Word: pooling
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Dates: during 1960-1960
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...Soviet armed forces make up the biggest labor pool left in Russia, and at long last Nikita Khrushchev is tapping it to relieve the tight manpower shortage created by his seven-year plan. Last January, jauntily telling the world that Russia's missile lead was so great it could afford to disarm, Khrushchev announced a 1,200,000 cut in the number of men in uniform. Last week his Defense Minister, in a major policy statement, hinted at a further release of military manpower to farms and factories. "Our government and the party Central Committee," wrote Marshal Rodion Malinovsky...
Four years ago, Don Pruess, onetime underwear salesman, made an unannounced business call at the home of Cinemermaid Esther Williams near Santa Monica. His proposition: a partnership to mass-produce swimming pools at prices the average homeowner could afford. Esther Williams would give her name to the pools, promote them, serve as titular president of the company, and get 5% of the gross. Pruess would run the company, provide the initial $50,000 capital and own the stock. Before the afternoon was over, the International Swimming Pool Corp. was launched...
...sales charts, things went swimmingly. Thanks largely to Esther Williams' name and luscious presence (she traveled 200,000 miles promoting the pools last year), sales climbed from $500,000 through 50 distributors in 1956 to more than $9,000,000 with 762 distributors in 1959. But last December, International voluntarily filed an insolvency statement with a U.S. district court in New York, obtained permission to stay in business while it negotiated with its creditors. The obvious question: Why had profits failed to keep pace with soaring sales? Other swimming-pool makers thought it was largely due to poor management...
McDarrah claims his talent pool now includes just about all the hipsters in Manhattan except the Kerouac-Corso-Ginsberg sort, who are already approaching their first million and don't need the bread. This week he is planning to supply two beats-one cat, one chick-for a birthday party given by a Madison Avenue adwoman for a fashion photographer...
...rule is compelled to fish them out. The salt spray often freezes, glazing the floorboards with ice, and the cold numbs the pain of injury. Knapp's index finger was badly frostbitten last year, but he cannot recall when it happened. Skipper Alex Gest noticed a pool of blood in his dinghy. "I had to take a look," he says, "to see which hand...