Time Clock, Dec. 20, 1954

OFFICE CHRISTMAS PARTIES are on the way out. The Employers' Association of Chicago took a survey of 265 companies, reported that less than half will hold parties this year. Nearly 40 companies that had office parties last year will discontinue them in favor of extra time off, gifts to charity or parties for people who really enjoy them: employees' children.

POWER-POLICY CHANGE by the Administration will be reflected in the new budget now being prepared. For the first time it will ask for a sizable chunk of money to finance new water projects. Among...

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