Word: standardized
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Dates: during 1950-1959
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Instead of protesting the results of Harvard's educational expansion as many Cambridge politicians do as erroneously stated in the October 22nd edition of the Harvard CRIMSON, I am heartily in sympathy with, and congratulate President Pusey's and Harvard authorities' magnificent plans to replace many sub-standard houses with adequate modern dormitories for their students...
...roofline, pushbutton transmission and a slight horsepower boost to 215 h.p. in the V-8 model. In the low-medium price bracket. American will produce a third, 117-in. -wheelbase Rambler Ambassador to replace its defunct Nash and Hudson, will give it racier lines than last year's standard Rambler, and a bigger, 270-h.p. V-8 engine. List prices...
...million bbl. more than during the same period last year. Oilmen everywhere cut back exploration for new wells, and prices slumped sharply. With more oil than it can sell, Ohio Oil Co. shaved its bids for new supplies of Wyoming heavy crude by 8? per bbl. and Indiana Standard cut its price to Arkansas producers by 10? per bbl. At consumer levels a rash of price wars from New Orleans to New Jersey cut service station prices as low as 14.9? per gal. before taxes...
...medicine it has been pressuring the industry to swallow for months. Instead of cutting domestic production, it will insist that major oil companies chop back their imports of cheaper foreign oil under a "voluntary" 10% reduction program (TIME, Sept. 30). Having already rejected appeals by three companies (Tidewater, Indiana Standard Oil, Ohio Standard) for sizable boosts in their import quotas. Navy Captain Matthew V. Carson Jr., administrator of the program, also turned down Eastern States Petroleum Co. and Sinclair Oil Co., even though Sinclair argues that it will mean costly cutbacks in its ambitious plans to sell Venezuelan crude...
...only Sinclair and Indiana Standard have publicly conceded that the ruling leaves the major companies little choice but to go along. Yet the importers know that if they refuse the voluntary cutbacks, they face mandatory controls by the Government, may even come up against legislation in Congress to reduce imports. Though only ten of the 22 curbed importers say that they can meet their quotas by January, their imports are slowly inching down, will average 849,300 bbl. daily by December, not too far from the Government's goal of 755,700 bbl. daily for the year ending next...