Word: fixes
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Dates: during 1950-1959
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...refused to review the convictions of Matthew J. Connelly, appointments secretary to President Truman, and Theron Lamar ("Sweet Thing") Caudle, Assistant Attorney General in charge of the Justice Department's tax division. They were fined $2,500 and sentenced to two years in prison each for conspiring to fix a tax case during their days in power. Although Connelly and Caudle can ask the Supreme Court to reconsider, their chances are indeed remote...
...buying such stocks as U.S. Steel, Montgomery Ward, Libbey-Owens-Ford for the long pull. Says San Francisco Investment Broker George Davis of Davis, Skaggs & Co.: "These stocks are being bought by men with eyes over the hump, while the others are all moaning about 'what a fix...
Compass Points. The fix the U.S. is in was primarily caused by the catastrophic drop in auto sales and the extreme cuts by many industries in inventories and production (see chart). Another characteristic of the 1958 recession is that it is spotty and regional...
This rough aiming is not good enough, either to hit the moon or to orbit around it. So toward the end of the journey a scanning device will pick up the moon's sunlit face, fix its position, and an artificial brain will figure out what to do next. It can light a small steering rocket to correct the course. If a landing on the moon is scheduled, a backward-acting retrorocket can be fired to reduce speed and impact. A different use of the two control rockets will make the vehicle orbit around the moon to report...
Lost Cause. G.E. had been leading a lost cause ever since 1952, when the federal McGuire Act legalized Fair Trade laws. In Fair Trade states, manufacturers, exempted by the McGuire Act from antitrust prosecution, were permitted to fix minimum prices for an entire state so long as they signed a contract with one dealer; all others were bound, whether they signed or not. Yet no sooner were the laws on the books than retailers started breaking them, cut prices far below company minimums. In five years G.E. alone spent almost $5,000,000 tracking down violators, brought suit against more...