Word: inded
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...neither labor nor management seemed to be particularly bothered or bitter. Strikers waved their signs only when news photographers whooped them on, spent most of their tours on the picket line playing ball, shooting craps, or gazing at television sets plugged into management's power outlets. In Gary, Ind., pickets used an air-conditioned, seven-seat mobile toilet lent them by U.S. Steel. An Inland Steel official called the situation "a comic opera." Said a U.S. Steel executive: "It's just as if they'd all been let out of school...
...steeland with Government playing it strictly hands off, both sides must coldly face the results of a strike on profits and incomes. The pressures are new and different. Industry must keep up its earnings or lose new investment capital. As for labor, a TIME correspondent reported from Gary, Ind. last week: "Not many of the men have been hungry for years. Most of them are up to their ears in installment debt. They don't really want a strike...
...designing Concordia Senior College at Fort Wayne, Ind., Saarinen remembered the snug appearance of Danish villages clustered around their church, kicked the modern cliche of the flat roof skyhigh, and designed the chapel and buildings with pointed roofs. Says he: "There is a whole question of how to relate buildings to earth and sky. Is the sharp horizontal really the best answer? We must have an emotional reason as well as a logical end for everything we do." Saarinen admits his decision spread dissension even within his office, but he let the peaked roofs stand. "The smorgasbord boys love...
Stolen Horse. Long after the horse had been stolen, the American Stock Exchange and SEC rushed to the stable, began to investigate to find out the why. The reason was plain. To finance some of his corporate purchases, Albert had borrowed heavily from South Bend, Ind.'s Associates Discount Corp. When Albert fell a year behind in his payments, the Discount Corp. took judgment a fortnight ago on $1,372,622 in Albert loans, tying up his personal bank accounts. When word got out that Albert could not pay his bills...
...shortage-ridden aluminum industry there was the promise that supply would catch up with demand. The Aluminum Co. of America unveiled plans for a huge, $80 million smelting plant near Evansville, Ind., to turn out 150,000 tons annually, increase Alcoa's primary capacity 33% to 942,500 tons a year in 1958. When the plant goes into operation in the fall of 1957, the industry will have to expand old markets, find new ones to keep growing. But the job should not be too difficult. In autos alone the potential is enormous. Said Alcoa President I. W. Wilson...