Word: lowe
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Dates: during 1950-1959
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...estimated 9,000 patients annually need admission to Los Angeles' general hospitals for dentistry, though only 5,000 actually go in. With the city's population zooming, general-hospital beds are getting scarcer. Besides, most of its general hospitals dislike the cavity trade, and dentists are low men on the medical totem pole, with no admission priviliges. Patients who need hospitalization for major dentistry are listed as: the bedridden, the mentally retarded, many psychiatric patients, business and professional men who want to save time by having a lot of work done at once, and any patients needing general...
...fast that Britain's Institute of Directors lists 25,000 members; a decade ago there were only 400. Also spreading is the U.S. style of low-markup, high-volume operation. Germany's Mail-Order Magnate Joseph Neckerman has grown into a sort of Teutonic Sears, Roebuck in fewer than ten years. He sells a list of 5,500 items through 22 mail-order stores, 48 special-appliance stores, and by undercutting the competition as much as 25%, tots up sales of $125 million annually. Says Neckerman, expounding a U.S. philosophy: "The consumer is king...
With production high and unemployment low (4% of the work force), the forecasters see good business ahead. Tight credit may cause the housing industry to slip slightly to a rate of 1,200,000 homes. But Detroit's automakers have visions of a 7,000,000-car year in 1960, with 18%-20% of the market in the compacts. Steelmen forecast a total of 125 million tons of steel next year, up nearly 35 million tons. Borg-Warner's Norge Division President Judson Sayre expects big increases in the appliance industry-8% for clothes dryers, 10% for refrigerators...
...Russian gross national product that is around 45% of the U.S. figure, with estimates that the Reds will reach 55% within ten years. The bald figures are impressive, but they must be read in the context of what economists know about growth: that nations taking off from a low base inevitably grow much faster in percentage than those already at a high level; that the Russians, who now concentrate on heavy industry, will find it difficult to match their advances as the pressure for consumer goods mounts...
...different from writing in the past." Fortunately, the short stories are a good deal better than the communal preface by their authors. The special atmosphere of the '505 is evoked by a collection whose average of competence is commendably high and whose index of brilliance is somewhat low. It is tempting to moralize that this very flatness is a quality of the decade; more probably, it is only a characteristic of short-story collections...