Word: stretchouts
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From the direction of the Defense Department came repeated talk of stretchout and cutbacks in the defense program. From the State Department area came some loose "thinking out loud" about U.S. concessions to communism in the Far East. Firmest of the week's policy moves were indications of reduced aid to European defense. All together, and coming amid the Soviet soft talk, they seemed to mean that the U.S. was willing to match fair words with generous deeds...
Churchill Down. Leaning partly on security, the P.M. said in essence that the government's stretchout of the original three-year defense program would amount to a cut of between a quarter and a third in original goals. Many of the armaments now scheduled would still be made, but for export to overseas customers rather than for Britain's own defense buildup. "Armaments," he explained, "are, in these uneasy days, bestsellers...
Arriving in the U.S. in 1906, French-born Bedaux washed dishes, worked as a sand hog, finally evolved the Bedaux system of workmen's pay based on units of production. While organized labor screamed that the system was only the infamous "stretchout" and turned foremen into Simon Legrees, Bedaux made millions. He took out citizenship papers, found a new socialite wife in Michigan, hobnobbed with industrialists, finally became a pal of the Duke of Windsor, later openly admitted: "I am an out & out Fascist...