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...Want of a Nail. Each week it lasts. the strike will siphon off from the economy 2,000,000 tons of steel worth $300 million, plus $70 million in steel wages and an estimated $21 million in industry profits. The drain is affecting satellite industries. Around the country, of the 35,000 workers laid off in industries depending on steel, 9,000 were truckers, more than 10,000 railroadmen, several thousand seamen (on the Great Lakes. 300 broad-beamed ore carriers dropped anchor). This week at least another 30,000 nonsteel workers will be idled; next week the number will...

Author: /time Magazine | Title: Business: The Strike's Effects | 7/27/1959 | See Source »

...many an industrialist, Chairman Robert Black of White Motor Co. said: "We began preparing for this strike six or seven months ago. We've got a 60-to 90-day steel stock. But you never know-one missing item can stop your production. For want of a nail, a battle can be lost...

Author: /time Magazine | Title: Business: The Strike's Effects | 7/27/1959 | See Source »

...duration of the temporary agreement was "a matter neither of major importance nor of principle" to Russia, and if the German talks failed, Moscow contemplated renewed Big Four talks, not unilateral action. This modification, made since the last session at Geneva, was one thing the West hoped to nail down. The Reds further demanded that the West cut down its 11,000 troops in West Berlin to "symbolic levels," while the West riposted with an offer to consider only "symbolic cuts," a quite different idea...

Author: /time Magazine | Title: GENEVA: Holiday's End | 7/20/1959 | See Source »

...years, no one gets Horatio's number (his full name, by no coincidence, is Horatio Alger), and he prowls Manhattan a free man, without diploma, social security, draft or credit card, without compensation for employment or unemployment, without driver's license or vaccination certificate. The authorities finally nail Horatio-his unnumbered presence appears as a sort of vacuum in the city's graph of relief funds-but during his period of free fall he acquires, like Candide, an extensive and liberal education...

Author: /time Magazine | Title: Books: Fertile Void | 6/1/1959 | See Source »

...Boston University freshman named John Thomas, who last month propelled himself 7 ft. 1¾ in. into space. Unofficially, it is held by the members of the Bolshoi Ballet, who last week bounded about the stage of Manhattan's Metropolitan Opera House like a herd of nail-tailed wallabies. In the second week of their eight-week U.S. visit, the Russian dancers proved that they can leap higher, farther and more daringly than anything north of Australia. More important, in some dazzling performances of Swan Lake, they gave Manhattan audiences their first look at the Soviet classical ballet linked...

Author: /time Magazine | Title: Music: The Bolshoi's Bounce | 5/4/1959 | See Source »

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