Word: fairless
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...IMPORT PROBE will get going as soon as Government finds three top-level executives outside oil industry willing to conduct it. Former U.S. Steel Corp. Chairman Benjamin Fairless turned down chairmanship of commission that will determine what amount of low-cost foreign oil U.S. can buy without discouraging domestic exploration, production...
Onetime U.S. Steel Corp. Chairman Benjamin F. Fairless, chairman of the institute, also predicted a rise in steel capacity that may top the 1956 increase of more than 5,000,000 tons. Most steelmen were confident that 1957 will equal or surpass 1956 in production. "I believe we're over the hump," said Armco Steel Corp. President R. L. Gray. "Things look better; incoming orders are picking up; inventories are down to where steel consumers have...
...Steel, which five years ago began work on developing direct-reduction pilot models at its South Chicago plant, is now designing an almost commercial-sized plant which it is considering locating at its Fairless Works in Bucks County, Pa. ¶Republic Steel Corp. and National Lead Co. have formed a joint corporation to promote adoption of their R-N rotary-kiln process developed in Birmingham. Unlike the other processes, this one employs a solid carbon fuel instead of a reducing gas. ¶Arthur D. Little, Inc. (TIME, April 1) is developing its own process, using patents from the Esso Research...
...noteworthy as the disagreement on aid to neutrals are some striking points of agreement in the Fairless and Johnston reports. Both urge the Administration and Congress...
...reports agree that economic aid to underdeveloped countries is essential to the U.S.'s long-range peace and safety. But Fairless & Co. view such aid as part of the Mutual Security Program, necessary because the U.S. is involved in "a struggle for its existence." The IDAB sees it both as "a form of preventive medicine" against war and as a duty imposed by the U.S.'s "moral traditions" and "responsibilities of leadership...