Word: seven-man
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Possessed by Duty. Major Philip Baldwin is a rear-echelon engineer officer with a fever for field duty. He volunteers to command a seven-man demolition team whose main target is the twisting mountain road along which all vehicles, including his own and the pursuing Japanese, must travel. The road is an undulating mass of Chinese refugees moving in grim lockstep with fear, famine and misery. In their eyes, the Americans are the dei ex machina shielded from fatality by the jeep, the SCR-300 radio and the K-ration...
...Crimson will go into the Easterns with nine players who have been shooting 80 or under all season, with seven in the low seventies. The Easterns will be a seven-man tourney this year, allowing the team to take advantage of its depth...
KRESS FOUNDATION will exercise control of S. H. Kress & Co. variety-store chain. Four members of Kress's seven-man board were replaced with four foundation men. Company Chairman Rush H. Kress acceded to demands of foundation, which owns 42% of Kress common, after it threatened proxy war (TIME...
What the rebels want is to seat four new men on the company's seven-man board, and to put through a management survey of Kress to see how the chain can be made aggressive again. R. H. Kress opposed the management survey, charged that the revolt was a maneuver by competing F. W. Woolworth to take over Kress, since Foundation Trustee Helm is also a Woolworth director and had suggested a merger. This charge so piqued Helm that he resigned from the foundation...
...seven-man Federal Reserve Board went a request for help last week from the Federal Reserve Bank of Philadelphia. Philadelphia's President Alfred H. Williams argued that a tonic was in order for the nation's recession. Could Philadelphia cut the discount rate it charged member banks for loans? The FRB promptly approved a ¼% cut (down to 2¾%), the second in two months. In quick succession, six Federal Reserve banks across the U.S. dropped their rates, and the remaining five were expected to follow soon. Said a top FRB money manager: "Look at the news ticker...