Word: system
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Dates: during 1950-1959
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...trip to seven European countries in the course of which he interviewed 96 top government officials, economists and businessmen. His report, bolstered by additional material from TIME'S European and U.S. bureaus, brought into focus a new American-type capitalism that around the world is replacing the old system of cartels and feudal wealth. The Tokyo bureau added the story of Japan's striking progress, while the Hong Kong bureau analyzed the trials, tribulations and triumphs of Southeast Asia. As other reports poured in from Latin America, Africa, the Middle East, and TIME'S domestic bureaus, they...
...resume nuclear-weapons tests (banned by the Administration in October 1958, with the ban probably to be extended beyond the Dec. 31 deadline). The U.S. should continue tests, says Rockefeller, until it works out a test-ban agreement with the Soviet Union that carries a dependable detection system...
Unhappily, the system sounds better than it smells. To begin with, most of the production's 31 odors will probably seem phony, even to the average uneducated nose. A beautiful old pine grove in Peking, for instance, smells rather like a subway rest room on disinfectant day. Besides, the odors are strong enough to give a bloodhound a headache. What is more, the smells are not always removed as rapidly as the scene requires: at one point the audience distinctly smells grass in the middle of the Gobi Desert...
FIRST ALUMINUM freight cars started service for the Southern Railway System. The cars are lighter, cheaper to operate; Southern has ordered 1,205 for some $24 million...
...Army - and he still produces results." Clay got most of his results by applying military-organization methods to the vast complexities of Continental Can. He decentralized Continental's muscle-bound operations, gave wide responsibilities to men in the field. He mapped out staff duties clearly, set up a system of written reports and regular executive meetings (with prepared agenda to save time). Shortly after he took over, he decided that packaging was undergoing a major shift from cans to other materials, acquired more than a dozen firms in glass, plastic and paper products to protect Continental's flank...