Word: humphrey
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Dates: during 1950-1959
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...Pittsburgh Steamship Division, which plans to spend about $100 million on twelve 20,000-to 25,000-ton Great Lakes ore carriers, several of which would outstrip the largest iron-ore ship now on the lakes-M. A. Hanna Co.'s 23,000-ton George M. Humphrey...
...against some Republican besides Ike; Estes Kefauver, still, according to the Gallup poll, the peepul's choice (he leads second-place Jack Kennedy by 26% to 19%, but professional Democratic politicians are more unwilling than ever-if possible-to accept him); and Minnesota's Senator Hubert Humphrey, Michigan's Governor "Soapy" Williams, and even Oregon's odd Senator Wayne Morse, all liberal darlings...
...Augusta at week's end, where-between alternate engagements at the links and in his office-he munched (in the Kelly green coat of the exclusive Augusta National Golf Club) crackers from the "Eisenhower Cracker Barrel," a pine-wooded whimsical memento contributed by Treasury ex-Secretary George Humphrey. Rising to the folksiness of the occasion, Ike said between munches, "There'll be no trouble from here on out for the world...
Profit Slump. Humphrey argued back that National Steel's other goods and services, e.g., freight rates, have crept up so much that its- manufacturing costs are at least $7.88 a ton higher than last spring. Yet National's July price increase averaged only $4.58 a ton because it specializes in certain steels on which there was a smaller-than-average rise or none at all. Humphrey felt that any price rise "tends to be inflationary," but. he thought the steel rise was necessary. So hard have higher costs nipped National that its third-quarter profits slid...
...from letting the question rest, Wyoming's Democratic Senator Joseph C. O'Mahoney wanted to know why all steel makers generally set the same prices. Humphrey said that National's policy is to "quote prices as near the prices of our competitors as we can learn so that we will get at least as much as they do, and we ought to be ashamed if we do not." Would National then follow a price rise set by U.S. Steel or any other competitor, asked Kefauver. Answered Humphrey: "Of course we would attempt to get that price...