Word: freer
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Dates: during 1950-1959
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...Geneva this week, representatives of 26 of the 35 nations adhering to GATT (General Agreement on Tariffs and Trade) were in the midst of their fourth attempt since the end of World War II to arrange, mutual tariff reductions. Despite lip service to freer trade, most of the GATT nations cling to their barriers. Undiscouraged, President Eisenhower last week forwarded to congressional leaders a memorandum declaring that it was "absolutely essential" that the U.S. join the Organization for Trade Cooperation. (The OTC, if it ever becomes a reality, will act as a permanent administrative body to enforce agreements...
...Clarence B. Randall, 64, who helped build Inland Steel (5,000,000 tons annually), steps down April 1 as chief executive. Randall has been devoting his great gifts to a crusade for freer international trade. He was head of President Eisenhower's 17-man Commission on Foreign Economic Policy, which in 1954 got Congress to take a few steps forward. Randall's latest job: a flying trip to Turkey as the President's special consultant to help a stout ally make economic sense. Inland's new boss: President Joseph L. Block, the founder's grandson...
...Decontrolled many prices and canceled all labor contracts, apparently to promote a freer economy...
...been well ahead of the march toward freer trade, while many of its partner nations have lagged behind...
Weekday is short of being the most, but it is brisk, friendly and a lot freer and livelier than the old-style radio show with its predestined hourly, half-hourly and quarter-hourly breaks. It remains to be seen whether it will capture and hold the vast daytime, weekday audience of American women...