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General Motors is the most startling example. Along with other automakers, it complained against auto prices being controlled on the basis of 1950 costs and production rate, arguing that even a slight cutback in auto output (plus the hike in taxes) would bring a much sharper cut in earnings. G.M. was right. Though total sales were actually up slightly over 1950 (to $3.9 billion), G.M.'s net fell 42% to $280 million, its margin of profit from 11% to 7%. The drop, explained Chairman Alfred Sloan, showed the effect of lower passenger car sales, higher taxes...

Author: /time Magazine | Title: EARNINGS: The Shock of Rearmament | 8/6/1951 | See Source »

...Warsaw, the greatest among the Kremlin's servants came out of the shadows-Zhukov, victor at Stalingrad, and Rokossovsky, conqueror, still master of Poland. Beside them stood Molotov, with a sharper threat than the Kremlin has yet voiced. He told the puppets from Russia's satellites that Tito could not be permitted to last long. When and by what means the U.S.S.R. would act was not disclosed in a memorable week of midsummer...

Author: /time Magazine | Title: THE NATION: One Week | 7/30/1951 | See Source »

...final session closed in the Lamont Forum Room yesterday afternoon, the quarrels which separate various schools were etched in sharper relief than any efforts to arrive at unity and understanding in defense of a free society...

Author: By Robert Marsh, | Title: Philosophical Sessions Reach No Agreements | 7/19/1951 | See Source »

...Government payroll, which has grown at the rate of 1,448 civilians a day since the start of the Korean war. Ferguson offered an amendment cutting FSA-Labor payrolls a flat 10%, warned that he would try to make the same cut in all Government departments. The debate became sharper. New York's Herbert Lehman, a man who is always pleading to save something, pleaded to spare the payrolls of such public health activities as heart disease and cancer research. West Virginia's Matthew Neely gibed that Douglas was "not only a great debater but, on Mondays, Wednesdays...

Author: /time Magazine | Title: THE CONGRESS: Snares & Conspiracies | 6/25/1951 | See Source »

Playwrights Bevan & Trzcinski, who met during their years in a German prison camp, provide a few glimpses of Nazi brutality. But in general they display sharper memories for what goes over on the stage than what went on in their stalag. Producer Ferrer, in his boisterous staging, equally neglects mind and heart for spine and funnybone...

Author: /time Magazine | Title: The Theater: New Play in Manhattan, may 21, 1951 | 5/21/1951 | See Source »

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