Word: glut
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Dates: during 1960-1969
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...vital G.M. legacy from the Sloan era is G.M.'s overriding emphasis on a strong, healthily prosperous dealer organization. Sloan picked his dealers carefully, watched over their accounting methods, and saw to it that they were all geographically spaced to divide the market properly. After the 1955 auto glut-when the company was accused of forcing so many cars on dealers that they had to dump them at almost any price-G.M., with prompting from the Senate's O'Mahoney subcommittee, further improved its dealer relations. It extended dealer contracts from one year to five, hired...
...World War II, the stockpiling program was expanded slightly by Congress in the 19405, and greatly during the Korean war. In latter years, apart from a modest military utility, the program became a device to prop certain domestic industries, bolster commodity prices and even to work off the farm glut. Major holdings...
...whole, Chicago's new buildings reflect the influence of Mies van der Rohe's cleanly sculpted rectangles and squares. Although a few architects are fretful ("We're going to have a fantastic glut of office space and apartments"), most are convinced that Chicago is growing fast enough to fill the buildings that are popping up all over town. Says William Hartmann, a vice president of Skidmore, Owings & Merrill: "The boom represents the solidification of the Midwest as an industrial center and as a place to invest...
Even in a normal season, such a glut--which hurts both the public and the plays--would be foolish. But it is especially idiotic to be faced with an embarrassing richness of drama in such a lean season as this past...
With its relative financial freedom, Harvard drama has never had serious worries about attendance. Still, some consideration for the public is necessary to maintain any sense of community between audience and players. The thoughtlessness that resulted in this week's glut only further alienates the Harvard public from Harvard drama...