Word: effect
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Dates: during 1950-1959
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APRIL. The Bethe Panel submitted its report to Killian, who turned it over to the President. The panel's chief finding: an effective detection network could indeed be set up. The report rocked the Pentagon, challenged the judgment of AEC Chairman Lewis Strauss that rogue-proof detection was not possible. But on the diplomatic side, it convinced Secretary of State John Foster Dulles that a stop-the-tests agreement was technically feasible, therefore worth exploring for its effect on world opinion...
...Showman Mike Todd's widow, Elizabeth Taylor, 26, and Mike Jr., 28. Todd's son by his first marriage, joined in an intricate legal maneuver by which, in effect, they sued themselves for $5,000.000. They asked that amount in damages from 1) two small Jersey corporations that owned and operated the plane in which Todd was killed last March, and 2) Michael Todd Co. (chief stockholders: Liz and Mike), which shared in "maintaining and controlling" the plane. Suing their own company was a fairly standard legal gimmick to provide funds for Liz's 15-month...
...early, jealously guarded secret was the method for melting designs in enamel into rich, dark blue glass (see color). By the 16th century, turning from enamel, glass blowers were getting their effect from glass alone, embedding canes of opaque white glass to form latticelike patterns, or trapping pockets of air between the rods of glass to make Venice's famed vetro di trina (lace glass...
...worker, because of a cost-of-living rise. G.M., U.S. Steel and the other giants can afford such bumps as the price of labor peace. Many a smaller company cannot. Says a spokesman for another automaker: "The ups and downs of the business cycle have a less basic effect on G.M. than on us. We feel better with a contract negotiated every year or two years...
Another major effect of long-term contracts is to nudge the price spiral higher. Long-term contracts boosted the steel industry's labor bill by 26? an hour last month; steel prices advanced soon after by $4.50 per ton at a time when many experts argued strongly for price cuts to stimulate the nation's economic recovery. Money-losing railroads were obliged to hike hourly wages by 12? last November, pile on 4? more in April, now are slated for a third 7? jump this November. Meanwhile, they fall deeper into the red, though both passenger and freight...