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...million-ton capacity of the U.S. steel industry enough for an expanding economy? In the debate on this question, steel industry spokesmen, while conceding that there are now shortages in supply, maintain that their capacity is sufficient for the long pull. Assorted critics, ranging from Government economists to ideological warriors, insist that unless 10 to 20 million additional tons of capacity are built, depression may result...

Author: /time Magazine | Title: The Big Debate | 8/18/1947 | See Source »

Russia made the headlines again last night, as she (1) signed a trade agreement with Hungary, (2) called the United States plan for settling Balkan border disorders "unacceptable," and (3) was characterized by Commerce Department spokesmen as cutting herself and her satellite nations behind the "iron curtain" off from U.S. steel supplies...

Author: NO WRITER ATTRIBUTED | Title: Dutch, French Disagree on Issue of Germany's Economic Recovery; Truman Poised with Tax Cut Veto | 7/18/1947 | See Source »

Hailstones. The scientists, for the most part, kept mum. Some fumbled around with the idea of solar reflections, meteor crystals, ice crystals, hailstones. No astronomer had seen anything unusual. No weather plane or radar screen had picked up any astral bodies. Air Forces spokesmen denied that they had experimental planes resembling the saucers seen in the Northwest or anywhere else...

Author: /time Magazine | Title: THE PEOPLE: The Somethings | 7/14/1947 | See Source »

...Harry Truman signed the Taft-Hartley labor bill, which Congress had overwhelmingly approved, organized labor would never forgive him. At least that was what labor's spokesmen were telling him. On the other hand, if the President vetoed the bill, he would bear the brunt of public resentment over any new strike crisis. One crisis built up this week when U.S. shipping was threatened with immobilization by a strike of five C.I.O. maritime unions. Another crisis was ahead: John Lewis made deep rumblings. A strike threatened in the soft coal mines, when they go back to private operation...

Author: /time Magazine | Title: National Affairs: Barrel No. 2 | 6/23/1947 | See Source »

India's loquacious, figure-fumbling Asaf Ali had the greatest number of questions to ask Zionist and Arab spokesmen. He turned to Henri Cattan, and asked (as if he knew): "Do you realize that in the Dead Sea there are $3,000,000,000,000 worth of minerals?" Cracked the committee chairman, Canada's witty, brisk Lester Pearson: "Gentlemen, I think our work is over. . . . We have found [indicating Asaf Ali] our special committee of inquiry...

Author: /time Magazine | Title: UNITED NATIONS: On the Record | 5/19/1947 | See Source »

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