Word: fiveyear
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Dates: during 1950-1959
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Last week a grinning Soviet Deputy Premier Anastas Mikoyan was in Helsinki for the signing of the new fiveyear, $1.5 billion trade pact. Terms: Finland will continue to send icebreakers and papermaking machinery to Russia, in return for Soviet wheat, coal, oil, autos. The Soviet-bloc share of Finnish trade will remain a vital 22%. Asked whether Russo-Finnish relations would be hurt if the Finns should join their British and Scandinavian trading partners in the proposed Western "Outer Seven" bloc, Mikoyan returned a wary answer. "That is a matter for the government of Finland," he said, "which will take...
...vowed never to boost the federal gasoline tax, changed its mind; it approved a 1? hike to 4? a gallon, effective for 22 months from Sept. 1 to June 30, 1961. The lopsided vote (16 to 9) marked a partial victory for the Administration; it has championed a fiveyear, 1½? boost, bucked a congressional bond-floating plan that would have added huge interest charges, increased vastly the cost of the program. Both Congress and the Administration are expected to accept the Ways & Means compromise...
Turning out such dancers regularly is a feat on which the Russians spend almost as much thought and energy as on a FiveYear Plan. The Bolshoi company is schooled in a dingy, three-story building at No. 2 Pushechnaya Street in the heart of Moscow. The training school (one of 14 state ballet schools in Russia) is swamped by applications from 1,500 Russian 7-to 9-year-olds each year; no more than 40 are accepted. Bolshoi students get full board and tuition, wear traditional uniforms that vary with their ages, e.g., blue shirts and red ties...
...perhaps more than all that the obsolescent U.S. airways traffic-control system can absorb. CAA is now in the midst of a modernization program, has expanded personnel from 19.000 to 29,000 in three years, is training hundreds of new airways traffic controllers. The CAA's fiveyear, $1 billion program is due for completion in 1962-but the U.S. airways are in need of the 1962 program right...
CHINA-JAPAN TRADE DEALS are off. Businessmen from Japan have been ordered to leave Red China, all import-export licenses are invalid, and ballyhooed fiveyear, $560 million Chinese-Japanese barter deal is dead. Chinese claim break is due to Japanese Premier Kishi's "hostile attitude toward China," but a main reason is that Red Chinese are trying to welsh on some deals...