Word: loss
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Dates: during 1940-1949
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Dreams & Delirium. Young (28), handsome Piotr Pirogov quickly found a literary agent, arranged to give lectures, write articles and turn out a book. But Barsov was at a loss. Older than his navigator and outranking him, he seemed to resent his pal's success. An inarticulate, heavy-boned man with thick-knuckled peasant hands, Barsov found himself all but ignored. In his diary he noted: "As always, all-knowing and haughty to the point of stupidity, [Pirogov] insulted me repeatedly . . . Today's quarrel with Pirogov made clear my dependency upon...
...remedy might be reciprocity with the U.S., and, if the U.S. is willing, free trade across the border. Canadians rejected wide reciprocity when U.S. President William Howard Taft proposed it in 1911. They feared it would lead to a customs union, the destruction of Canadian industries and the ultimate loss of Canadian independence. They would be wary of it today for the same reasons...
...stretch-running threat of RCA might mean the loss of nine years' work and $3,500,000 in color research. But CBS President Frank Stanton rallied gamely. It is important, said Stanton, "to have color TV come quickly by the best available system . . ." Looking ahead to this month's important hearings before FCC, he added: "CBS color TV has been proved through numerous tests and demonstrations . . . We will look forward to studying similar tests and demonstrations of the latest RCA system...
...companies, like Lukens Steel Co., insisted that they could not afford to pay increases at the current rate of earnings. Said Lukens' Robert Wolcott: "Wage increases can't be paid out of past profits . . . [In] the four-week . . . period ending July 9, 1949 . . . Lukens . . . showed a net loss...
After four months' investigation of Tucker Corp., auditors appointed under the reorganization proceedings last week estimated the loss to investors at $18 million. For $25 million collected from the sale of stock, dealer franchises and auto accessories, the auditors could find assets of only $7 million-just half the amount listed by Preston Tucker and company directors when they petitioned the court for trusteeship last March. Where the $18 million had gone was a mystery. The auditors held that a "further investigation" was needed because "certain expenditures [were] of such an extraordinary type and amount...