Word: lesses
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...Offer financial aid to foreign-development banks and other "American financial institutions which are prepared to invest in private enterprises in the less developed countries...
Only a few years ago, the customer looking for a small economy car had a small choice. This year nearly 70% of the cars in the show-about 400 in all-sell for less than $3,000. For $4,000 (about the price of a Ford Thunderbird), the auto buyer can have anything but a few top models. Everybody is getting into the merchandising act, moving up, down, and all around to tap a foreign-car import market that is expected to top 500,000 units this year. Even England's staid old Daimler, best known for the limousines...
...case for an "extra billion dollars" in the pockets of 1,250,000 steelworkers. This is money, says the union, that will bring real benefits to the economy. Union Boss Dave McDonald is not so much interested in a hefty wage boost as in fringe benefits, whose cost is less evident. He is likely to emphasize pension terms, better hospitalization and medical plans, more generous unemployment benefits. But the big firecracker that is sure to set up a ringing in management's ears is a share-the-work plan to reduce the dangers of unemployment by giving each worker...
Actually, McDonald could accept much less. He has beaten down last year's dues revolt in his own union (TIME, Sept. 29), and need not act tough to impress his membership. Nor does he have to bring home a whole ham to keep pace with the wage gains won by other unions. The United Auto Workers' President Walter Reuther settled for a modest increase that poses no threat to steel's position as one of the best-paying big businesses. Steelworker gross earnings averaged $2.88 an hour last year, 35? better than autoworkers and 75? better than...
...part of the success was due to the government's happy idea of "Volkskapitalisten" (people's capitalists), and spreading the stock among as many people as possible. Purchasers were limited to five shares apiece; only those with incomes of less than $3,810 a year could subscribe. By tempting the purses of middle-class citizens, the government hopes both to keep them from socialism and to tap the $9.3 billion West Germans have locked up in small savings accounts. The next issue will probably be the giant Viag heavy-industry holding company (coal, aluminum, steel, copper, electric power...