Word: switzerland
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Dates: during 1950-1959
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...RADUNZ Versoix, Switzerland Sir: . . . Adlai Stevenson...
...makes no secret of the fact that it does business with a cartel. Like other U.S. watchmakers who import Swiss movements, it has to; the Swiss passed a law in 1951 cartelizing their entire watch industry. Since 86% of all jewel movements sold in this country come from Switzerland (about 70% of Bulova's do), virtually every U.S. maker deals with the cartel. In doing so, the industry knuckles under to a tightly closed shop. The Swiss dictate how much watches are to be sold for, where they may be sold, and how many a manufacturer may have. Furthermore...
...award is in the form of a medal and is for "signal achievement," referring to Miss Albright's triumph at the World Figure Skating Championships in Switzerland last winter...
TOURISTS will find another reminder of home when they go abroad next summer. Chicago's Hertz Rent-A-Car System, which has three offices abroad, plans to open up seven more in Ireland, Scotland, France, Switzerland, Italy and Germany...
Died. Sir Benegal Narsing Rau. 66, World Court justice, ex-delegate for India at the U.N., brother of onetime Indian Ambassador to the U.S. Sir Benegal Rama Rau; of intestinal cancer; in Zurich, Switzerland...