Word: swap
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Dates: during 1950-1959
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This week, Robert Frost will head west for Kenyon College, in Gambier, Ohio, where poets, scholars and editors will gather to do him honor. They will swap ideas, discuss "The Poet and Reality," see a production of A Masque of Mercy, and pay their respects to their old friend...
Green Light? The deal-to be accomplished by a stock swap on the basis of book value-was by no means clinched. It depended on 1) approval by CAB of a pending Delta application for a route into New York from Atlanta (through Columbia, S.C.), which would connect up with the Northeast system, and 2) CAB approval of the merger itself. If approved, the merged lines would provide through service from Montreal and New England clear down to Miami, in direct competition with Rickenbacker's north-south business...
...change came as a swap: down to Randy's old job stepped a veteran newsman, Edmond D. Coblentz, 67, able publisher of the Call-Bulletin for the last ten years, who wanted to take things easier. For "Cobbie," who likes to sport a cane and carnation, it was the first letup in 50 years of hustling for Hearst as reporter and editor. Cobbie himself announced the change at a San Francisco banquet for 400, including Governor Earl Warren, Louis B. Mayer, Sam Goldwyn and assorted top Hearst brass, and was given a memento of his San Francisco days...
...meaningful and satisfying" by making clear the importance of an individual's contribution to the total output, and by drawing on his ideas for improving output. Unions should relax their seniority rules, which have hampered "management's right to recognize ability and efficiency in making promotions." and swap their featherbedding requirements, where they exist, for higher wages...
...problem. Equitable will buy cars from Pullman and other manufacturers (in payments spread over five years), and lease them to railroads on 15-year contracts. Gossip among railroad men was that the rent will be less than the $1.75 a day which roads now charge when they swap each other's equipment. When the contracts expire, the roads may return the cars to Equitable, or rent them for another ten years at 20? a day. "We think," said Carry, "that the railroads will see that it will cost less to rent modern cars than to repair and maintain aged...