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...Sugar Plum. Commodity men had another solution for high prices. Instead of throttling the futures markets, they said, the Government could keep prices down simply by dumping on the market some of its $2.5 billion load of surplus farm products. Said Chicago Board of Trade Executive Vice President J. 0. McClintock: "Since there is really no scarcity, with the government holding all these goods . . . selling surplus is possibly the best way to stave off inflation...

Author: /time Magazine | Title: COMMODITIES: Speculator! | 8/14/1950 | See Source »

Though the Havana mayoralty was the election's juiciest plum, and therefore a sharp setback for the Prío brothers' machine, their Auténtico party cleaned up in the provinces. They won a majority of 66 congressional seats, elected more than 100 of the island's 126 new mayors...

Author: /time Magazine | Title: CUBA: The Bathtub Election | 6/12/1950 | See Source »

...until it came to the pesky issue of pensions did negotiations begin to hot up. But G.M.'s Wilson had shrewdly prepared for that moment. G.M.'s negotiators tossed in a sugar plum: the offer of an automatic increase of 4? an hour each year for the next five years. The cost-of-living clause (which now gives U.A.W. workers an extra 3? an hour) will be continued, but will not drop below the new basic wage...

Author: /time Magazine | Title: LABOR: Peace Is Profitable | 6/5/1950 | See Source »

Meanwhile, the A.M.A. Journal took a roundhouse swing at the huckster tactics ("Kills Colds in Hours!", "Safe Even for Children") now being used to peddle anti-histaminic "cold cures." Sales of the drugs in 1950 may reach $100 million, it is estimated-"a plum for those who want to pluck it... The possibilities for exploitation seem almost unlimited. Drivel such as some of the [advertising] pleas for over-the-counter anti-histaminics should not be thrust on the American public. There is a limit to what the public should be asked to swallow...

Author: /time Magazine | Title: Medicine: Unproved Plum | 3/6/1950 | See Source »

...major setback in Citation's comeback campaign. As every railbird knew, there was no percentage in punishing a good horse to win $2,900 (winner's share of La Sorpresa) when there was a $100,000 plum in the offing. If Citation's tune-up had been a shade off pitch, he nevertheless remained the heavy favorite to run off with the $100.000 Santa Anita Handicap later this month. What did furrow some trackwise foreheads was how Miche had managed the surprise-even granted that he was an established stakes-class horse and Glisson had given...

Author: /time Magazine | Title: Sport: Something to Explain | 2/6/1950 | See Source »

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