar or not, and freeing her for other work. In the deal the Jack Paar Show gladly arranged to drop her as a "regular" last week...
...MILLION CONTRACT will go to General Electric Co. to design, build and test world's biggest known radar system. It will be first part of Air Force's $721 million missile early-warning system (TIME, Feb. 3) to detect ICBMs in flight several thousand miles away. Work starts soon in G.E.'s Syracuse plant, will buoy company's defense employment...
M.C.A. has built its empire on a simple economic principle; it takes 10% on any contract it makes for its gold-plated clients. It gets 10% from movie stars such as Marilyn Monroe, Gregory Peck, Marlon Brando and Gary Grant; from playwrights such as Arthur Miller, Tennessee Williams and William (The Dark at the Top of the Stairs) Inge; and from novelists such as James (From Here to Eternity) Jones, Irving (Lust for Life) Stone. It owns or represents such TV shows as Wagon Train, Tales oj Wells Fargo, Jack Benny, Ozzie and Harriet, Alfred Hitchcock, Dragnet and This...