Word: renewably
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...renew production, however, Brattle must have $20,000 to pay old debts and fill the gaps in personnel. While contributors have pledged $10,000 the Brattle Corporation may have to sell the theatre if it does not get the other half, which can only come from outside subscriptions, within the next few weeks. To encourage larger contributions, Brattle has followed the Symphony's example, reorganizing itself into a non-profit corporation, so that gifts are tax-deductable. This money will go into a trust, and the Brattle will not touch it until there is $20,000 then, only to produce...
Other studios are almost certain to follow MGM's lead. Paramount, probably in the best shape of any major studio, is not planning to renew the contract of Producer-Director George (A Place in the Sun) Stevens, whose perfectionist methods were too costly, and has dropped its top box-office draw, Alan Ladd, whose price is too high. Explained one studio spokesman: "What you've got to do today is make pictures look like four million dollars-but cost under a million...
First, after holding martial law over their heads for five weeks, he had the Assembly renew his presidency for an indefinite term (in violation of the constitution which required that the Assembly elect a new President by June 23). Rhee invited some moderates among the opposition to a party at a hot springs resort near Pusan, to talk over ways & means of compromising their difficulties. After the party, 37 of them were driven to the Assembly hall and furnished a silent, glum quorum while the 60-man pro-Rhee minority voted unanimously for their boss...
Phil Murray called on the steel companies to renew the bargaining process, and big steel was willing to talk. Just where this would lead, no one knew. Originally, the union had asked for a union shop and for wage and fringe benefits which would eventually cost the company about 35? per man-hour (present average hourly wage: $1.83). The Wage Stabilization Board recommended 26.1?, plus the union shop; the union gleefully agreed. Steel company officials offered 17.6? (no union shop), said that they could not pay the proposed 26.1? increase unless the controlled price of steel was raised...
Stalin, however, could easily prolong the talks into November, and then renew the fighting in time to insure the election of his choice. The only way Stalin's game can be thwarted, of course, is if he gets no choice, and if the only foreign policy question bandied by November's candates is not "What should our policy be?" but "Who can run our present policy better...