Word: refundability
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...Office TNT Scriptwriter Stanley Shapiro and Director Blake Edwards (This Happy Feeling), two of the most promising young masters of movie comedy, have applied the formula with such style that the studio has been able to guarantee the customers exactly 287 (count 'em) laughs without fear of refund. And while the public rolls in the aisles, the professionals should take careful notice. Furlough is a definitive encyclopedia of comic cliche...
GENERAL MOTORS CORP. will refund $4,908,000 to the Government for what U.S. called "overstated" expenses on F-84F jet contracts between 1952 and 1955, raising the total refund to $9,908,000, including penalty. G.M. Chairman Frederic G. Donner called the profit controversy "a misunderstanding...
These days, when getting a well-written letter in the mail is as rare as getting a refund from the tax collector, many readers will be happy to agree with Belloc's own estimate of himself. A self-described mixture of "Poverty, Papistry and Pugnacity," Belloc (who died in 1953) had a solemn high literary funeral last year in an authorized biography (TIME, April 22, 1957). Biographer Speaight found leftover material too good to forget, notably a big bundle of crotchety letters-which are a long way from the sort of garrulous guff women still write to each other...
...points. In a 5-3 decision, the U.S. Supreme Court reversed the year-old "Memphis case'' ruling of a lower court, thus allowing gas companies to return to their longtime practice of raising rates while waiting for the Federal Power Commission to approve them-subject to refund if the request is turned down. The Memphis case, which was won by the city of Memphis against the United Gas Pipeline Co., was opposed by the FPC as well as the gas industry. It required companies to get customer approval to collect higher rates while the FPC was investigating...
...companies are able to go ahead with their expansion, which has made gas the fastest-growing fuel. They are also relieved of the possibility that they might have to refund $225 million in already collected rate hikes, even though the FPC might later approve them...