Word: mccormack
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Dates: during 1950-1959
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Last week a smiling Irishman started buzzing around the U.S. in hopes of getting help for the Irish economy. Announced Cyril Count McCormack, new U.S. director of the Irish Industrial Development Authority: under recently enacted laws, Ireland will offer U.S. businessmen probably the most appealing climate for industrial investment in all Europe...
Business Booster McCormack had other bait, such as low Irish wages (average: $21 for a 48-hour week), low power rates (1 per kw-h). low living costs (50? for round steak, 24? for a shot of fine Irish whisky), and the idea that the U.S. manufacturer in Ireland will be able to sell his goods tariff-free to the future European free-trade area, which Ireland intends to join. The free-trade area should prove particularly attractive to businessmen who set up plants in the 200-acre customs-free zone around Shannon Airport in County Clare...
There were a few hysterical Democratic outbursts. House Majority Leader John McCormack cried: "This recession was deliberately planned and put into operation by the Republican Administration." But the general Democratic strategy had been coldly planned and was coldly executed by Senate Leader Lyndon Johnson and "Mister Sam" Rayburn. Its essentials: 1) let the Eisenhower Administration move first on tax cuts; the longer Ike waits, figure Democrats, the more laggard his party will appear; then 2) bump all Republican bets with a whopping Democratic tax slash aimed mostly at relief for middle-and lower-income workers, i.e., most U.S. voters. Meanwhile...
...Civilian Agency. On the theory that far horizons demand a fresh approach, some space planners advocate an entirely new federal agency that would direct either the entire U.S. space program or, at minimum, its nonmilitary aspects. House Majority Leader John McCormack has proposed a five-member National Science Council. In the Senate, Arkansas' John McClellan and Minnesota's Hubert Humphrey have sponsored a measure authorizing establishment of a department of science and technology run by a secretary with Cabinet rank. Currently these proposals for another Government agency are downrated because the agency would have to undergo the lengthy...
...LUXURY LINER, biggest to be launched in past five years, will have a unique attraction: a solarium atop a dummy smokestack, 100 ft. above the water line, where passengers can sunbathe in the raw (a partition will divide the sexes). Moore-McCormack Lines' 553-passenger, 22,770-ton S.S. Brasil built by Ingalls Shipbuilding Corp. at Pascagoula, Miss., will go into service between the U.S. and South America next summer...