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Many a steel user had hoped steel would be plentiful in the third quarter, but even those hopes now seemed dim. In an effort to overcome the ammunition shortage (TIME, March 16 et seq...
...Colossal . . . terrifying . . . incomprehensible . . . ridiculous," said Senator Harry Byrd during last week's Senate Armed Services subcommittee hearings on the ammunition shortage. He was speaking of the Pentagon system. Continuing the investigation touched off last month (TIME, March 16 et seq.) by former Eighth Army Commander James A. Van Fleet, the subcommittee heard about "the system" from top Defense Department officials and ex-officials. Harry Byrd, who did most of the questioning, kept trying to pin responsibility to individuals, but after a long day's questioning, he growled: "We have not got a single name yet of anybody...
...scholarship, he is an effective and devoted pastor. When the bandit Giuliano (TIME, Sept. 12, 1949 et seq.) terrorized Ruffini's Palermo diocese so that hardly anyone dared go into the hills, Cardinal Ruffini left Palermo on foot and unaccompanied, walked up the stony hills toward Giuliano's lair and cried: "Giuliano, Giuliano, you are killing my flock, you are ruining their fields . . . Come and talk to me." After several hours waiting in the sun, when Giuliano still did not come, the cardinal gathered his vestments about him and cried aloud: "Giuliano. I am your archbishop...
...last few years, the Crowell-Collier Publishing Co. (Collier's, Woman's Home Companion, American) has been having trouble. To pep up Collier's, the biggest troublemaker, a series of drastic shake-ups was prescribed (TIME, June 22, 1946 et seq.). But there was little improvement. Crowell-Collier's earnings dropped from a high of $6,500,000 in 1946 to a scant $76,497 in 1952, or 5? a share, the lowest of any major U.S. magazine-publishing house. This week Crowell-Collier announced that it had hired a new vice president, who will "take...
...nearly 1,000 shoestring air-cargo lines started by ex-service airmen after World War II, only a handful survived. Last week the two biggest survivors, Robert W. Prescott's Flying Tiger Line, Inc. (TIME, Nov. 5, 1945 et seq.) and Tom and Earl Slick's Slick Airways, Inc. (TIME, Jan. 28, 1946 et seq.), decided to cut the number still more by merging...