Word: folds
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Dates: during 1950-1959
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...boost only an emergency lift. For the long haul they argue that at least a 10% increase is necessary to preserve the air fleet which the nation's security and economic well-being demands. The alternatives, say the airmen, are two: either the weakest airlines will fold and the middling ones merge, concentrating the air-transport industry, like Detroit's automakers, into a few giant companies, or U.S. airlines will be forced once again to come begging for big subsidies such as those supporting the U.S. shipping industry...
...water would reach Los Angeles, the little city annexed the valley. In the years that followed, the Owens Valley dried out, San Fernando bloomed, and Los Angeles, which still gets 69% of its water from the aqueduct, crept beyond its boundaries like a flood tide, bringing into its fold other nearby cities, which had to annex themselves to the city to get the water...
...Government lawyers, backed by an affidavit from Secretary of State John Foster Dulles, quickly appealed to the Supreme Court what they called McGarraghy's "clearly wrong" injunction, bypassing the Appellate Court on grounds that the Girard case's "imperative public importance" demanded a speedy settlement. Their two-fold argument: 1) the Uniform Code of Military Justice permits the Pentagon to surrender jurisdiction to civil authority where it sees fit; 2) in international relations, i.e., the status-of-forces agreement with Japan, the U.S. executive branch has power to waive jurisdiction over overseas G.I.s. At week...
...beginning itself, however, promised to be the fulfillment of a crusade for democracy at Harvard. The turn of the century saw Harvard wrestling with a two-fold problem: High school graduates and scholarship students lived in the economical Yard while the rich moved off to "Gold Coast" quarters on Massachusetts Avenue, and final and "waiting" clubs were forming, with clubhouses erected on Mount Auburn Street. Harvard College, both socially and physically, was splitting into two camps...
...Litton Industries was started in 1953 by Charles B. ("Tex") Thornton, a onetime Hughes Aircraft Co. executive who left with Ramo and Wooldridge. Backed by Lehman Bros, and other investment bankers, he bought going companies for their products and talent. Today, with 16 small firms in its fold, Litton makes radar tubes, printed circuits, high-quality transformers (780 models), typewriter-sized computers selling for $12,000, dozens of other electronic gizmos. Sales in 1954: $3,000,000. In 1956: $15 million, with $25 million estimated for 1957. Litton's stock, which sold for $10.50 two years ago, now trades...