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BERMUDA has told British Overseas Airways Corp. to stop bringing in tourist-flight visitors direct from Britain. It thus hopes to force BOAC to add more flights from New York and boost the island's dollar trade...

Author: /time Magazine | Title: Time Clock, Oct. 26, 1953 | 10/26/1953 | See Source »

Textile Comeback. By a bleak austerity program, Wood and his associates hope to boost Korea's gross national product from $65 per capita to more than $100 per capita in five years. But the ROK army will be a steady drain on the economy, and some are doubtful that an austerity program will work...

Author: /time Magazine | Title: BUSINESS ABROAD: Korean Rebuilding | 10/26/1953 | See Source »

...zinc mining are essential to U.S. defense, that in time of war foreign supplies might be cut off. But that is not a strong argument, since more than 75% of zinc and 50% of lead imports come from Canada and Mexico. In any case, the Tariff Commission can only boost the tariff by about a cent a Ib.; what the miners want is a sliding scale that would push tariffs up as prices fall, something that only Congress can enact...

Author: /time Magazine | Title: STATE OF BUSINESS: Higher Tariffs? | 10/19/1953 | See Source »

...gasoline for your car-by the dollar's worth." With this slogan, Rochester's H. (for Henry) Dean Quinby Jr., 55, has sold $6,580,000 worth of stock to members of his "Quinby Plan." Last week Quinby's plan got the biggest boost in its 15-year history. Eastman Kodak Co. announced that it is setting up a voluntary payroll deduction system for its 52,000 employees to buy the company's common stock through the Quinby system...

Author: /time Magazine | Title: WALL STREET: The Quinby Plan | 10/19/1953 | See Source »

...slim that all restrictions on earnings will be dropped. The chief objection is that the total cost of paying benefits to those over 65, no matter what their income, would amount to some $10 billion a year. This would either bankrupt the Social Security fund or force it to boost payments from individuals and corporations. A satisfactory compromise might allow $1,200 to $1,500 a year to be earned before benefits are reduced...

Author: /time Magazine | Title: THE OLDER WORKER: The U.S. Must Make Better Use of Him | 10/19/1953 | See Source »

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