Word: demanding
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Dates: during 1950-1959
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...matter," Dale Robertson sniffed recently. "He's just a itty-bitty fella." And Hugh O'Brian is disgusted with Audie Murphy. When Hugh offered to bet $500 that he could beat anybody in Hollywood to the draw, War Hero Murphy upped the ante to $2,500 and demanded live ammunition for the test. Hugh did not press the matter. "Most of these fellows are gigantic babies," says a TV director. "They pout, they sulk, they demand attention...
...industry. The carmakers, who have been keeping their fingers crossed about their rising sales, last week boosted production to 136,409 cars, the best week this year and the most cars produced since the week of Dec. 13, when the industry was in the flush of the new-model demand. Total auto output was 2,126 over the preceding week and 55,849 ahead of the comparable week...
...scramble? Rising industrial production accounts for some of the demand. But chiefly, copper consumers are buying because they fear the price will go still higher if strikes shut the big mines. Says American Smelting & Refining's Vice President Simon Strauss: "Copper consumers have long memories. They remember the copper shortages of several years ago, which were politically rather than economically caused." Strikes have already shut one U.S. smelter and threatened the big mines of Northern Rhodesia. Copper buyers are also hedging the possibility of a strike June 30, when the contract of the International Mine, Mill & Smelter Workers expires...
...phrase now used in every economic argument is "administered prices." It crops up in union charges that business fails to cut prices in response to slackened demand, instead reduces volume and employment. It turns up in management charges that unions have set wages so high that wages, in effect, administer prices, keeping them high. Like an insistent musical theme, the phrase recurs in high-level talk that the Government may have to restore wage and price controls to keep down inflation. Where did the phrase originate? What does it mean...
Young's testimony was doubly significant because it came just after disclosure of a statement by the Administration's chief economist, Raymond J. Saulnier, that price increases not only aggravated the recession but contributed greatly to causing it: "These price increases were a major factor in limiting demand." Saulnier singled out for attack the rises in "heavy industries and those producing automobiles and other consumer durables." What worried Washington now was that industrial prices have started to inch up sooner than usual for a recession-recovery period. Though the consumer price index has remained fairly stable since...