Word: kefauveritis
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Dates: during 1950-1959
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In his unannounced but unabashed run for the Democratic Party's nomination for President in 1960, Jack Kennedy has left panting politicians and swooning women across a large spread of the U.S. Taking off from the 1956 Democratic Convention, where he lost the nomination for Vice President to Tennessee...
For the first time in broadcasting history, all three networks pooled their talent on NBC's Wide Wide World last week to help TV celebrate its first decade. The result was a kind of family photograph album-a little faded, and brown with nostalgia. There was more fun than...
Yet such a drop, persisted Kefauver, "would give the economy a shot in the arm." Then Kefauver lashed out at the steel price hike made last July to balance the 21? hourly boost for steelworkers. Prices went up by an average of $6 a ton, Kefauver noted, but manufacturers admitted...
Far 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...
O'Mahoney noted that this means that prices are not always set by the most efficient producer. While U.S. Steel is the biggest steelmaker, O'Mahoney and Kefauver contended that National makes steel at less cost, and that the return on stockholder's investment is higher than...