Word: item
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Dates: during 1950-1959
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More and more, Disarmament's Stassen has been crossing swords on policy with the State Department. Item: last December, while Secretary Dulles was in Europe, Stassen called a press conference and suggested, to the consternation of Dulles and U.S. allies alike, that both the U.S. and Russia might withdraw their forces from Europe. Last week Stassen and Dulles dropped in at the White House for a chat with President Eisenhower. When they came out, Dulles' sword was sheathed, Stassen was virtually disarmed. Announced Dulles: the President had directed Stassen henceforth to operate under policy guidance of the Secretary...
Though the $1.500,000 worth of Paris designs brought back each year by U.S. buyers are a tiny item in the U.S.'s annual $4 billion dress sales, they stir the whole massive bulk of the industry to new life. Even as U.S. women flip through the fashion magazines, other manufacturers will be studying the photographs, devising ways of changing materials, reducing fullnesses, simplifying cuts so that they can present a copy of a design they never paid for. In three months the $300 custom-made copies will have been copied in their turn to sell...
...view of the increasing numbers of qualified applicants in recent years, Harvard Law School and Business School have decided to make drastic revisions in their admissions policies." (News Item...
...Nebraska Publisher Seaton, at 47 the Cabinet's youngest member, designing a forward look in the Interior Department is one more item on his list of delicate Administration assignments. Rushed into Government sendee to become Defense Secretary Charles E. Wilson's assistant for legislative and public affairs, i.e., public relations, Seaton succeeded as well as any man in the face of "Engine Charlie's" proclivity for hip shots. As a presidential assistant, Seaton got many a touchy job, e.g., smoothing out patronage squabbles, asking for resignations. Moving into his toughest task, Seaton already has shown a considerable...
...their coffers. Under LIFO-pronounced lie-fo and standing for "last in, first out"-the Government permits inventory to be figured by the cost of the last stock bought during the year, on the theory that it is the first to be sold. Thus the profit on an item costing $2 in January and $3 in December is figured on the basis of the higher cost, thus a lower tax. Though designed (in 1938) for industries that handle only a few materials, LIFO has long been eyed by big department stores as a possible taxsaver. Last week Manhattan...