Word: higher
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Dates: during 1950-1959
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...have more of my figures than I have." One figure Newell remembered: in four years he made profits of some $1,000,000, and 90% of it came from commissions on Teamster insurance. Massachusetts' Senator John Kennedy heatedly pointed out that Newell's commissions were 20 times higher than recommended fees. Newell retorted that he gave exceptional service, but couldn't think of a convincing example...
...product line that ranges from small $50 JATO rockets to huge $250,000 missile engines producing the equivalent of 1,750,000 h.p. By the mid-1960s rocket engine spending will probably top $1 billion annually and go on climbing as the U.S. needs ever faster and higher flying weapons beyond the capabilities of conventional jet or ramjet engines, like those on Boeing's Bomarc missile (see below...
Back on Subsidy? The airlines' basic argument is that fares have not increased substantially in 15 years, while everything else in the U.S. economy has gone higher. Says Delta President C. E. Woolman: "In 1939 we were carrying people in $120,000 planes at 160 m.p.h. at an average investment per seat of $5,000. Today we are carrying them in $2,000,000 planes at 370 m.p.h. at an average seat cost of $25,000. This, it would seem, would justify some sort of increase...
...more than a year, U.S. airline operators have been flying in a pilot's nightmare: the higher they flew, the closer they came to a crash. Though domestic-airline revenues rose to new records, the drag of faster-rising costs reduced profits to the point where net operating income dropped to $101 million in 1956, v. $123 million in 1955. Last March seven major airlines petitioned the Civil Aeronautics Board for a 6% "emergency" fare inr crease pending the outcome of a full-scale general fare investigation of their entire rate structure. Last week, in their first-quarter reports...
...embroidery to the fine houses on Washington Square and St. John's Park. Her one ambition was to break into that glittery world and call it her own. She made it. Today more and more social climbing is merely the ascent from one suburban foothill to a slightly higher hill ; in Louise's day more dramatic mountaineering was frequent, and her own climb was a veritable conquest of Everest...