Word: partialities
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Says Inland Steel Chairman Joseph Block: "Everything has some labor content in it." And the notion that depreciation write-offs are even a partial substitute for profits leaves many a businessman cold. Says Conrad Jamison, vice president of Los Angeles' Security First National Bank: "Sure, you can put depreciation money into securities or pay it out in dividends. But sooner or later, you're going to have to replace that worn-out machinery, and it's almost a certainty you will have to pay more for the replacement than you did for the original. When you treat...
...first step, and only as a first step, President Kennedy decided to impose a partial blockade, or quarantine, on Cuba, stopping all shipments of offensive weapons-ground-to-ground and air-to-ground missiles, warheads, missile-launching equipment, bombers and bombs. When Kennedy first made known this plan, there were some complaints that it was not enough. But Kennedy meant it only to give Khrushchev an opportunity to think things over; more precipitant action by the U.S., Kennedy felt, might cause Khrushchev to lurch wildly into nuclear war. The decision to start with the quarantine also gave the U.S. time...
...taken away from de Gaulle. He can no longer stand in his favorite pose of the implacable father, sternly watching his children go to the polls and cowing them into voting his way. The two set-backs must show de Gaulle not simply that the French people desire a partial return to the regular hurlu-burlu of Parliamentary politics, but that they want de Gaulle to show an interest in these processes, which he has, so far, in his career, held in contempt...
Bitter bickering over the proposed amnesty has been the parliament's main preoccupation for more than a year, while Turkey's economy teetered and riots erupted in the cities. Republican Premier Ismet Inonu, 78, wanted a partial amnesty. His coalition partners in the Justice Party, as political heirs of Menderes, demanded immediate and total amnesty. The army junta, which had overthrown Menderes was against letting anyone go. Wily Inonu finally won out by allowing his divided government to collapse and forming a new coalition with two small parties that agreed with him. Striding spryly up to the rostrum...
...Pennsylvania's heavily Catholic Allegheny County, partial shared time is not new. More than 5,000 parochial school students already take home economics and industrial arts in Pittsburgh city schools. But they do not report daily, go on their own. St. Thomas High's youngsters are uniquely integrated with Forbes Trail School. In approving the scheme, Allegheny County School Superintendent Alfred Beattie cased every possible legal trap. While riding on the bus, the youngsters are defined as public school students. To avoid problems, they even get on and off at public Braddock High School, walk the two blocks...