Word: planning
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Dates: during 1940-1940
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Walter Reuther's plan was on a braver, broader scale than Mr. Knudsen's proposal to put the industry's mass-production brains on the job of making aircraft parts, on the grounds that its actual machinery and assembly lines are no good for making airplanes. Broader too was his assertion, backed up by extensive arithmetic, that the industry already has enough idle men, machines and floor space to turn out 500 fighters a day within six months...
With Bulgaria, Turkey and Russia not acquiescent, No. 3 was a difficult plan. No. 1 would be a large, tough mouthful. No. 2 seemed likeliest, if it could be executed in stuch a way as not to injure Italian morale...
...letter to the London Times with Arthur Cardinal Kinsley, Roman Catholic Archbishop of Westminster, and Dr. Walter H. Armstrong, Joint Secretary of the Federal Council of the Free Churches. Winston Churchill has avoided any statement of war aims, so the churchmen set up "five standards" as a post-war plan to guide statesmen. Like the Sermon on the Mount, the standards quite clearly presupposed a new society...
With the Supreme Court's Los Angeles lumber case to guide it (TIME, Dec. 18, 1939), the ICC in reorganization cases has recently shown little mercy to common stockholders whose equity is under water. Its plan for the Missouri Pacific last January wiped the common out entirely. Last spring it worked out a plan for Erie. To placate the two major interests- which had been bickering since Erie fell into receivership-ICC effected a compromise. The interests: 1) the Erie bondholders; 2) the C. & O., which held 56% of the voting power. The compromise: capitalization would be slashed from...
...become operative, ICC's plan must first be approved in Federal court, then be ratified by 67% of the company's security holders. Last week Judge Robert N. Wilkin gave tacit approval to the plan, by overruling objections to it. Tired of fighting, C. & O. indicated it would put no obstacle in the way of ratification...