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Majority Rule. How would the committee decide whether to squeeze the nuclear trigger-the key question of all? Said Norstad: "In the interest of prompt decision, the committee, and through it the alliance, should be ruled by the decision of the majority. The majority decision would not bind, at least...

Author: /time Magazine | Title: Nation: A PLAN TO SHARE THE WEAPONS | 9/25/1964 | See Source »

Some industries, however, are already being squeezed toward full use of facilities, particularly steel, aluminum, machine tools, heavy machinery, autos and paper. The squeeze shows up not only in rising overtime in these industries but in slower delivery of key items and in the activation of plants that were formerly...

Author: /time Magazine | Title: U.S. Business: Some Pinch in the Plants | 9/25/1964 | See Source »

Good Insurance. Pressure on factory capacity is also strongly reflected in the estimated gain of 13% (to $44.2 billion) in spending for new plant and equipment this year, even though much of this goes into modernization rather than straight-out additions to capacity. Papermakers have boosted capital investment by 30...

Author: /time Magazine | Title: U.S. Business: Some Pinch in the Plants | 9/25/1964 | See Source »

He rarely misses an opportunity to burnish that image. At week's end he took off from Washington on 30 minutes' notice to slog through the muck in hurricane-struck Florida and Georgia. He squeezed in some handshaking and speechmaking along the way, reassured homeowners that "as long...

Author: /time Magazine | Title: The Campaign: Above The Battle | 9/18/1964 | See Source »

Now the Italians are congratulating themselves on a second miracle: the sboom has not turned into a bust. The biggest reason is the strong fiscal medicine administered by the Bank of Italy and its governor, Guide Carli, who is talked of as a future Premier of Italy. Those policies sharply...

Author: /time Magazine | Title: Italy: Year of the Sboom | 9/18/1964 | See Source »

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