Word: transferable
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...ever because he had just beaten federal charges that he had tried to plant an agent on the Senate's McClellan committee investigating labor racketeering (TIME, July 29). As Reformer Hoffa, he took the rostrum to propose: 1) an organizing drive to gain 600,000 Teamster members, 2) transfer of some Beck-abused powers from the president to the union's executive board, 3) a demand that the A.F.L.-C.I.O. revoke its policy of censuring union officers who plead the Fifth Amendment (which Dave Beck pleaded ad infinitum). In the event of a fight with the A.F.L.-C.I.O...
...Secretary Humphrey has failed to make much headway toward one of his primary goals in 1953; this was to stretch out and stabilize the debt by transferring much of it from short-term into long-term securities. Not only would such a transfer help combat inflation by sopping up credit, it would also make the Treasury's debt management job much simpler by cutting down on refinancing operations...
Humiliation. Says Aron: "If France had voluntarily accorded in 1954 (in Tunisia and Morocco) what she finally accorded under the pressure of terrorism, she would not be suffering from this intolerable feeling of humiliation." Aron's advice: negotiate with the Algerian rebels, slowly transfer power to the Moslem nationalists, and spend a fraction of the cost of the war repatriating Algeria's Europeans to France. Until recently Aron was as insistent as most Frenchmen that only by holding Algeria could France continue a great power...
Next day, with a lawyer on hand to advise them, the Mamatola elders held a brief council meeting and told the government men firmly: "We won't go." But their victory, if such it was, was certain to be short-lived. "The transfer of the tribe to Metz," said an official announcement from the government at Pretoria that night, "has been abandoned for the time being, but we are determined to move the Mamatola out in the shortest possible time...
...such feckless politicking. "We must do all in our power," he said, "to protect our country from the civil discord and strife into which some countries-and here I am thinking of Indonesia-have fallen after achieving independence." The Colonial Office, in its anxiety to see that the transfer of power is peaceful, has an even more unhappy comparison in mind: that of India and Pakistan, whose baptism of freedom took place in a bath of blood. By summoning the proud chieftains of Nigeria to neutral London, Britain hoped to help them find a peaceful path to independence...