Word: letter
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Dates: during 1950-1959
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M.I.T. returned the check, referred the letter to its sales organization. An Englishman wrote that he was selling his home and coming to the U.S. to invest his money in mutual-fund shares and to get a job selling them. The president of an insurance company in New Delhi asked if he could come to study M.I.T.'s operations because "I feel that even in an underdeveloped economy there would be room for an institution of this type." One North Carolina man went to Boston, called on Robinson, said he owned $270,000 worth of stock in a Southern...
Within minutes after he received Ike's letter, Dave McDonald announced that the union would stay at work until July 15. He also retreated from the stand that he would extend the contract only if any wage hikes in any new contract would be retroactive to July 1, an issue on which previous negotiations had floundered. U.S. Steel Chairman Roger M. Blough, the man who has most to say about bargaining matters, and the heads of eleven other steel companies agreed to the new terms. This week negotiations were resumed at Manhattan's Hotel Roosevelt...
...Emergency. Ike's letter was an answer to a letter from McDonald, who was so anxious to have the Administration take a hand in negotiations that he asked the President to appoint a fact-finding board to look into the issues. Arthur J. Goldberg, the union's general counsel, phoned Labor Secretary James P. Mitchell in Washington while McDonald's let ter was still on the way, told him what was in it. Mitchell, who had been keeping in touch with both sides, got together with Vice President Nixon and White House Counsel Gerald Morgan and worked...
...though they also feel that the industry is in a much better position to take a strike than in 1956. Up to now, both sides have spent so much time arguing the issues in public that they have not got down to any serious bargaining. The President's letter was calculated to give them the time to do just that, and brought fresh hope for a no-strike settlement...
Automatic Post Office. The U.S. Post Office Department will soon introduce vending machines, made by Electric Vendors of Minneapolis, that will sell paper, envelopes and stamps, automatically make change up to a dollar, then weigh the letter and accept it for mailing. Designed for after-hours service, the machines will first be placed in railroad and airport terminals, later built into the walls of post offices and office buildings in major cities...