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What labor has not learned is that just as businessmen must suffer from reduced business and lower profits, so labor must also bear some of the cost of a business downturn. Businessmen fear that the U.S. will not be on solid ground for an upturn until the wage spiral is...

Author: /time Magazine | Title: STATE OF BUSINESS: The Morning After | 3/24/1958 | See Source »

At the other end of NATO territory another vast armada maneuvered in the North Atlantic off Norway. Afterward, British Admiral Sir John Eccles commented sharply: "I am not in a position to criticize political decisions, but I say this as a professional man with over 40 years' experience-I...

Author: /time Magazine | Title: NATO: All Ashore | 10/7/1957 | See Source »

"Bringing the insular British to the edge of the European continent has not been easy," admitted handsome Sir David Eccles, president of Britain's Board of Trade. But there he was last week in Paris, and beside him stood Chancellor of the Exchequer Peter Thorneycroft, the two most dedicated...

Author: /time Magazine | Title: WESTERN EUROPE: Decisive Offer | 2/25/1957 | See Source »

Delighted as they were by Britain's change of heart, toward Europe, many OEEC nations were far from delighted by British insistence that only industrial goods should move freely within the Free Trade Area. (This would allow Britain to continue giving "imperial preference" to the agricultural products which make...

Author: /time Magazine | Title: WESTERN EUROPE: Decisive Offer | 2/25/1957 | See Source »

¶ David M. Kennedy, 51, vice president of the Continental Illinois National Bank and Trust Co. of Chicago, ninth largest bank in the U.S. (total deposits: $2,473,000,000), was elected president to succeed Carl A. Birdsall, who died three weeks ago. The Mormon son of a Utah rancher...

Author: /time Magazine | Title: PERSONNEL: Changes of the Week, Dec. 10, 1956 | 12/10/1956 | See Source »

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