Word: ironing
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Dates: during 1950-1959
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Last week, riding in a gleaming, Japanese-built parlor car behind an old, Philadelphia-built locomotive decorated with the red stars of Mao Tse-tung's China, British Laborites Clement Attlee, Aneurin Bevan and their six fellow travelers emerged from three weeks behind the Iron Curtain to roll across the Lo Wu bridge in luxurious oblivion of the lowly footpath beneath them. In Hong Kong the touring Laborites parted company: Attlee to go to Australia, Bevan and the others to visit Japan. But behind them in Red China, they had obligingly left with Chinese newsmen a joint declaration that...
Competitive Change. Competition has meant great changes for whole industries as well as for individual companies. In 1909 the iron and steel industry held 30.8% of the assets of the 100 largest companies. By 1948 this was down to 12%, while the petroleum industry shot up from...
...year-old charges that it welshed on a $10 million deal to help float stock for Kaiser-Frazer Corp. But Internal Revenue agents handed Eaton a $1,570,000 bill for back income taxes (1943) on a $1,909,000 profit he made by transferring stock between two Canadian iron-ore companies...
...postwar race for world markets, the U.S. gave itself a heavy handicap. It poured $35 billion of foreign-aid money into the economies of other countries (e.g., $207 million into Europe's iron and steel industry, $35 million into its auto industry). To many businessmen, the foreign-aid program has succeeded too well; they complain that they are losing business to their eager new competitors abroad...
...graphic reminder to drive carefully even when the life you save may not be your own. On the highways of a town called Center City, one car plows into another at 50 miles an hour. Score: one dead, one severely injured. The guilty party, a 200-lb., iron-willed matron, promptly sues the other driver (a young millionaire) for $300,000 on grounds that disfiguring injuries have ruined her daughter's budding career as a beauty queen and TV star. But two unexpected witnesses make depositions to set things right. Author Pratt lays on the human gore and displays...