Word: fleetness
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Dates: during 1950-1959
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...Example: stable world markets and indeed the safety of free civilization depend on maintaining a strong U.S. economy. The U.S. patriot in today's world, Ike said to the students, faces challenges as stirring as that felt by Francis Scott Key as he gazed from the British fleet, where he was held captive during a War of 1812 battle, and saw the bursting rockets' red glare over nearby Baltimore...
...Hollywood sound stage, Fleet Admiral William F. ("Bull") Halsey, 76, peered through his thick-lensed glasses, did an approving doubletake. Object of his scrutiny: Cinemactor James Cagney, 54, his natural resemblance to Halsey startlingly enhanced by makeup, playing Bull Halsey in a movie titled The Gallant Hours, which will depict the Bull's role in winning the Battle of Guadalcanal. Said Cagney: "This film is a labor of love and gratitude to a man who, when the chips were down, performed...
...charging high prices for the gas (competing fuel oil must pay 24% taxes against his 14.8%), Mattei has some flashy results to show: he has accumulated huge sums for oil exploration, owns pipelines, a tanker fleet, a spanking new synthetic rubber and fertilizer plant, and a string of thousands of bright yellow filling stations across Italy. He operates eight motels and is building nine more. He is also at work on an $80 million nuclear-power plant...
...controversial. In fiscal 1959 MATS will spend more than half of its $535 million budget to operate 533 transport planes, many of them flying cargo and passengers in direct competition with commercial U.S. carriers. Last week a MATS plan to add ten new Douglas DC-8 jets to its fleet at a cost of $66 million ran into a turbulent stream of industry, Administration and congressional opposition. Complained Pennsylvania's Democratic Congressman Daniel Flood of the House Appropriations Committee : "Congress has got to stop MATS from competing with private business...
...getting farther and farther away from its combat-carrying function as it steps up military passenger and cargo business, which under established Government policy should go to commercial carriers. The airlines worry that jet passenger transports will be but the first step in converting MATS' $1.2 billion fleet of aircraft into a $3 billion jet operation that will take away even more commercial business. Pan American World Airways is postponing its decision to buy new cargo jets until it finds out whether it must compete against a MATS jet fleet...