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...another bountiful year for Canada's economy as it was for the U.S. (see BUSINESS). Canada's economic boss, Trade and Commerce Minister C. D. Howe, surveying the business-performance charts last week, found that every vital line-production, employment, income and investment-continued sharply upward during...

Author: /time Magazine | Title: CANADA: Year of Plenty | 12/31/1956 | See Source »

...another 25% by 1975. Others are just as optimistic. Planemakers, who have the biggest backlog ($3.5 billion) of civilian plane orders in their history, feel that they are just getting started. "Of course I'm bullish," says Boeing President William McPherson Allen, moving his finger along an upward-slanted line on a chart. "The volume of airline traffic is bound to go up like this each year, between 10% and 15%. The jet will tend to accelerate it by shrinking the world...

Author: /time Magazine | Title: Business: Business, Dec. 31, 1956 | 12/31/1956 | See Source »

...Bill Martin replied quietly, lucidly, in a prepared statement. The job of the Federal Reserve Board, said he, is "to determine the volume of credit that needs to be made available in order to keep the economy running in high gear-but without overstrain. Too much credit would intensify upward pressures on prices. Too little could needlessly starve some activities . . . Creating more money will not create more goods. It can only intensify demands for the current supply of labor and materials. That is outright inflation." No sooner had Martin finished his statement than the politically potent questions began flying fast...

Author: /time Magazine | Title: THE ECONOMY: The Problems of Prosperity | 12/24/1956 | See Source »

...tonight the lights in Sanders Theatre will begin to dim and, as a bell in the distance tolls midnight, a wary guard will glance upward and demand sharply, "Who's There?" And with these two words, the 100th production of the Harvard Dramatic Club will have begun...

Author: NO WRITER ATTRIBUTED | Title: Dramatic Club Becomes 100 Productions Old | 12/13/1956 | See Source »

...flourish of trumpets, a, bronze bowl flaring with fire, a grey whir of pigeons beating upward above the banners of 68 nations, a parade of athletes swearing allegiance to a sportsman's creed-all this proclaimed last week that the 1956 Olympic Games had begun...

Author: /time Magazine | Title: Sport: Faster, Higher, Farther | 12/3/1956 | See Source »

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