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...from Laurance Rockefeller. Later, Laurance and his family (TIME, Jan. 31, 1949) increased their investment in McDonnell Aircraft to $475,000, giving them 20% of the stock. But Mac McDonnell put "M.A.C." (as he calls McDonnell Aircraft) on its feet through his own talent for design, production know-how and sharp eye for cost-cutting...

Author: /time Magazine | Title: AVIATION: Up from the Doodlebug | 10/23/1950 | See Source »

...deal was one more indication that the U.S. was still far behind the British in the jet engine field. For U.S. engine builders, the only consolation was that by exchanging U.S. production know-how for the advanced designs of British engines, there was a good chance that both nations would be able to keep ahead of the rest of the world...

Author: /time Magazine | Title: AVIATION: Wright's Rights | 10/16/1950 | See Source »

...base discriminated against industries which were on the downswing of their particular business cycle in the base period, or had poured money into expansion and so had less than normal profits. Use of the investment base bogged down on the proper valuation of good will, know-how and other intangibles. In all such calculations, as the University of Chicago's Professor Roy Blough, now a member of the President's Council of Economic Advisers, pointed out two years ago, "Any two persons or groups of persons ... might differ by perhaps as much as 20 to 50% with neither...

Author: /time Magazine | Title: GOVERNMENT: Unfair, Unsound & Popular | 10/2/1950 | See Source »

...into the shipbuilding business. Kaiser, who made his reputation as a World War II shipbuilder operating seven Government-owned shipyards, now operates none. But with talk of a big new Government program (see Shipping), World War II's top shipbuilder thought that he could put his know-how to use developing a profitable sideline...

Author: /time Magazine | Title: AUTOS: Enter the Henry J | 10/2/1950 | See Source »

Dragging Feet. On paper, the nations of non-Communist Europe could overmatch the basic resources of Communist Europe. On each side of the Iron Curtain live about 250 million people. The Europeans to the west of the Curtain possess greatly superior technical know-how and industrial capacity. They can, for instance, make 50 million tons of steel a year against the 28 million-ton capacity of Russia and its satellites. Yet if West Germany's 50 million people and 15 million-ton steel capacity should pass into Red control, preponderance would pass to the Reds. Even with the German...

Author: /time Magazine | Title: GERMANY: Last Call for Europe | 9/18/1950 | See Source »

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