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...dissenting Communists, members of the lower chamber of the Dutch Parliament faced the facts of the times, voted the first royal allowance increase since 1938: for Queen Juliana, a raise from 1,200,000 to 1,500,000 guilders ($395,000) a year; for Prince Bernhard, a boost from 200,000 to 300,000 guilders...

Author: /time Magazine | Title: People: Troubled Times | 2/18/1952 | See Source »

Religious Literacy. This week President Conant announced a long step in that direction: a campaign to raise $5,000,000 from Harvard alumni and general subscription. With added grants from university funds, this amount would boost the Divinity School's endowment to a prosperous $7,000,000. Given the money, Harvard Divinity plans to create a larger faculty, enroll more students, increase the number of courses (some of which can be used to backstop the weak program of undergraduate religious instruction...

Author: /time Magazine | Title: Religion: Harvard Steps Out | 2/18/1952 | See Source »

...Manhattan last week, Jones & Laughlin Steel Corp.'s Chairman Ben Moreell stood up before a special Wage Stabilization Board panel which is trying to decide if 650,000 of the nation's steelworkers are entitled to another wage boost. Said Admiral Moreell (ret.): the union's demand for an 18½? raise plus fringe benefits which are estimated to bring the total raise up to 50? an hour would set off such a wave of rising prices that it would probably cost Jones & Laughlin $95 million a year, $10 million more than all of its 1951 earnings...

Author: /time Magazine | Title: STATE OF BUSINESS: Mrs. Celinsky & the Saloon | 2/18/1952 | See Source »

...after Korea, said Murray, while the wholesale prices of semi-finished goods rose 26.3%. Since 1945, Big Steel's profits after taxes had risen 209%, while wages rose 58%. Moreover, the industry, which has already raised its prices 80% in the same period, did not need another price boost to meet the wage demands. It could pay them from profits...

Author: /time Magazine | Title: STATE OF BUSINESS: Mrs. Celinsky & the Saloon | 2/18/1952 | See Source »

...plans, no matter how well-intended, had a suspicious look in an election year. Badly used, they could easily turn the defense program into a gigantic pork barrel. In any case, they would boost the cost of an already inflated arms program...

Author: /time Magazine | Title: CONTROLS: The Open Door | 2/18/1952 | See Source »

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