Word: cuts
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
What can save a civilization from perishing? Does the Christian Gospel of Redemption apply to nations as well as individuals? Here Niebuhr wades into a cut & thrust theological controversy, armed with a two-edged blade of paradox. Human society, he concedes, is maintained by push-and-shove competition and balance of power; the very instruments of social justice tend automatically to become unjust. But, he says, such teachers as Martin Luther are in error, when they "exclude the possibility of redemption and a new life in man's social existence, and confine redemption to individual life." The structures...
Among the food companies, Corn Products Refining Co. led the parade by more than doubling its profit-to $3,314,562. But General Foods probably gave a better indication of the general trend. Its gross was up slightly to $127,802,860, but rising costs cut its net from $8,155,176 to $7,593,797. Even the airline and aircraft industries, which had long been ailing, were perking up. Prime example: Douglas Aircraft Co., which had earned only $23,862 in 1948's first quarter, this year earned $2 million, the result of rearmament contracts and a cost...
...civilian personnel director for the Army Air Forces, Miller joined the Flying Tigers cargo airline after the war and saved $15,000. This was enough to rent four DC-45 and start flying the lucrative Los Angeles-New York route last July. Flying 20 round trips a month at cut-rate fares of $99 ($58.85 under scheduled lines), Air America had carried 11,270 passengers by the end of the year. It had grossed $1,600,000 and netted a tidy $41,000. Miller did it by using 60 seats in his planes instead of the usual 44. He served...
Agile Austin. On the Indianapolis Motor Speedway, an Austin convertible set a new U.S. speed record for open stock cars, a mark most auto makers are not interested in. Despite several stops for repairs (see cut), the Austin covered 11,850 miles in seven days, for an average speed of 70.54 m.p.h. (old record: 68.58 m.p.h.). A few days later, the Austin Motor Co., Ltd., did something U.S. automakers were interested in. It cut prices $1,000 on the record-setting model. The new price: $2,795 with a manually operated top, $180 more with a hydraulically operated...
Quick Pickup. In high dudgeon, the American Automobile Association last week asked major U.S. oil companies why, with oil in surplus, had the price of gasoline gone up just as motorists were getting ready for summer driving? While other oil companies mulled over an answer, Mid-Continent Petroleum Corp. cut prices if a gallon in Kansas City, the first sizable cut in gasoline prices since...