Word: deal
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Dates: during 1950-1959
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Many students turn down Harvard scholarships in favor of larger grants from private sources. "There is a great deal of science money around," he commented...
CHINA-JAPAN TRADE DEALS are off. Businessmen from Japan have been ordered to leave Red China, all import-export licenses are invalid, and ballyhooed fiveyear, $560 million Chinese-Japanese barter deal is dead. Chinese claim break is due to Japanese Premier Kishi's "hostile attitude toward China," but a main reason is that Red Chinese are trying to welsh on some deals...
Last week a group of Japanese oilmen won a 2.890-sq.-mi. concession in the Persian Gulf off the neutral zone by contracting to pay 56% of the production profits to the zone's owners, Kuwait and Saudi Arabia. The deal came just a few days after Standard Oil Co. (Indiana) became the first major U.S. company to upset the fifty-fifty pattern. For a 6,177-sq.-mi. concession off Iran's shores in the gulf. Indiana Standard agreed to pay 75% of profits to Iran, plus a $25 million bonus, and to spend $82 million...
...they have had one too many. The film is based on the best-selling autobiography (TIME, April 15, 1957) in which Actress Diana Barrymore (skillfully assisted by Author Gerold Frank) told in embarrassing detail about her troubles with booze and men. In the movie the booze flows a good deal more freely than the narrative, which reels along like a drunken monologue with a familiar moral: weak people should avoid strong drink...
...said that the present form of alumni organization was good enough when it was set up 61 years ago, but advised consideration of steps to make the groups more competent to deal with the problems of the mid-20th century...