Word: membered
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Dates: during 1950-1959
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Even the European Coal & Steel Community, long the shining practical example of a European readiness to surrender some sovereignty, has come upon hard times. For its first six years, its member nations (France, Germany, Italy and Benelux) went along cheerfully with its expansionist schemes to abolish coal and steel tariffs and to outlaw cartels. But in the past six months, slackening European demand for coal, plus U.S. competition, has stacked up 30 million tons of unsold coal (TIME, March 2 et seq.). Fortnight ago, when the High Authority of the community ordered its members to restrict the production and import...
...dispute was for control of the powerful, 450,000-member Sugar Workers Federation. To gain a voice in it, the Communists used an old ploy: they headed their slate of candidates with Conrado Becquer, 39, a respected, longtime labor leader. Becquer shot to his feet, denounced the Red list, swept to victory as the Castro candidate for secretary-general by a vote...
...Dobbins, a frequent baiter of labor bosses though an American Newspaper Guild member himself, quite plainly saw his own responsibility, sat down at his drawing board and, with his characteristic heavy-lined style ("I can't draw tiny lines-I'm six feet four"), once again exposed Jimmy in his bearskin (see cut). Said Dobbins. "I'm pleased that I scored-he seemed such a hard guy to penetrate with ridicule...
...begins for Chief Inspector Gideon (Jack Hawkins) when a "copper's nark" (informer) turns over a nasty kettle of fish: a member of Gideon's staff has taken hush money from a dope ring. Gideon rushes off to the office, rips the lettuce off his lapsed subordinate, sends out the alert for a sex murderer from Manchester. Then he looks in at the scene of a payroll robbery, gets word that the inspector he sacked has been killed by a passing car, discovers that the same car was used in the payroll job. Puzzled, he rushes...
Worried that the new boom would sweep in more inflation, the Federal Reserve Board last week took an expected step. It approved a hike in the discount rate on loans to commercial banks from 3% to 3½% for five member banks: New York, Chicago, St. Louis, Minneapolis and Dallas. The new discount rate is the highest since the fall of 1957, is bound to restrict even further the tightening money market. The Federal National Mortgage Association braced itself for tighter money by reducing the price it will pay for Government underwritten mortgages from 99% to 97% of face value...