Word: cuts
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Dates: during 1940-1949
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...route to the Pacific Coast by plane, the merchandising manager of Abraham & Straus, Brooklyn department store, read a 15-line item in the Business & Finance section of TIME'S February 14 issue (see cut) that made him itch to get to a telephone. The story was a brief account (sent in by a TIME correspondent) of the fact that a Birmingham, Ala. housewife had apparently invented a sewing machine needle that would unrip a seam in the same time that it took to sew it. If true, the Abraham & Straus-man said later, "this needle was what an eraser...
Truman and his good friend Dutra (who is a head shorter) also got together at a more sensible hour of the day to eat a few slices from a seven-tier cake prepared in honor of Dutra's 64th birthday (see cut). When they got down to more serious talk, the two Presidents agreed to begin negotiating a treaty to stimulate foreign private investment and U.S. technical assistance for Brazil. In flowery Portuguese, Dutra assured a joint session of Congress of Brazil's enduring friendship. When the Presidents parted, Eurico Dutra handed out his bread & butter gifts...
...Latin American motion to lift the diplomatic boycott of Spain; again asked the Big Five to curb their veto. Perhaps the most significant measure-though it had little hope of success-was the decision to establish a committee to study ways & means of increasing U.N.'s efficiency, cut out unnecessary talk...
After the myriad other minor points involved in the drive--including the changing of its name from the "Combined Charities Drive" to the "Harvard Charities and Service Fund Drive" in order to make it more palatable to students who had objected last year to the Council getting a cut from a "charities" campaign--the Council, approved the nomination of Jerome P. Gavin '50 as chairman of the fall drive and George J. Feeney '50 as treasurer...
...instituted by the late Defense Secretary James Forrestal, the rival services compromised: the Air Force picked up a fat budget, the Navy the 65,000 ton aircraft carrier "United States." This decision, coupled with a pair of high-level directives forbidding public inter-service squabbles on the subject, considerably cut down tension...