Word: mutuals
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Dates: during 1950-1959
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More important, perhaps, was Dulles' other Asian treaty of the year, the mutual defense agreement between the U.S. and Nationalist Chinese Leader Chiang Kaishek. One tribute to the treaty's impact was the angry reaction of the Communist Chinese. The pact did not establish any new principle, but it wiped out some doubts. Said Dulles: "It is my hope that the signing of this defense treaty will put to rest once and for all rumors and reports that the U.S. will in any manner agree to the abandonment of Formosa and the Pescadores to Communist control...
...Mutual Friend. Now 52, Dick Daley is a modern model of the machine boss, well-scrubbed and honest. He grew up in the "back of the yards" neighborhood on the South Side, got a law degree from De Paul University, became minority leader of the state senate. When Adlai Stevenson was elected governor in 1948, he appointed Daley state director of revenue. When Jack Arvey's ulcers became bad enough, Daley took over as Democratic county chairman. If he can win the mayoralty, Daley will probably cast longing eyes on the governorship...
...most retailers. What has happened is that most big insurance companies have started giving quantity discounts on what they call "specials." New York Life Insurance Co. and Equitable Life Assurance Society, for example, cut rates some 15% on policies of $10,000 and up. Travelers Insurance Co., John Hancock Mutual Life Insurance...
...Hartford insurance executive: "We are competing with General Motors and Westinghouse for the average man's dollar, and we admit the average man cannot afford the kind of insurance coverage that he needs." The trend has shaken the insurance business to its deep and respectable foundations. The Mutual Benefit Life Insurance Co. (No. 11 in the U.S.) has vigorously opposed the specials. In Life Insurance Courant, New York Underwriter Halsey D. Josephson complains: "The surrender . . . to the expedient of issuing specials . . . may very well be the beginning of the end of American life insurance as we have known...
...task is undertaken in the current issue of High Fidelity magazine by Frederic Grunfeld, who runs the Mutual Broadcasting System's Musical Almanac. Drawing heavily on the work of the eminent British social scientist and author, Stephen Potter (Gamesmanship, Lifemanship, etc.), Grunfeld develops in a series of case histories some basic principles of Diskmanship. Writes he: "A single record, properly selected and bestowed, can serve to establish beyond question the authority of the giver for a year or longer," and persuade the other fellow that he is hopelessly tin-eared. Some successful Diskmen...