Word: standing
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Dates: during 1950-1959
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...balk, the House voted to take off the 3.26% ceiling on savings-bond interest rates. But Congress' failure to lift the interest ceilings on other long-range U.S. Treasury bonds, the White House hinted, might call for a special session this fall. The President's surprisingly successful stand on legislative matters has thoroughly rocked Democratic leaders accustomed to using their huge majorities for give-a-little-take-a-lot compromises with the White House...
...agree. To cheer up his downcast aides, he cracked: "I am more afraid of Tokyo taxicabs than of the Communists." But his seven battalions, numbering more than 4,000 men, were dispersed in the surrounding countryside, and he apparently had no intention of making a do-or-die stand in the city. "No barbed wire, no trenches," he said. "With those you lock yourself in. We will retreat if attacked and then attack the enemy from the rear. This is not a war of fronts -we must be flexible." Then, all optimism gone from his voice, he added, "They will...
Nevertheless, only a small step was taken toward a settlement. Management agreed to refer work practices and other local issues (TIME, Aug. 24) to labor-management subcommittees in the twelve major struck companies, thus agreeing with the union's stand that these are local problems that should be handled on the local level. "The strike has now reached a critical stage," said Labor Secretary James Mitchell, "and the next few days will determine whether we get a reasonable settlement or whether the strike will be further drawn...
...first blow, eleven nonoperating rail unions served notice on the nation's railroads that when the present three-year agreement expires on Oct. 31, they expect wage increases of11? (earlier the five operating unions demanded increases of 12-14%). But management showed that it is ready to stand as firm and united as the steelmakers against such demands. Under a group insurance plan, any railroad struck will have financial aid for as long as a year...
Miss America Pageant (CBS, 10-12 p.m.). For all those who can stand it once more, the bathing beauties will go through the fiction that they also have other massive talents. Cliff ("Charlie Weaver") Arquette as Grand Marshal may make it all worthwhile...