Word: pact
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...free its oil from the entanglement of Arab politics and the dangers of a blockaded Suez Canal, Iran last week signed an agreement with its Baghdad Pact partner, Turkey, for a $500 million oil pipeline. Presumably, oil from the rich new northern field of Qum will be piped over the mountains to a Mediterranean port in southern Turkey. Estimated savings in oil transport costs...
...music still has a lilting, lace-curtain charm, but it is well for Statesman Dawes that he never lived to see himself become a jukebox hit. The man who helped negotiate the Kellogg Pact might have trouble digging Crooner Tommy Edwards' adenoidal message...
Peace finally came to the auto industry last week. Less than twelve hours after 300,000 General Motors production men walked out, G.M. signed a three-year contract with the United Auto Workers. As expected, it was about the same as the pact between the U.A.W. and Ford (TIME, Sept. 29), a package of about 28? per hour in wage increases and fringe benefits. But there were some important differences. The U.A.W. won G.M.'s pledge to narrow differentials in wages between workers doing the same job in different G.M. plants, which, the U.A.W. says, now range...
...American Smelting & Refining Co., the world's largest smelter and refiner of lead, zinc and copper: "Such agreements, in the short run, would restore order to the market. But, for the long run, metals restrictions are useless. They usually protect the weakest, least efficient party to the pact...
Iran's personable Shah publicly proclaimed last week that formation of an "Aryan Confederation"*composed of Iran, Pakistan and Afghanistan is "under careful study." Comparing the proposed confederation to the anti-Soviet Baghdad Pact, the Shah declared: "I am proud that for the first time Persian-speaking nations are forming such a unity-which is aimed at defending their territories against aggression." Since there are only two big powers left in the world, he added, Iran had to join one or the other out of self-defense. Iran's clear choice...