Word: planning
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Dates: during 1940-1949
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...stop some youngsters who were robbing his backyard peach tree, and got a sassy, truthful reply: "Our teacher says that everything in Richland belongs to the Government." A neighbor came home from work one evening to find his carefully nurtured flower bed torn up; that was where the Master Plan decreed that a Government tree should grow. After five months as head of Rich-land's frustrated, ineffectual city council, McDonald discovered that there was no government in Richland except the Atomic Energy Commission, and its contractor,, the General Electric Co. Late one night, Mayor McDonald labored over...
...Cominform's third meeting. The first, in September 1947, exhorted world Communism to fight the Marshall Plan; the second, in June 1948, disclosed that Tito was a Titoist. From 1949's meeting emerged a call for the "active fight of the revolutionary elements inside of the Yugoslav Communist Party as well as outside." This was taken to mean a campaign to break Tito by all means short of formal war. Mikhail Suslov, the highest Soviet official to attend (he is a member of the Orgburo, next echelon below the Politburo), was reported by returning Cominform delegates to have...
...Real American." Now that he has a permanent home in which he can polish old works and plan new ones, Russian-born Choreographer Balanchine, a U.S. citizen for ten years, hopes he is on the road to a permanent American ballet company, something like Britain's national ballet, the Sadler's Wells (TIME, Oct. 17). One step in the direction of making it a "real American" ballet was the addition to the staff this season of bright, witty, U.S.-born Choreographer Jerome (Fancy Free) Robbins...
...Some Bad Times." Until ten years ago, said Clarence Wimpfheimer, president of Stonington, Connecticut's American Velvet Co., there were frequent labor disputes and "I had some bad times with the boys." After a 16-month strike, Wimpfheimer adopted a profit-sharing plan for his 350 employees, all members of the C.I.O. Textile Workers Union. The company, which has had no work stoppage since then, last year paid $180,000 into profit-shares and pension funds, equal to 22% of each man's wages...
Another whose profit-sharing plan increased workers' efficiency was Jewel Tea Co. Started 25 years ago by Jewel's Board Chairman John M. Hancock, onetime adviser to Elder Statesman Bernard Baruch, the Jewel plan provides for joint pension contributions plus profit-shares from management amounting to 15% of net earnings after dividends. To some employees it has paid off an average return of 55% on their original contributions...