Word: free
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Dates: during 1940-1949
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...Nation last week found itself with an issue dear to its professionally liberal heart: freedom of opinion. And, as usual, it made the most of it. In its own pages, the Nation, in effect, charged that the Saturday Review of Literature was suppressing free opinion. The suppression: the S.R.L.'s refusal to print a letter, signed by 84 poets, critics and others, criticizing two articles the S.R.L. had printed last June about Poet Ezra Pound and the Bollingen Prize (TIME, Aug. 29). The Nation itself printed the letter last week, alongside an article accusing the S.R.L. of everything from...
...Mahoney, who had not been at all critical while the Steelworkers were after their wage boost last summer. Cried he: "The steel industry is not justified in levying an increased tax on the whole economy of the U.S." Its leaders, he said, are doing more damage "to the free-enterprise system than all the crackpots have ever done." To get an explanation, O'Mahoney asked Ben Fairless to appear before a congressional committee right after New Year's. Fairless, who in the past has often had as little to say as Garbo, promptly said that he would "welcome...
Rosy Future. Actually, in a free and once more competitive economy, Big Steel had a perfect right to raise its prices. But with the steel shortage over, it might not get away with it. Big Steel's customers certainly would not like the $80 million-a-year increase in their steel bill, especially in the light of steel profits. In the first nine months of 1949, U.S. Steel netted $133 million, 50% more than in the same period in 1948. And so far as Ben Fairless could see last week, the future looked rosy. Operations of Big Steel...
...high-school gymnasium. There, over a $6 roast beef dinner, they listened to some famed Texans (including U.S. Senators Tom Connally and Lyndon Johnson) praise a fellow Texan in terms extravagant even for the Lone Star State. Said ex-Governor William P. Hobby: "He is the kingfish of free enterprise." Added Governor Allan Shivers: "He is Mister East Texas...
Many London merchants sold their gems not at the pegged pound rate, but for cheaper pounds in the free money market in Tangier, thereby losing Britain many dollars. But the dealers had little choice. If they had sold their gems at the official rate, Dutch and Belgian dealers would have undersold them...