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Split-Up. Common stockholders of Bethlehem Steel Corp. voted to split their 5,000,000 shares 3 for 1. But Chairman Eugene G. Grace dispelled any hopes of a special cash dividend out of Beth Steel's high earnings: they were being salted away, he said, to "maintain a sound financial structure" and to meet maintenance charges of $90,000,000 a year...

Author: /time Magazine | Title: Facts & Figures, Jan. 5, 1948 | 1/5/1948 | See Source »

...Bridges signed only 900 Hawaiian workers. But two years later, some 33,000 agricultural workers had joined his ranks. In a first test of strength he struck the sugar plantations, tied them up for 79 days, almost wrecked the industry by ordering his strikers not to maintain its vital irrigation system. His victory was small: he won an 18½?-an-hour increase, to which the owners had agreed a month before the end of the strike...

Author: /time Magazine | Title: TERRITORIES: Knock on the Door | 12/22/1947 | See Source »

...Some critics" said Ernie Bevin, ". . . say we are an old country and going downhill. [But] we think of ourselves as a young, vigorous and forward-looking country, with our best days still ahead. . . . The whole nation has accepted the fact that while they fought to maintain their liberties, they must now maintain their independence by hard work...

Author: /time Magazine | Title: GREAT BRITAIN: Talking Success | 12/22/1947 | See Source »

Skeleton forces will remain on hand over the Christmas vacation to maintain limited dining, library, and recreational facilities for whatever is left of the college population after tomorrow's mass evacuation...

Author: NO WRITER ATTRIBUTED | Title: College to Offer Limited Facilities Over Yule Layoff | 12/19/1947 | See Source »

...between London and Washington, Chancellor of the Exchequer Sir Stafford Cripps promised to lift currency controls "at the earliest possible time." (Few observers expect this time to arrive in the next two years.) U.S. Treasury Secretary John Snyder told Sir Stafford that the $400 million would help Britain "to maintain its present austerity program...

Author: /time Magazine | Title: ECONOMICS: Unfrozen | 12/15/1947 | See Source »

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