Word: guaranteee
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Dates: during 1940-1949
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After thinking over President Truman's Point Four program for backward nations, New York Stock Exchange President Emil Schram spotted a big flaw in the idea. Point Four would wrap a protective government guarantee around private funds invested outside the U.S. What irked Schram was that there was no...
In two all-day sessions over the weekend, the Salzburg Seminar voted to continue operations in Europe for live years. To guarantee the long-range commitment, the annual meeting approved the immediate undertaking of a fund drive for $300,000.
Many a businessman agreed with Rockefeller that the program was a noble idea. But they also agreed that U.S. investors would need more assurance that they wouldn't lose their shirts, or have them nationalized, in foreign ventures. This week, the Administration will try to provide some of that...
Secretary Brannan is willing to "do something for beef" and for just about every other farm product in the book (TIME, April 18). With the Hope-Aiken Act set to function in 1950, providing for a lower and more flexible level of price supports, he has advanced a counterplan to...
* Under the contract, the foreman of the composing room, who does the hiring, "shall be a union member"-a virtual guarantee that no non-union printers will be hired.