Word: workmen
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Backbone of the Budd business is automotive, but that is relatively routine. The thing that stirs old Edward G. Budd and his veteran workmen in stainless steel is the sight of a gleaming new Diesel-powered (by G. M. C.'s Electro-Motive Corp.) streamline train rolling out of the yard to go into service on U. S. railroads. Last week, in the big, sprawling North Philadelphia plant, Budd workmen were finish ing up 50 streamline cars-for the Portuguese railway, Burlington, Santa Fe - and in the performance of streamliners already in service Budd could see the prospect...
Upstairs and downstairs and into the First Lady's chamber went two workmen last week, lugging shiny green holly wreaths, one for each window of the White House. Downstairs all was Christmas rush. Bookkeeper Henry Nesbitt listed stacks of early gifts; Housekeeper Mrs. Nesbitt thumbed over the State linen, bargained with tradesmen, checked the storeroom's loaded shelves of cans and bottled goods. The cook pirouetted with dignity around the 24-foot electric stove, carefully sniffed the game rack, where hung pheasants, quail, ducks, grouse, and woodcocks waiting till they were high enough for a President...
Last week police searched the labyrinthine cellars of the Houses of Parliament for spies, even poked through the ventilating system and set a patrol on the roof. At 2 p.m. workmen and staff employes were sent home, and soon afterward certain brawny nobles staged a regular Rugger scrum for the tiny Peers Gallery. One peer was knocked down, although the Earl of Glasgow had cautioned beforehand: "I do hope your Lordships will manage to conduct yourselves with decorum!" Last measure introduced before the session was scheduled to become secret was The Gas and Steam Vehicles Excise Bill. Too decorous...
...Federal Reserve Board reports both figures weekly. Bank debits-the total of all checks cashed-account fairly closely for all the business done in the U. S., for even a cash transaction, such as an employer paying off his workmen with currency, is customarily preceded by drawing a check to obtain the cash. Bank loans are not, of course, a direct measure of inventories [because they are also used for plant expansion, payrolls, etc.], but they are an excellent gauge of the trend of inventories, for businessmen customarily borrow when they lay in larger supplies of raw materials, customarily...
Just as extraordinary is what is now going on within Pratt & Whitney's existing plant. Workmen are being hired at the rate of 50 a day. Soon there will be two men at every job-one working, one watching - throughout its 6,000-job plant. This also is a necessary extravagance. For one man at each job is a learner. When the new plant is opened, a trained staff will be ready to march in and begin production at full speed...