Word: shocks
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Japan "must be administered a tremendous shock." Otherwise, "only the complete destruction of her military power could open the way to lasting peace." He compiled a tally of debits and credits in property and in human relationships and human lives...
...people like to read stories and books that reek with sin, that shame the cities of Sodom and Gomorrah, that shock and insult high heaven? It is because millions in America are honeycombed with impurity, vice, adultery and moral rot. When they read popular books and magazines that sanction this . . . they feel less guilty about their own sins...
...last week there were indications that both labor & management were trying hard to avoid the mistakes that sent wages chasing prices in an exhausting spiral last year. Economists thought that, barring the shock of sudden industrial upheaval, the inflationary crisis had passed. Labor knew that falling prices were already pumping new buying power into existing wage scales...
...from under the price raisers. With a shrewd sense of public relations, Young Henry reduced the prices of Fords $15 to $50. Said he: the Ford Company was finally making money after a year in the red and could afford to shave prices, hoped to reduce them further. This "shock treatment" was the company's down payment toward stable prosperity. (It would also take some of the steam out of the U.A.W.'s demands for pay raises...
...board of directors of Diana Stores Corp. last week got an unusual shock. Diana's president, Harry Greenburg, turned down a bonus of $450,000. And he did not do it because of sky-high taxes...