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...manufacturer can be sure of his profit until it is approved by the Government's Renegotiation Board. Airmen complain that the board, which still has 3,500 cases on its docket, works too slowly. Under a fixed price plus incentive bonus contract, Boeing estimates that it saved the Air Force $23.2 million on B-47 bomber production in 1952 by producing lower than estimated prices. In doing so, it won itself an additional $5,800,000 profit. But last fall, three years later, the board decided that Boeing's 1952 profits of $54.5 million before taxes, on sales...

Author: /time Magazine | Title: Business: Too Big or Too Little? | 3/12/1956 | See Source »

...reduce this backlog of pending cases by 25% by next June 30-or by 7,500 cases at least." Rogers knew whereof he spoke. Of the 15 federal judges in the District of Columbia, only three sat last July, four in August and one in September-although the docket is two years behind. In the six-judge Brooklyn court, no civil case was tried during July, August and September. This was in a district where the docket is about 52 months behind...

Author: /time Magazine | Title: THE LAW: Battling the Backlog | 10/17/1955 | See Source »

...help the industry grow even faster, CAB has laid out a gradual, carefully charted course of expansion and competition. Since the big trunk lines no longer need coddling, CAB has cleared its docket of a dozen major decisions, some of which had been hanging fire for seven years. Recently, it approved a whole series of competitive new routes. T.W.A., Capital and Northwest got new, nonstop runs between New York and Chicago in competition with United and American; United got a nonstop Chicago-to-Seattle run in competition with Northwest, while Northwest in turn got a local nonstop Detroit...

Author: /time Magazine | Title: More Competition Means Cheaper Fares | 10/10/1955 | See Source »

...stiff new broom. He brought back FTC as the umpire of U.S. business practices, cleared up a mammoth backlog of antitrust and unfair-practice cases. Last week, when he resigned, Chairman Howrey was able to tell the President: "The Commission has been reorganized from top to bottom. Its docket is up-to-date for the first time in almost 40 years. Its policies have been reoriented to the original intent of Congress...

Author: /time Magazine | Title: Business: New Faces for FTC | 8/22/1955 | See Source »

...Since the war, it has passed out some $60 billion-$1,300 per family-in various forms of foreign aid. Both kinds of effort are necessary, but both have merely negative effects; they restrict Communist aggression without advancing U.S. interests or ideals. There are no serious proposals on the docket for using U.S. military might or foreign aid in an effort to shift the balance of world power heavily in favor of the U.S. and its allies. In fact, foreign aid has been drastically cut and the prospect is that it will be cut further. Use of the enormous military...

Author: /time Magazine | Title: THE NATION: Best Foot Forward? | 12/6/1954 | See Source »

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