Word: pres
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...coming, and the companies are allowing them to charge it off against time lost by the strike. With overtime, the strikers will probably be able to make up the rest of their wage loss. On the other hand, the steelmakers will probably raise prices, adding somewhat to the inflationary pres sures on the economy. But the price rise is not expected to have a marked effect on the cost of living. Reason: many manufacturers of consumers' goods, oper ating in a highly competitive market, will have to absorb the price increases...
...example, both McDonnell's Navy F3H fighter and Air Force F101 were held up from four to ten months because McDonnell lacked funds for computers and wind tunnels, had to wait in line to use the Government's. Said McDonnell's Executive Vice Pres ident Robert H. Charles: "If we had more money for development facilities, we could save millions...
...Christian Democrats. Instead they organized a revolt in the provincial legislature of North Rhine-Westphalia, which contains the rich Ruhr. Free Democrats made a deal with the opposition Social Democrats, with whom they otherwise had nothing in common, to overthrow able Christian Democrat Karl Arnold, the Minister Pres ident (governor) of North Rhine-Westphalia. They had nothing but admiration for Arnold and said so; they were simply out to get at Konrad Adenauer in Bonn. By a vote of 102-96, they succeeded and elected a Socialist the new Minis ter President...
...Human Concerns." At home the Pres ident underlined his own concept of himself as a conservative in fiscal matters, a liberal in human affairs. "I expect the budget to be in balance during the fiscal year ending June 30, 1956," he said. "I shall propose a balanced budget for the next fiscal year ending June 30, 1957 ... I earnestly believe that a tax cut can be deemed justifiable only when it will not unbalance the budget, a budget which makes provision for some reduction, even though modest, in our national debt...
...plan for the Eliot Drama Group was conceived with the warm approval of last year's acting master, Mr. Archibald MacLeish. The production this year has been greatly assisted by the master, Mr. John Finley. Donald Tashjian '55, Pres., Eliot Drama Group