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...House side, the show of the week was in Sol Bloom's Foreign Affairs Committee. With a black thimble on his right index finger, Chairman Bloom clicked & clacked for order while Henry

Author: /time Magazine | Title: National Affairs: Order by Thimble | 3/7/1949 | See Source »

...sense of public relations, G.M. timed its action to coincide with company-wide wage reductions of 2? an hour under its escalator "cost-of-living" contract. (Wage rates are adjusted up or down quarterly, 1? for every 1.14 point change in the Bureau of Labor Statistics cost-of-living index.) Said G.M.'s President Charles E. Wilson: the markdown was intended to "pass along to consumers the savings resulting from both the downward adjustment of wage and salary payments and the lowered cost of certain material items...

Author: /time Magazine | Title: AUTOS: Break | 3/7/1949 | See Source »

...After 19 years, the Pittsburgh Bulletin Index quit. In its hectic lifetime, the B.I. had been at times a society chronicle, at times a muckraking political journal. But for most of the last 15 years, it had been a regional newsmagazine (peak circ. 12,000). The changes failed to turn it into a moneymaker. At the end, it was losing $1,000 a week...

Author: /time Magazine | Title: The Press: Two Down | 2/28/1949 | See Source »

...businessmen, remembering the 1920 collapse, worried that the commodity slump might get out of hand. Though stock prices fell again last week, putting the Dow-Jones industrials below their post-election lows, there were few other signs of a widespread price drop. The Bureau of Labor Statistics' general index of wholesale prices (food, metals, textiles, etc.) had changed little in a month. The storm, as yet, had blown only on the farms...

Author: /time Magazine | Title: Second Wave | 2/21/1949 | See Source »

Pencil Sub One. Finally, one thing is never like another-"not even two Ford cars are alike." It is inadequate to think "pencils." One must think "pencil sub one, pencil sub two, pencil sub three . . ." Failure to "index" leads to false generalizations. "Generalize all you want to," cries the count. "But don't trust...

Author: /time Magazine | Title: Education: Always the Etc.? | 2/14/1949 | See Source »

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