Word: proposall
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Dates: during 1950-1959
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Scholarship students will not be penalized if the Masters' proposal is put into effect. "Although most scholarship holders would be paying more for their rooms, some form of financial aid would be provided to compensate," Perkins pointed out.
White denied that a specific merger proposal was considered at the meeting, but other railroad men admitted that such a move would be "logical." Said John Barriger, president of the Pittsburgh & Lake Erie Railroad, who drew up the operational report for the Central and Pennsy: "It would be perfectly natural...
The railroads already have a head start along the merger path. The Erie, the Delaware & Hudson and the Delaware, Lackawanna & Western have been conducting merger studies among themselves since 1956, and the Lackawanna and the Erie got permission from the ICC in July to coordinate some facilities and operations in...
The companies' chief argument was that a merger would actually increase competition. By combining Youngstown's Midwestern plants with Bethlehem's strength on the coasts, the companies said, they could better compete with U.S. Steel, which has about a third of the market. In its merger proposal...
To resolve the quandary, Under Secretary of the Treasury Fred C. Scribner Jr. suggested 1) a tax on total life insurance income, 2) a stiffer tax on investment income only, 3) a compromise taxing part of investment income and part of underwriting income. The subcommittee is readying a bill, based...