Word: transferable
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...first federal budget presented by a Republican Administration in 21 years. Dwight Eisenhower last week set a new tone and trend. He called for1) lower taxes, 2) less Government spending, 3) reduced appropriations for future years, 4) a smaller deficit, and 5) the transfer of some Federal Government activities to private enterprise and to local governments. It was, said the President, the kind of fiscal program that used "necessity-rather than mere desirability-as the test for our expenditures...
Struik was indicted with Harry E. Winner and Mrs. Margaret Gilbert, all on similar charges. Trial had been delayed since 1951 because of extradition proceedings involving Mrs. Gilbert, who resisted transfer from Illinois to Massachusetts...
...deal was a straight stock transfer: three shares of Hudson (now listed at 11⅛) for two shares of American and one share of Nash-Kelvinator (listed at 17⅜) for one share of American. Under Nash President George Mason, American will continue to make both types of cars in separate divisions, and also bring out a pair of brand-new designs to boost sales -a small Nash four-passenger sports car, to list at about $1,300, and a Hudson sports-type car, the Italia, that will probably sell for around...
Nash and Hudson have agreed to merge. Boards of both firms have already approved the sale of Hudson to the Nash-Kelvinator Corp. through a stock transfer, but lawyers are still hammering out the exact terms...
...Transfer. In Paris, Optatus Bastet, former chief bursar of the De la Sante Prison, wound up in a cell after officials discovered that he had taken 1,200,000 francs ($3,428), from the prison safe for "travel expenses...