Word: freer
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Dates: during 1950-1959
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President Eisenhower had persuaded Congress to 1) extend the reciprocal-trade act for one year; 2) set up a commission to study the problem. Last summer he appointed the 17-member commission, headed by Inland Steel Co.'s Clarence B. Randall (TIME, Aug. 24); advocates of freer trade had hopes that the commission would emerge with a program less protectionist than present laws...
Benson continued the price-support programs and adopted emergency measures to help drought-stricken farmers. But to many farm-belt politicians and livestock men, that is not enough, and Benson's clear intimation that he really prefers a freer market is too much. Suddenly, reporters began badgering Benson with that ominous Washington question: "Are you going to resign?" As early as mid-September both Ike and his Secretary of Agriculture were aware of the power of the question to change the tide. In Denver to confer with the President, Benson said: "I did not go to Washington because...
...Chryslers, which came out this week, looked about the same as last year's models on the outside but had a big change inside. By improving the carburetor and enlarging the intake and exhaust valves to permit freer "breathing" of its "FirePower" engine, Chrysler boosted horsepower from 180 to 235, making it the most powerful stock-car engine in the U.S. The new engines will go only into the highest-priced New Yorker and Imperial lines...
...rejected one such measure. But the industry is in such a critical state now that Congress will have to make a more basic decision: whether the nation's lead and zinc mining industry is more-or less-essential than the Administration's goal of lower tariffs and freer trade...
GREYHOUND Corp., which was once forced to get financing from the railroads to build up its bus lines, is buying out its partners to have a freer competitive hand. It plans to pay $22.5 million for the railroads' stock in three of its biggest bus lines, Pacific Greyhound, Pennsylvania Greyhound and Tennessee Coach Co., is also dickering for big Blue Ridge and White Star Lines, whose 142 buses cover 1,130 miles of routes between Cleveland and Washington...