Time Clock, Feb. 25, 1957

AIRLINE SUBSIDY END is in sight for domestic trunk lines for the first time in U.S. commercial aviation history. Last big subsidized line, Northeast Airlines, has been requested by the CAB to show cause why its $1,800,000 annual subsidy should not be stopped forthwith.

STOCK CONTROL of Britain's automaking Standard Motor Co. has been quietly bought for $4,900,000 by Canada's farm equipment giant, Massey-Harris-Ferguson, Ltd., which may turn Standard into Europe's biggest farm-machinery producer. Besides its Standard, Vanguard and Triumph cars, Standard is producing 100,000 Ferguson tractors annually under license deal. Massey holds...

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