Word: inlanders
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Dates: during 1950-1959
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...soundings on RFC convinced him that the Eisenhower Administration might well carry out a general program to liquidate some of the 21 other Government corporations, and to render some of their fat back into the Treasury. Last week Commerce Secretary Sinclair Weeks put up for sale the Government-owned Inland Waterways Corp., which operates barge lines on the Missouri, Illinois, Mississippi and Warrior Rivers. (Inland Waterways, which has net assets of $14.4 million, has been put on the market before, but no prospective buyer has ever made an offer which the Government considered acceptable.) Meanwhile, both Congress and the Administration...
...swelling chorus of businessmen demanding a reduction in U.S. tariffs the voice of Henry Ford II was added this week. The U.S., said Ford Motor Co.'s boss in a speech scheduled before the Inland Daily Press Association, "can and should step forth boldly and lead the free world toward freer trade" by elimination of all tariffs and other restrictions. In turn, "if foreign countries want American private capital, it's fair to ask that they act in a way which will encourage the American investor" by "guarantees against expropriation of property and the elimination of inequitable double...
...What had been only an angry sea storm at night exploded before dawn into a rampage that raked the coastal lengths of The Netherlands, Belgium and northern France, and the southeastern coasts of England. Pushing at the mouths of rivers and canals, the wind-driven tides drove floodwaters far inland-across 40 miles of The Netherlands in some areas, even into Germany as far as Düsseldorf (90 miles from the Zuider Zee), well up England's Thames into the streets of London's suburbs...
...Dallas last week, the end of an aviation era was marked. The company announced that the last propeller-driven fighter to be made in the U.S. was off the production line. It was the 12,571st Corsair, a descendant of the planes once flown from Guadalcanal to the Inland Sea by such hot pilots as Marine "Pappy" Boyington and the Navy's "Ike" Kepford. Corsairs, with their inverted gull wings, were the first fighters to exceed 400 m.p.h.; during World War II they splashed a total of 2,140 enemy aircraft, v. a Corsair loss of but 189. With...
When is a top executive too old for his job? Inland Steel's 66-year-old Chairman Edward L. Ryerson, who holds directorships in five other companies, answered the question last week by resigning from one of them to open "opportunity for younger men." Ryerson, quitting the board of Chicago's Northern Trust Co., said his action was part of his plan for "gradual retirement" from his other directorships and finally from Inland...