Word: rising
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Dates: during 1950-1959
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...presented in about 1589 to Elector Christian I by his wife, Sophia. When wound up, a globe on top opens, showing God surrounded by angels; a wall below slides back to reveal the manger, angels come down from heaven to music, Joseph rocks the cradle, the ox and ass rise from their knees, and the shepherds march in, followed by the kings...
...encouraging sign at year's end was that U.S. exports were already on the rise again after their slowdown. Wage costs in foreign nations were also on the rise, narrowing the foreign advantage over the U.S. Now that the alarm has been raised, many a businessman is not only revising his ideas about world trade; he is also doing something about costs. Cleveland's National Acme Co. brought out a new cam-finishing machine that does the job in 20 sec., v. 1 min. 15 sec. "What's just as important," says Acme's President...
...hard to modernize the small shops, sweep away the prejudices against middle-sized and big entrepreneurs. Says France's Economic Planner Jacques Rueff: "I want to open the windows and let in some air." Even the bankers are loosening up: medium-term credits for business are on the rise, consumer credit is climbing fast. Britain removed its credit restrictions in late 1958 and watched consumer debt jump 50% in 1959; France had no credit to speak of ten years ago, now counts more than $400 million. Another symbol of the changing approach to banking: Belgium's Bank...
...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. Moreover, plant and equipment expenditures will rise from $34 billion in 1959 to a rate of $40 billion in the fourth quarter of 1960. With all the booming good business, the Government hopes for good news on the budget debt: a surplus of $2 billion in the fiscal year starting July...
...paddock." Lawrence was not the first or the last to be infuriated by Franklin's middle-class prudence; yet Franklin's maxims-many taken from even earlier sages-are no less true for having become truisms. Who can deny that "He that lies down with Dogs, shall rise up with fleas"? Or that "Light purse, heavy heart" are still keeping company? What confounds Franklin's critics is that he was so confoundedly right...