Word: formulae
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Dates: during 1950-1959
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Munoz and his men are so unashamedly pleased with Operation Bootstrap that their formula for the future is more of the same. Goals: 2,500 factories by 1975, with a standard of living then equal to that of the U.S. now. The U.S. recession is hurting the island, and with unionization and rising wages, the tax-exemption law, which expires at the end of 1963, is left as the main incentive. But in a single week recently, U.S. investors were in Puerto Rico to study prospects in plastic webbing, dresses, sportswear, tourist hotels, motorboat trailers, wall tiles, plastic toys, scientific...
Charts, maps, and reports play a large part in all of this work, as the familiar progressive school formula of learning by doing is constantly applied. But the students are not merely following rote plans; they are actually recreating, in many cases, the actual processes of discovery, especially in astronomy and geography...
...auto companies before, G.M. stepped up the pressure. It stopped collecting union dues by payroll checkoff, and told union shop stewards that they can spend only half their working hours on union business. Ford and Chrysler, whose contracts expired three days after G.M.'s, followed the G.M. formula for operating in the no-contract period. If there are no contracts by the end of June, automakers may shut down. With a backlog of 760,000 cars, automakers prefer a showdown in the next few weeks to giving the union a chance to call a strike at the crucial model...
...went on to win its first Eastern Baseball League title in 29 years as well as defeating Yale 12 to 7. The crucial game was against Dartmouth and the Crimson valuted into first place by belting the Indian's star pitcher Pete Quirk, and winning, 5 to 4. The formula of victory can be found in the varsity's two fine pitchers, Dave Brigham and relief ace Gerry Emmet, a steady catcher in John Davis, and the combined hitting of Frank Saia, Kent Hathaway, Bob Cleary, and Tom Bergantino. No matter how the final two games turn out against Yale...
...will serve as the model for private shippers who are increasingly anxious to get into the field. Cities Service. Gulf Oil and Standard Oil (N.J.) are all interested, and the Maritime Administration hopes to have the first nuclear-powered tanker in the water by 1961. One possible formula to help private industry get into the new field: the U.S. Government will pay the difference between conventional and nuclear vessels, at least until costs are more competitive...