Word: costs
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Dates: during 1940-1949
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America's Town Meeting (Tues. 8:30 p.m., ABC, ABC television). "What Should the Administration Do About the High Cost of Living...
...Laggards. In some cases great improvement has resulted from a change of methods, without any new machines. A textile mill in Bolton rearranged the machines in its cardroom, set workers to acquiring high skill at one job instead of puttering at several. Production per man-hour went up 39%, cost went down 10% a pound, and workers had more free time (for tea, etc.) on the job. Yet in the textile industry as a whole the man-hour output remains abysmally...
...before him is an exacting one, hedged about by ancient laws and customs. The strict confinement* and almost continual presence of numerous church officials and advisers cost Athenagoras' predecessor his reason. A few months after the election of 51-year-old Maximos V in 1946, a priest came upon him beating the walls of his quarters and crying: "This is not the post for a young man!" For almost three years the church has buzzed with rumors that the mad patriarch would soon be deposed, but only this month -with Maximos shelved in a sinecure-did the twelve metropolitans...
...Gulbenkian. For waiving any claims to Aramco's oil, Gulbenkian will get a bigger share of Iraq Petroleum's oil (as will the French, who went along on the deal). Beginning in 1952, Gulbenkian will be able to buy the extra oil at a price halfway between cost and market price. When he sells, the proceeds will be protected against devaluation of the British pound; the American companies agreed to convert Gulbenkian's take into hard dollars...
Walter Wanger, 54, who had the courage to invest in Joan and produce it, has "repeatedly gambled on a-little-ahead-of-the-parade movie ideas.- Joan of Arc cost $4,600,000 to film, another $1,000,000 for Technicolor; it may have to gross as much as $9,000,000. A producer who bets that much on a script without sex is taking an awful chance. But Wanger had faith in an idea; and his faith was shared by his partners (Sierra Pictures is owned 40% by Ingrid Bergman, 30% each by Wanger and Director Victor Fleming). Says...