Word: expands
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Dates: during 1950-1959
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Barzun concludes: "To expand for the sake of a mere numerical show would be akin to demagogy, especially if done in the name of civic duty. And from the truly social point of view it would amount to debasing the coinage-a poor gift to the unsuspecting students seeking our degrees and to the community that would accept them at face value...
Goals Filled. ODM's Flemming also refused to issue fast tax write-off certificates to help expand production of steel and five other goods (commercial aircraft, aviation fuel, titanium melting, titanium processing and taconite iron ore). The defense expansion goals have been filled, said Flemming. Actually, more plant expansion now would make steel even scarcer by diverting it to new plants that would not be in production until...
...alarm. Bethlehem Steel Corp. and Youngstown Sheet and Tube Co. announced that they would review expansion plans; Jones & Laughlin Steel Corp. said that it would be forced to reappraise plans for a new $250 million mill planned for Houston. But most steelmen had already decided that they have to expand one way or another to meet their growing markets. Republic Steel Corp. will still continue with its $187 million expansion program; so will Pittsburgh Steel Co., National Steel Corp., Armco Steel Corp. and Inland Steel Co., which have expansion plans totaling almost $500 million. U.S. Steel also is expected...
...lawyers, the mushrooming growth of bigness in 1956 raised a prime question: How big is too big? Trying to solve the riddle, the Justice Department's Antitrust Division filed suit against 54 mergers, more than in any year since 1949. The problem was how to let big business expand to meet the needs of the growing economy without destroying the climate for new and small businesses on which the future health of the nation depends. Though new business starts were 14% higher than 1955, business failures increased even more-to 17%. At year's end a major test...
...have eight men of his choice put on the 16-man board three months ago. Although Simon insists he does not have corporate control, this stock gives him what he calls "a substantial interest and influence." Convinced that McCall needed to cut its dividends and use cash to expand, Simon easily persuaded the board to agree...