Word: cutbacks
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...Commission also gets hit. Said the President in his speech: "We are cutting back on our production of enriched uranium by 25%, shutting down four plutonium piles." It is widely agreed that the U.S. has enough enriched uranium to suit any foreseeable purpose. Still, one argument against such a cutback was that it would mean job losses in places where plants were closed. The President answered that one by telling aides, "We're not going to produce atom bombs as a WPA project...
...Neill suggested that protests by Massachusetts congressmen may have saved the Boston Navy Yard from the Defense Department's recent cutback of bases. The Congressman claimed that an early version of the plan had included the Navy Yard among doomed installations, and had led to immediate protests by the Massachusetts delegation. The final plan did not condemn the Navy Yard...
Major new investments in the chemical industry are sure to force a cutback in consumer production, housing, possibly defense; but the situation on Russian farms warrants it. Yields this year have been poor in the Ukraine and Siberia. Last week the administrator for the Vir gin Lands, Khrushchev's pet farm project, openly admitted disaster in his regions as well, citing staggering examples of mismanagement and inefficiency...
...nation's second most widely used metal (after steel), aluminum is a fair barometer of prosperity, since it is still considered a "glamorous" metal and is usually more expensive than steel. The industry, hit by an economic recession, overcapacity and a cutback in Government stockpiling, has not looked very glamorous since 1958. But rising U.S. wealth has brought back some of the shine to aluminum. Nowadays it seems to be almost everywhere, from towering curtain-wall skyscrapers to a whole new family of seamless, zip-top, snap-top and soft-top aluminum cans. Though profits have not yet kept...
...still its Premium Saltine, which reinforces the company's principle that most Americans prefer plain foods. President Bickmore himself is a plain-food man. A tithing Mormon from Paradise, Utah, he began in 1933 as a Nabisco salesman in Pocatello, Idaho, but was laid off in a Depression cutback, and started again as a porter in a company warehouse. As he worked up the line, Bickmore took some studies on the side from both Dale Carnegie and Harvard Business School. Since becoming chief executive three years ago, he has bought out Cream of Wheat and the James O. Welch...