Word: contract
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...court ever said that he did. In the ordinary course of business Morgan advanced to Simon Stevens money enough to make a payment to Arthur M. Eastman for the 5,000 Hall carbines (smoothbore) which Stevens had bought from Eastman and sold to General John C. Fremont under contract to have them changed from smoothbores to rifles before delivery. On August 7, 1861, Morgan loaned him $20,000. Stevens, in accordance with usual banking practice, assigned to Morgan (as collateral for the loan) the whole lot of 5,000 carbines and agreed that the check from the Government should...
Germany's contract calls for about 300 tank cars per day out of Rumania. On good days the shipments have exceeded 400 cars, but only to make up for far more numerous bad days when no cars go at all. The average is probably not above 100 cars per day. Reasons: 1) a shortage of rolling stock (Germany, whose own rolling stock is in very bad condition, is extremely slow in returning Rumanian cars); 2) shortage of coal from Germany to stoke the engines; 3) sabotage and inefficiency along the 170-mile stretch of railroad from Oraseni...
Last week, on a site next to Chicago's Municipal Airport, workmen broke ground for the new Johnson & Johnson assembly plant. Under terms of its Army contract, the company will: 1) equip its factory to turn out 100,000 masks a month (300,000 on a three-shift, 24-hour basis); 2) make 10,000 masks during 1940; 3) at year's end turn over equipment and gas masks to the Army for the sum of $341,714. By Aug. 1 Johnson & Johnson expected the first masks to come rolling off the assembly line...
...proclaimed Joseph Stefani last week at a meeting of the unions to which over 90 per cent of the Harvard cooks and waitresses belong. Apparently he had delved a bit into the contract signed last March, and had come up with the unique conclusion that for Harvard to hire its own students in its own dining halls to serve its own meals was an "unfair labor practice." If his mental somersault was merely for the purpose of boosting his prestige among the members of his flock, he cannot be very harshly criticized; but if he really contemplates a strike...
...perfectly clear: that a decision can be reached entirely apart from Union interference. Last March, with undergraduates behind the waitresses, they won many points. But the absurd suggestion that Harvard is not free to hire its students as it chooses will not find such friendly reception. The March contract specifically provides for such a possibility, if further proof were needed. In tenth grade English, it states that the contract applies to workers "except students who are or may be employed . . ." Harvard has granted its workers a mile; it will not be easy for them to take a hundred...