Word: favors
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Dates: during 1950-1959
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...other Government agencies quickly let it be known that they wanted no part of the job. Reason: they know that even statistics on such an apparently simple factor as productivity are open to wide interpretation. No matter what figures the Government settled on, federal economists feel, they would favor one side or the other, add heat rather than light to the debate between management and labor. Said a Government labor expert: "Preparation of a factual Scoreboard by the Government would not help to settle any issues but would only involve the Government in a hideous hassle. It would be murder...
Solid Ahead. Behind Britain's trade comeback is a brisk overhaul of its economy. After the September 1957 run on the pound in favor of the German mark, which Britons considered one of the darkest periods since the war, the government decided that more austerity was needed to restore the pound's prestige. It cut down government spending, raised the bank rate to 7%, got banks to put a voluntary "freeze" on bank loans. Britain was also helped by the worldwide drop in prices of raw materials. Its austerity program worked, and by mid-1958 Britain again...
Drawings and places in the Royal Henley Regatta, which gets under way Wednesday on the Thames, appear to favor both the Harvard crews entered in the rowing classic...
...retirement income for its own. the A.M.A. hewed to its traditional individual-enterprise line. Though majorities of physicians polled in several states have voted in favor of bringing doctors under compulsory social security coverage, the House of Delegates voted down a Pennsylvania resolution favoring it. Main argument: doctors who kept on practicing after the age of 65 could not collect benefits until they quit, or until 72; doctors should be able to make better personal plans for retirement...
...Frederick, local president for 25 years, had an unusual idea. Among them, his 1,300 men have 2,436 children; 94 are of college age. but only 21 are in college. Why not forgo the wage hike, start a college fund for members' children? The men voted in favor unanimously: the employers enthusiastically agreed to kick in a 3% payroll tax. Result: $15,000 annually for four scholarships at Adelphi College, with more likely next year - apparently the first and only such union fund...