Word: contractive
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Dates: during 1950-1959
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...fortunately for the Teamsters, Hoffa protested, he is an honorable man. But he could not recall, for example, where he had borrowed part of $20,000 that he had invested in one company; neither could he remember why he borrowed $5,000 from a businessman who had a Teamster contract...
...announced another. Delivery schedules on the F4D-1 Skyray fighter manufactured by Douglas Aircraft will also be lengthened. ¶ The Air Force canceled a $100 million flight-research project with Republic Aviation on Republic's XF-103 jet interceptor. Selecting its weapons, the Air Force announced a new contract with North American Aviation for a new air-to-surface missile similar to the 6-47's Rascal...
...broken up to pay death duties. In 1950 the tenth duke died, only twelve years after his father's death had compelled him to sell off land in eight English counties and in Ireland to meet inheritance taxes. To hang on to Chatsworth, the tenth duke negotiated a contract with his wife and the Duke of Buccleuch and Queensberry to take over $5,200,000 worth of the estate, thus exempting that much from death duties. But by law such gifts must be made at least five years before the donor's death, and the duke...
Built-in Cushion. Most other plane makers admitted to austerity, but they were not alarmed. Washington had tipped them months ago to the coming cutbacks, and they had slowly geared for them. To cushion the drop in F8U production, Chance Vought is counting on missile contracts for its Regulus and heavy orders for a faster, improved all-weather F8U, which it now has on the drawing boards. Douglas figures that its $2.5 billion backlog and its big business in missiles and commercial jets can easily absorb the slack of the Skyhawk stretch-out. And to help offset the stretch...
...Priorities. The big question still was who would get the single-shot vaccine when. The armed forces were virtually assured of their needs (4,000,000 shots) by the contract date of Sept. 30. It looked as though there would be more than that number of shots ready for civilians by then. But beyond urging vaccine allocations to states by population, the U.S. Public Health Service was still doing nothing positive to control distribution. It relied instead on mere recommendations that physicians and other health workers come first, to be followed by workers in transportation and other essential industries. National...