Word: three-year
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...vital help from able Arkansas Democrat Wilbur Mills, chairman of House Ways & Means Committee. House result: 317 to 98 for the President's program, an astonishing victory. But reciprocal trade ran into trouble with the protectionist-dominated Senate Finance Committee. Senate result: a relatively weak bill, with three-year extension and 15% tariff-cut authority. Near-certain final outcome: a good bill, with House-Senate compromise of four-year extension, longer than ever before, and 20% tariff-cut authority, more than ever before...
Whether a customer wants to sell a house in which all the rooms are round (Previews sold one in New Jersey) or turn his farm into a tourist paradise, Previews' approach is the same. Previews gets 1½% of the asking price for handling a property on a three-year contract, advertises it with attractive brochures, often distributed to as many as 5,000 other brokers. When the property is sold, Previews picks up another 2½%. The local broker also gets a commission...
...Christian Science sanatoria in the U.S.-at Chestnut Hill, Mass. and in San Francisco. These establishments resemble hospitals except that patients go there to be healed by prayer and not by medicine. They also provide training for Christian Science nurses, who learn their techniques of prayer and care in three-year courses (regular registered nurses need only a one-year Christian Science course). Enrollments, according to the report, are "at the highest point in many years." Said Leonard Tillotson Carney, newly elected President of the Mother Church (he was converted to Christian Science from the Congregational Church when his infant...
...Senate and House, by unusual unanimous votes in both houses, approved and sent to the President a conference committee's postal-rate-and-pay bill. The bill would raise salaries for most postal employees 7.5% (compared to the 6% raise Ike asked), would also provide a three-year cost-of-living raise for postal workers in lower civil service grades. To finance the increases, postal rates go up, e.g., on Aug. 1, under the bill, the cost of domestic letters would jump from 3? to 4?, domestic air mail from 6? to 7?, postcards from 2? to 3?. Second...
...from being out of the woods. The first House floor battle will come on the issue of a closed rule -a rule that would bar amendments from the floor. To get that rule, Wilbur Mills is willing to retreat from the five-year reciprocal-trade extension to a three-year extension...