Word: fixes
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Dates: during 1950-1959
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...damned fools are going to fix it so that you'll never even be able to beat Ave Harriman," snorted Virginia's Democratic Senator Harry Byrd to his good friend, Republican Treasury Secretary George Humphrey...
...Kollsman Instrument Corp. gave the ancient science of celestial navigation a modern twist, announced a new sextant that, once preset, will seek out the proper star or planet, average a series of sights, and flash its readings by remote control to the navigator. With a three-star fix, he can pinpoint the position of his aircraft within two miles under normal flight conditions. But the big advantage lies in the fact that he can do it without ever budging from his navigation charts. The system would be of invaluable help to fighter-bomber pilots on long-range missions. Also, airmen...
...brutal discipline," says Washington Free-Lancer Sidney Shalett, "and you have to stick to it. If you make the mistake of trying to write fiction in your spare time or fix light bulbs around the house, you're finished." The illusion of not having a boss is also deceptive; instead of one boss they have to satisfy a dozen editors. Says Free-Lancer Maurice Zolotow, who often writes about personalities in the entertainment world: "Once every year most free-lancers are bound to go through a period of despondency. Editors just don't seem to appreciate your genius...
...weeks ago that the Justice Department intended to file antitrust charges against most of the U.S. publishing and advertising industry (TIME, May 9), last week kept his promise. In the Manhattan U.S. District Court the Department of Justice filed a civil complaint charging the industry with "conspiracy" to 1) fix all advertising agency commissions at 15%, 2) deny credit to "nonrecognized" ad agencies that are not members of the trade associations. Defendants named: American Newspaper Publishers Association (801 member newspapers), Periodical Publishers' Association of America (Crowell-Collier, Hearst, Curtis, McCall), Publishers' Association of New York City...
...editorial titled "We Declare War." Said the magazine: The cartels, "euphemistically called associations," are "not keeping pace with economic trends and [are] abusing their strength and power to the detriment of our national economy." Noting that for months it had been receiving complaints from watchmakers about the rigid price fixing, the magazine said: "The cartels' management has won such power and independence that many of the members have lost their influence . . . The trouble with our cartels is that they fix prices according to the least efficient producers. In order to support this category, better and more efficient firms...