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...million would be used to improve plant and facilities, $200 million for new freight cars. For long-term aid, the Administration wants to: ¶ Give the Interstate Commerce Commission power to drop unprofitable passenger and freight runs, and end the power of state commissions to block the ICC. ¶Tighten up on truckers now exempt from ICC rate regulations, since the Administration feels that many cut-rate, "private" truckers are actually public carriers, deserve no exemption. ¶Cut down on rate exemptions for farm produce truckers. Designed to help farmers, the exemptions have been so broadened that many commercial truckers...

Author: /time Magazine | Title: RAILROADS: Rescue for the Rails? | 5/5/1958 | See Source »

...firms. On the rumors, Getty Oil stock (81% owned by J. Paul Getty himself) jumped 2⅝ points to 26⅛ as 71,300 shares were traded in only two days. But last week in Paris, Getty waved off the rumors: "Nonsense' Why should I try to tighten my grip...

Author: /time Magazine | Title: OIL: Merger for Getty? | 1/27/1958 | See Source »

...opposition to this general policy, Jones said, the Air Force intends to tighten delay allowances in certain technical fields which graduates can study equally well while in the Air Force...

Author: NO WRITER ATTRIBUTED | Title: AFROTC Candidates for M.A. Will Receive Unlimited Deferment | 1/14/1958 | See Source »

...other actions the rules committee voted to change the penalty for out-of-bound kick-offs, to permit ineligible receivers to move downfield as soon as the ball is thrown rather than when first touched by a receiver, to tighten rules against defensive teams interfering with offensive signals, and to limit blockers to contact with only one arm and hand...

Author: NO WRITER ATTRIBUTED | Title: Coaches Praise Changes | 1/14/1958 | See Source »

...Tightening Alliances. For all the chronic talk among U.S. allies about neutralism, fear of Communist prowess, weakness of frail economies, inability to make sacrifices, U.S. allies as well as the U.S. have "an equal interest" in withstanding Communism in all-out or limited war. It is therefore in the equal interest of the U.S. and U.S. allies to 1) pool scientific and technical resources and brainpower, 2) tighten allied interdependence in command, 3) keep U.S. forces deployed in NATO's airpower and ground-power shield, 4) provide willing European allies with nuclear weapons and delivery systems-controlled by Europeans...

Author: /time Magazine | Title: THE USSR's CHALLENGE: Rockefeller Report Calls for Better Military Setup, Sustained Will | 1/13/1958 | See Source »

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