Word: planned
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Dates: during 1950-1959
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...estimated 1959 spending: $5.5 billion) in one way or another. The President backs Treasury Secretary Robert Anderson's concept that the U.S. ought to join with prospering Western allies to create a pool of foreign-aid capital clearly identified with free nations. He has approved Anderson's plan for a new International Development Association (IDA), capitalized with a joint $1 billion, which will get its first public airing week after next, when the governors of the World Bank meet in Washington...
Massachusetts' Kennedy gambled his presidential hopes on being able to push through a labor reform bill to satisfy public outrage over Teamster scandals-without bringing down an A.F.L.-C.I.O. veto of his nomination at the convention. His bold plan put him into the center of the year's toughest scrap, bloodied him up a bit. His troubles started when the Senate toughened his original Kennedy Bill, got grim when the President pushed the far tougher Landrum-Griffin bill through the House. As chairman of the Senate-House conference to resolve the differences between the two measures, he fought...
Mitchell wants the Labor Department to deny U.S. agricultural labor recruitment services to farm employers who do not pay migrants the prevailing local wage rates, do not provide adequate housing or safe transport facilities. In two days of public hearings in Washington last week, farm employment groups battered his plan (earlier 29 farm-state Congressmen, mostly Southern Democrats, had branded the proposal "illegal, immoral and impracticall"). Alone among farm organizations, the National Farmers' Union came to Mitchell's aid, and the Very Rev. Msgr. George G. Higgins, of the"National Catholic Welfare Conference, praised Mitchell for "the greatest...
...swift spread of stock ownership is even more striking on the Continent. In West Germany, the Adenauer government is plowing ahead with its plan to "reprivatize" a $1 billion industrial empire inherited from the Nazis. Last spring the government sold the giant Preussag mining combine to 216,000 new German stockholders limited to annual incomes of $3,800 or less. In one sweep of a pen, the total number of German stockholders was increased by a third, to around 800,000. Determined to have a competitive private-enterprise economy, the government is now planning to sell off the great Volkswagen...
...that when the present three-year agreement expires on Oct. 31, they expect wage increases of11? (earlier the five operating unions demanded increases of 12-14%). But management showed that it is ready to stand as firm and united as the steelmakers against such demands. Under a group insurance plan, any railroad struck will have financial aid for as long as a year...