Word: formalization
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Dates: during 1950-1959
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Soviet Earful. Beyond Gromyko's personal performance, the Russians showed they have finally mastered the main news-shaping device of mid-century diplomacy: the formal briefing. With the foreign ministers meeting behind closed doors, many correspondents found the post-session briefings their only source of solid news, other than the handouts of speeches for which they scrambled wildly...
Most of those questioned agreed that "some, though certainly not all" students in their first year are not being sufficiently challenged by the formal curriculum, and it was added that the present freshman advising system is "no help" in this respect...
Like a battalion deploying for battle, a crowd of nearly 1,000 surged through Manhattan's Roosevelt Hotel last week as formal bargaining opened between the steel industry and the United Steelworkers Union. So numerous were the advisers, statisticians, supernumeraries and just plain hangers-on that the cost to management and labor was estimated at nearly $25,000 a day. President Eisenhower tried to set the tone for negotiations by warning again that both sides must show "good sense and some wisdom" to avoid an inflationary wage hike (see NATIONAL AFFAIRS). But both sides had hardly started negotiating when...
...unit (U.S. Steel acts as the front man for the industry). But legal experts saw no clear reason why the steel industry could not legally act together on a shutout to protect itself, and the NLRB turned down the union's request because it had made no formal charges...
...native Phoenician who stopped his formal training in high school, Long learned an invaluable lesson soon after he began building: "It's easier and cheaper to do it yourself than to subcontract. And volume is the key to continued growth." Long hired his own crew, used every known labor-saving device, estimated his costs to the penny. In his first development, he built 134 houses for $7,400 each, cleared only about $350 on each. Then, in 1953, to take advantage of the 10% down payment introduced by Congress for $7,000-or-under houses during the Korean...