Word: contractive
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Dates: during 1950-1959
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...gone through four stages of development: 1) the strict law, e.g., Roman law, composed of a set of completely rigid rules, 2) equity and natural law, insisting on reason and morality over mere rules, 3) maturity of law, based on equality of individual rights and recognizing property and contract as fundamental ideas, and 4) socialization of law, transferring its emphasis from individual to social interests...
ARABIAN OIL MONOPOLY, held by U.S.-owned companies, will be broken if Japan's new Arabian Oil Co. signs pending contract, upsetting the traditional 50-50 profit split. Terms of deal are still secret, but oilmen in U.S. and Tokyo say that Japanese company will pay about $2,000,000 a year to seek oil off shore of Saudi Arabia's half of Neutral Zone, will give 56% of profits and several other benefits to Saudi Arabia...
...from the Air Force itself. Reasons: 1) the B-52 depends for support, as the President said, on its jet tankers-but the U.S. now has only 30 such tankers operational, and is getting only four new ones a month under the Administration's slowdown; 2) no production contract for B-58s has yet been announced; and 3) the B58 was considered not as a successor to the long-range B-52 but to the B57 medium-range bomber...
...World War I Italian Corps of Engineers. Out of the army, he worked out his apprenticeship with one of Italy's best construction companies, then at 31 set up his own office in Rome. His first spectacular chance to prove his worth came when he won a contract to build huge airplane hangars for the Italian air force. To avoid using scarce wood and steel, Nervi created a design in reinforced concrete with prefabricated vaulting, produced vast arched structures 130 ft. wide and 330 ft. long, with no interior columns, no steel girders, no expensive form making...
Mayer's contract with M-G-M gave him 10% of the studio's profits. For seven years in the late '30s and early '40s he was the highest-paid executive in the nation, in 1937 made $1,296,503. Success never softened his muscle. Hollywood had it that at one time or another he used his fists tellingly on Charlie Chaplin, Walter Wanger and Sam Goldwyn...