Word: threeyears
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...president in 1945, then as chief executive in 1957. Precise and analytical, he surprised many in the industry by proving to be a forceful chief. Sensing that shipbuilding was on the wane, the old sailor cut back Bethlehem's stake in ships, and late last year initiated a threeyear, $750 million improvement program concentrating in other areas. Rising behind the Indiana dunes near Chicago is a $275 million finishing plant that will give Bethlehem, which has long been the strongest supplier in the East, a major hold in the Midwest...
...Heisman Trophy as the best college football player in the U.S. President Kennedy personally congratulated him ("Imagine," said Ernie, "a President wanting to shake hands with me!"), and pro teams battled bitterly to outbid each other for his services. The Cleveland Browns won, and Davis signed a threeyear, $80,000 contract. "I love to play football," said Ernie, happily. "And I can't think of anything better than getting paid...
Last week, after three months of delicate negotiations in Warsaw, Poland at last dropped its tough demands, and the two sides signed their first long-term trade agreement, a threeyear, $650 million pact exchanging West German machinery and metals for Polish meat, fruit and dairy products. West Germany will send a permanent trade mission to Warsaw, its first permanent outpost in a Soviet satellite land. Bonn officials clearly feel the way is open for similar deals with Hungary and Czechoslovakia...
Beyond that. Congress agreed to help bail the United Nations out of the indebtedness incurred in its special operations in the Congo and Middle East by buying up to $100 million in bonds, but not beyond the total purchased by all other U.N. member nations. It passed a threeyear, $435 million Administration program to retrain unemployed workers. After an embarrassing filibuster by Democratic Senate liberals, the Administration's plan to set up a private corporation to operate a communications satellite system was approved. After a mild Southern filibuster, Congress approved a constitutional amendment to outlaw poll taxes in federal...
Since then, the 35 corpsmen have become accustomed to lions, rhinos and other wild life while working with native trainees on a threeyear, $67 million road-building program. Geologist Allen Tamura, 23, from Pasadena, Calif., has also become an honorary blood brother in the nomadic Wagogo tribe for saving the life of a pregnant tribeswoman by rushing her in his truck over pitted jungle roads to a doctor 30 miles away. Said Tanganyikan Gabriel Bakari, assistant to a surveying team: "I can mix with the Peace Corpsmen in a way I never could before with white men and Asians...