Word: basic
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Labor faced the wartime loss of the most basic of all its economic rights-the right to quit a job and go to work elsewhere. The McNutt Manpower Mobilization Board put on its fright wig last week and announced that war workers were going to have to stay put. would have to quit changing jobs to get higher wages in other labor-short war plants. The Board's reason: pirating of workers by manufacturers who offer higher pay impedes production and upsets wage scales which the Government is trying to stabilize...
...means at hand permit, the battle of transportation has apparently been a U.S. success. It has not been a success off the Atlantic Coast, because the means - proper escorts for convoys - are still lacking. It has not been so successful anywhere as it might be, because of a basic shortage of ships...
...Labor Party voted unanimously for a post-war planned economy with nationalization of Britain's basic industries and services, including natural resources, transport and farm land. Keynoter for this resolution was keen, slender Economist Harold Laski. Said he: "We seek to end a system in which the many are the slaves of the few. We seek to end a system which makes ordinary men and women not ends in themselves, but means to the ends of others. We seek in this war, after victory, not a return to the Old World, but quite precisely the building...
...Sorensen's phrase that hurt. Basic difference between automobile and aviation manufacturing technique was that the automakers mass-produced for a mass market, the planemakers tapped and tinkered for the carriage trade. Even with billions of war orders on the books, the aircraft makers have only partly changed their methods. One reason is that the Army and Navy won't completely freeze designs. Even after the design of his own B-25 bomber had been "frozen," said Kindelberger, 15,000 blueprints were changed, 4,000 parts were completely redesigned. Snapped he: "Talk about freezing plane designs...
...basic idea was to set up a notion counter displaying securities for every purse and taste-transfera-ble bonds for banks, temporarily nontransferable ones for insurance companies, permanently nontransferable ones for individuals; stamps for 10?, bonds for $10,000. The catch in the scheme was how to keep up a steady selling rate of $2 billions a month. The great banks and insurance companies, few in number, buy in huge blocks up to $100 millions at a time; then they sit back and wait for new funds to accumulate. But if sales of war bonds are to be no more...