Word: one-year
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...stopping tests right away and "forever" and U.S.-British insistence that a foul-proof inspection system must precede any long-term agreement to halt tests. To help the conference's slender chances of success, the U.S. and Britain had, as of Oct. 31, halted nuclear tests for a one-year trial period on condition that the Soviet Union do the same...
Brobdingnagian Cartridge. Conceived in 1955 as a backstop to the Atlas ICBM, which is a surface or "soft-base" missile, the Titan program began with a one-year handicap, has since lost ground as the lion's share of money, engineers and steam poured into Atlas. But Titan shows signs of becoming a system with superior potential range, invincibility and kill...
...tighten credit. Bond buyers saw the promise of higher interest ahead and dumped their holdings. The speculative bubble burst. As prices fell, the yields reached as high as 3! on Government bonds. The Government bond market turned so weak that when the Treasury floated a $16.3 billion issue of one-year certificates, the FRB had to support the market by buying $1.2 billion of it, thus adding to the credit supply. Then it tried to tighten credit by sopping up the extra funds and permitting its banks to boost their discount rates. For the debacle in bonds, whether brought...
Seven days after President Eisenhower proposed a one-year suspension of U.S. nuclear-weapons tests, Nikita Khrushchev accepted the U.S. terms: high-level political talks, beginning Oct. 31, on a foolproof world network of listening posts to detect any nuclear explosions...
...dearly for the five-year contract that it happily signed with the International Union of Electrical Workers in 1955's boom year, now wants no more long-term pacts. Union Carbide also signed its first long-term contracts in 1955-for three years-and once was enough. Labor costs have jumped most in precisely the areas where profits declined most. Last April, Union Carbide's contracts compelled it to hike wages 14? an hour in plants where 40% to 50% of the workers were laid off. In the future, Carbide will aim for one-year wage pacts...