Word: formulas
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Dates: during 1940-1949
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...Money, Too. The session also offered tips on another Waring formula: "How to learn music for money." The students at Shawnee could hardly have found a more knowing instructor. The 75 musicians and minnesingers known as Waring's Pennsylvanians have outlasted many a more popular band and are apparently imperishable. Last week, Fred was lining up a new NBC show for the fall (sponsored by General Electric...
...companies were accused of adding to their base prices-in lieu of actual freight, shipping and switching charges-an arbitrary amount, "automatically arrived at with mathematical precision" by a formula provided by the steel institute. Even though cheaper truck or water transportation might actually be used, the formula allegedly bases delivery prices on all-rail freight and assesses arbitrary "switching charges." The result, said FTC, is the same as if "all mills were under one ownership and control...
Critics of the present system, under which there are basing points scattered through the land, have sought to replace it with an "F.O.B. mill" formula, whereby the customer would pay the actual freight charges. The industry contends the basing point setup is virtually F.O.B. mill. Steelmen were also quick to point out that they had been using the present system since 1924, when FTC outlawed the "Pittsburgh plus" system, which made Pittsburgh the basing point for the whole country. They suspected aloud that all the sudden hollering was just a political maneuver to take housewives' minds off high prices...
...written word. Our Constitutional experience has bred a belief that once an organization has been set up, and its rules put on paper, things will practically run themselves. But events in the U.N. are demonstrating that the problem of maintaining peace is more than just finding the magic formula and writing it into the law of nations. The struggle for peace and security is a continuing one. The next few months may well be crucial in the formation of the public opinion that will guide Congress when it meets next year to determine the extent of American backing for various...
Signs of Peace? When he takes over his new job next fortnight, Cy Ching will have the chance to give that formula its most searching test. In labor's determined campaign to bypass or discredit the Taft-Hartley Act,* there were only faint signs of peace last week...