Word: nationalizing
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Dates: during 1950-1959
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...marriage or the draft. Not all educators are happy about it. Some feel that schools are beginning to compete for the honor of producing winners, that teachers are teaching for the tests. This controversy is likely to grow, an ironic contrast to recent (cries that not enough of the nation's promising students" are getting to college...
...most famous head of hair in the nation last week belonged neither to Senator John Kennedy nor to Pianist Artur Rubinstein, but to a 25-year-old television actor named Edward Byrnes, who in three short weeks has become the hottest new property on records. The source of Byrnes's top-of-the-head fame is a peculiarly wolfish ditty called Kookie, Kookie (Warner Bros.) in which Byrnes sings scarcely a note. His contribution is a series of jive lingo replies to a marshmallow-voiced girl who implores him over and over again: "Kookie, Kookie, lend me your comb...
Some of the hardest-working performers in show business are to be found neither in Hollywood nor on TV screens but on the creamed-chicken circuit. The nation's 22,000 women's clubs spend about $10 million a year in fees for top-name lecturers, traveloguers and other platform Poloniuses. After the cream of the chicken is ladled out, along come the hundreds of lesser performers who cannot get bookings through the major agencies. For them, job opportunities are offered on Thursday mornings in an ancient littb hall at Chicago's Art Institute. There the presidents...
Spring Tonic. Raises for steelworkers, argued McDonald's committee, would cure all that ails the economy. "Increases in wages must be established in order that purchasing power be expanded for the benefit of the entire nation," said the committee. "Short of government action, such a program offers the only hope of eliminating unemployment and stimulating greater production. There is not the slightest doubt that the industry can afford substantially higher wages and benefits and still remain highly profitable without increasing prices." McDonald announced that his workers expect "a good share" of the industry's "fabulous" profits (see below...
...Thus, every recent wage hike kicked off a steel price boost (see chart). Adams and fellow executives contended that profits are still "inadequate" to support a wage hike. Even at last year's relatively high levels, steel's profits-to-assets ratio ranked 27th among the nation's 41 key industries. The "obvious" solution to wage-push inflation, said Steelman Adams, is to restrict "the growing labor monopoly power, even as other monopoly powers, which have threatened our welfare, have been restricted." Snapped an aroused Dave McDonald: "Baloney...