Word: wente
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Dates: during 1950-1959
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Dormant Danger. But even moderate regular smoking went with a startling rise in the chart for atypical cells: for men who smoked less than half a pack daily, it soared to 90.6% of the slides. In the half-pack to one-pack bracket, it was 97%; for one to two packs, 99.3%; more than two packs, 99.6%; and in lung cancer victims...
...speech was greeted with some restraint. Later, it was liberally interpreted (Watson left for Europe immediately after the speech) by incoming N.A.M. President Rudolf F. Bannow, president of Bridgeport (Conn.) Machines, Inc. to mean that "if you give the economy more push, it will produce more taxes automatically." Bannow went on to say that "taxes should be such as to encourage business," and plugged the N.A.M. program for reducing taxes to 47% maximum on individual and corporate income. Such tax reforms would put "enough incentive into the bloodstream of business to produce even greater Government revenue than we have...
...N.A.M.'s new president was born in Gothenburg, Sweden in 1897, emigrated to the U.S. in 1910. Completing grammar school in Holyoke, Mass., Bannow went to work as an apprentice patternmaker in 1911 at 6½? an hour ("I was grossly underpaid"). In 1919 he shipped around the world for a year as a coal stoker on a freighter ("I had to get that phase out of my system"). At 30, he bought Bridgeport Pattern and Model Works with "$80 and a $3,000 loan,'1 changed its name to Bridgeport Machines, Inc., and went to work manufacturing...
...promised to settle "within the framework of the board's recommendations." The President turned down the suggestion in favor of another try at collective bargaining. In high moral tones that stressed the nation's welfare, both sides pledged once more to forge ahead for a settlement-then went right back to bickering...
Watch the Boss. Much of the bickering was over a campaign by both sides to win the Steelworkers' secret vote on industry's last offer, required by the Taft-Hartley Act some time between Jan. 6 and Jan. 21. Out from the eleven negotiating steel companies went letters and brochures to each employee setting forth the industry's "final" offer (it can still make another), which was actually made fortnight ago (TIME, Nov. 30). Dave McDonald called it "a propaganda offer aimed at confusing the Steelworkers," and the union's official paper, Steel Labor, warned workers...