Word: one-year
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...TOUGH POLICY of ICC is starting to trip up accident-prone trucking lines. After threatening to ban six other truckers (TIME, Sept. 16), commission ordered one-year probation for Kansas City's big Riss & Co., whose 500-plus interstate trucks from 1951 to 1953 "were involved in 1,200 accidents resulting in shocking total of 51 deaths and 501 injuries." ICC's ultimatum: Riss must drastically improve safety record or be barred from highways...
...situation will be worse and might catch up with the farmers, who form more than 80% of the electorate, and the core of Menderes' strength. Before dissolving itself for the elections, the one-house Grand National Assembly, which is dominated by Menderes' Democratic Party, rushed through appropriations for new highways and schools and even repairs on mosques in farm villages. It declared a one-year moratorium on $345 million in farmers' debts to the government. This was familiar pork-barrel politics. But in his determination to win the October election, Menderes added another touch. His supporters rammed...
...next March, he has shown little hurry to sell, has so far disposed of only two coal mines. If sales on "reasonable terms" cannot be made in time (and no German firm would interfere in Krupp's personal problem by bidding on the properties), regulations permit Krupp one-year extensions. Alfried Krupp would rather not take advantage of this temporary escape clause; instead, he is hoping that the Allies will annul the sales agreement and leave Krupp with all its empire. For three years, General Manager Beitz, who chafes at Alfried's moderate approach, has been badgering Bonn...
...homework on the new foreign-aid program. On the committee's first go-round, he instinctively voted against a sharp departure from Congress' customary practice of year-to-year authorizations for foreign aid. But Hays felt uneasy about his vote. On his weekend, he read up on the advantages of a long-range fund: e.g., a three-year authorization, in place of the usual one-year program, would be more efficient, less expensive and would encourage underdeveloped countries to undertake sound, well-planned projects...
...McDowell, a longtime Hoiles-man (and onetime printer), dropped the paper's staff-written business column, trimmed admen's commissions. Hoiles had agreed to honor the News's American Newspaper Guild contract with editorial and business office staffers, but employees had no hope of renewing the one-year contract,when it expired last February. Many longtime staffers quit and were replaced by nonunion newsmen from other Hoiles papers. In May, when contract negotiations broke down, the Guild called a strike. Circulation dropped steadily (from 35,107 to an estimated 22,000), advertising dwindled despite rate cuts...