Word: sharpers
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...Answer Is No. Sherman Adams' voice changed again. A sharper emphasis flattened the odd musical, soothing quality, and his chin edged forward a fraction. "Did Bernard Goldfine benefit in any way in his relations with any branch of the Federal Government because he was a friend of Sherman Adams? Did Sherman Adams seek to secure any favor or benefits for Bernard Goldfine because of his friendship? The answer to both questions is no . . . I have never permitted any personal relationship to affect in any way any actions of mine in matters relating to the conduct of my office...
...large role. Said G.M.'s "Red" Curtice: "The automobile industry did not cause this recession. It is a victim of it. The recession began six months before it got to us. It is historically the case that a small decline in gross national product produces a much sharper decline in automobile sales. This is true because the automobile is a postponable purchase. The modern car is built not for one but for two, three and four buyers. Most of the cars on the road have a large reserve of unused mileage. People are using up that reserve instead...
...Nathan from his aisle seat. If that departure came (as it did all too often) at the end of the second act, financial disaster loomed ahead. For his abrasive wit in demolishing flimflam and fraud, his impish pride in prejudice, and not least for his ability to hone a sharper line than most of the playwrights he panned, slight (5 ft. 7 in., 130 1bs.), white-thatched First Nighter Nathan was one of Broadway's most feared and lonely figures. In a rain of newspaper columns, magazine articles and books, he aimed his dyspeptic darts at every sobersided target...
...Chemicals and paper companies continued to feel the pinch. For Union Carbide, second biggest U.S. chemical maker (first: Du Pont), the first-quarter net tumbled to 70? a share v. $1.18 a year ago. International Paper Co. sales slipped 10% for the quarter, and earnings will show a sharper drop. In appliances. Whirlpool's per-share earnings were almost halved to 25? a share. Admiral Corp.'s earnings also dipped, and Philco "will undoubtedly show a loss" for the first quarter...
...clamor of Texas independent oilmen for sharper cutbacks in oil imports was answered last week by a realistic voice, speaking, of all places, from Texas. The speaker: Houston's Will L. Clayton, one of Texas' elder statesmen, a founder of the giant Anderson. Clayton & Co., cotton firm, a onetime Under Secretary of State and Assistant Secretary of Commerce. Clayton's message to his fellow Texans who expect the Government to cut imports more: stop trying to promote the "special interest of certain oil producers against the national interest...