Word: convert
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Dates: during 1940-1949
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That was the short-range goal. The long view? In ten, in 20 years-the powerful, prosperous U.S.S.R. might convert the whole world by its example. That was cheaper than revolution or conquest. Time and power would tell...
...familiar two dangerous-looking areas, Dr. Kaplan tackled the third sector, War Plant and Equipment. As he analyzed the problem, about half of the $15.5 billion of war plants built by the Government are large facilities in such lines as shipbuilding, aircraft, aluminum and magnesium. If ingenuity fails to convert such facilities to peacetime use, he recommends courage in boldly dismantling those which cannot economically serve the people. Probably not more than $5 billion can be readily transformed into peace factories. Since $5 billion represents only about two years of normal investment in plant expansion...
...planes. With only four planes built, the Services cancelled their contracts for all but 25. WPB talked of new make-work contracts for Budd, the WPB solution to the Brewster shutdown (TIME, June 12). As Budd began to lay off 2,000 workers, contracts were in the offing to convert the plane plants to shell making. But mass production is five months away...
National Selective Service officials, convinced that Corstorphine is a genuine convert and "not just trying to get out of the Navy," decided to assign him to some sort of noncombat work...
...should sell $2,000,000 worth of promissory notes to its egg-pated $141,000-a-year president, Barney Balaban, 56, also head of Chicago's Balaban & Katz. The notes would carry 2¼% interest, payable in seven years. During that time, President Balaban would be permitted to convert a fourth of the notes a year into Paramount common stock at a fixed price of $25 a share, as long as he remained with the company. Thus, if the stock rose above $25 (at week's end it was selling at $25⅞) Balaban could convert the notes...