Word: sharing
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Dates: during 1940-1949
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...Secretary Louis Johnson's big budget-pruning shears were clipping the U.S. Navy where it hurt-in the wings. Aiming at a cut of nearly $1 billion in the current budgets of the three armed services, Johnson had ordered the Navy to lop off $353 million as its share and let the admirals decide where to do the trimming. Last week the Navy was obediently dismantling 21% of its air arm to meet the new ceiling. Twenty-eight Navy and seven Marine combat squadrons were being withdrawn from service; operations were being reduced at six air bases...
Russia, for instance, had agreed to let Austria stockpile vital materials (steel, chemicals), which the West considered necessary for Austria's recovery; the West had agreed to let Russia have a large share in Austria's oil production and prospecting rights. Some questions remained to be settled: e.g., whether Austria should be allowed to hire foreign technicians to help reconstruct her economy...
...more than Veeck and his partners had paid for the club. Said Bill Veeck, when asked what major-league city he was planning to invade next: "I'm not even worrying now about getting back into the baseball business." But nobody thought that Bill Veeck, even with his share of the capital gains, could stay away very long...
Like many U.S. companies with subsidiaries overseas, Ford Motor Co. has had more than its share of headaches from its foreign holdings, less than its share of profits. A complicated corporate setup has not helped. Much of the stock of eleven European and Middle Eastern Ford companies is owned by the Ford Investment Co., Ltd. of Guernsey, in the Channel Islands, a company which in turn is owned by Ford Motor Co., Ltd. of Britain, in which the U.S. company has a 59% interest...
...discussing the program with the Social Democrats, he seriously weakened the prestige of parliamentary procedure and the validity of the contract. In protest, Opposition-leader Schumacher called Adenauer "Chancellor of the Allies," and was suspended from the House. Fortunately his party did not follow him, though its members share his belief that Adenauer has lost his independence and is dominated by ultra-conservative industrialist. They accuse him of accepting commercial and financial agreements with France in place of a genuine understanding between the two peoples...