Word: share
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Dates: during 1950-1959
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Point Four is not, as critics of the program claim, a one-way conveyor belt to have-nots: nations that participate must do their share of the financing, and of the labor. Nor does it have to be imperialistic: the State Department has promised to keep business out of foreign governments' affairs, pressure from the National Association of Manufacturers notwithstanding...
Helping poor nations can sometimes keep them from looking to the Communists who are always willing to promise everyone an even share of the world's goods. But Point Four, of well executed, can be successful in a more positive way. It can partly raise living levels in deprived parts of the world, open new markets for the world's production and new sources of raw material. In return for aid the U. S. stands to gain politically and economically--and might store up some good will where good will for the West is now in low stock...
...midst of last week's irascible squabbling over ECA, he reproposed an amendment which had been cold-shouldered when he thought it up last year. Fogarty wanted the U.S. to withhold Britain's $687,100,000 share of ECA dollars until the Redcoats got out of Northern Ireland. Last week Congressmen with Irish names, and others who were only looking for a chance to embarrass the Administration, suddenly and whimsically leaped aboard Fogarty's dream boat. After being assured that they could duck out again whenever they wanted, they voted...
...step-up in production was no mere statistical abstraction. Businessmen had plenty of solid evidence last week of the upsurge in the economy in 1950's first quarter. Electric utilities, which provide a prime share of industry's power and thus serve as a general barometer of activity, did more business than ever. Their gross revenues for the first three months hit an estimated $1.1 billion, a new record, and 6% above 1949. The big boom in housing snowed no signs of slackening. In the first three months of the year, new construction totaled $4.4 billion, 18% above...
...night Brawner did it again, setting a new intercollegiate record (0:59.9) for the 100 yds. But Californian Bob Brawner, who only took up the breast stroke two years ago, still wonders sometimes if the tough competition is worth all the effort. Coach Howard Stepp, who has produced his share of champions in 23 years at Princeton, has no doubts about that. Says Stepp: "Before this boy is through he'll hit 2:08 and rewrite the record book...