Word: dollarses
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Dates: during 1950-1959
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Intrigued by the Israeli controversy over what is a Jew (TIME, July 28), wily, white-thatched Humorist Harry Hershfield, on a Jerusalem visit, supplied his own definition: "Someone with courage, faith, stamina and a sense of humor." His hoary example? "A philanthropist comes to the Negev and sees this poor...
Network officials lay much of the blame on the obvious scapegoat: the recession. Late in hitting television (billings were actually up 13% for the first five months of 1958), the recession is now making many a sponsor juggle his advertising dollars, e.g., both Ford and Chrysler are cutting TV expenditures...
The big exceptions are autos and appliances. Despite the drastic production cutbacks in cars, customers are still buying new models for as little as $100 more than the cost to the dealer. In the appliance industry, said one General Electric man, the markdowns are so extreme that "you can now...
If the U.S. increases its commitment (now $2.8 billion) to the fund, other nations with strong economic positions, such as Canada and West Germany, will also have to follow suit. West Germany still has the original fund quota of $330 million, which was fixed before the country's astonishing...
Three Generations. Norman Tishman took over as president after World War II (the company now has nine Tishmans ranging through three generations), devised a better way to finance his buildings. Irked by the necessity of tying up millions of dollars of company capital in buildings, he worked out a sale...