Word: willingly
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Dates: during 1960-1960
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If U.S. businessmen last week found little to encourage them in sales at home, they found plenty in their performance in world markets. U.S. exports will not only rise this year to a record $20 billion (v. 1959's $16.4 billion), reported the Commerce Department, but should do as...
The Commerce Department's forecast was also good news for the U.S. Government, which had expected exports to slip next year, thus worsen the U.S. balance-of-payments problem. Big exports of aircraft and raw cotton in 1960 were considered to be one-shot performances that would not be...
From the Commerce Department and the Securities and Exchange Commission last week came encouraging-though hardly bullish-news about business spending on new plant and equipment. In 1960, said the agencies, this spending was cut back only 4%, will run about 10% ahead of 1959. It was the Government'...
2,000-M.P.H. AIRLINER may be on the way. President Eisenhower will ask Congress for $75 million to start development of a Mach 3 supersonic transport, which would cruise at altitudes of 55,000-75,000 ft., carry as many as 150 passengers. Government would have to contribute about $500...
LAWSUIT THREAT against TWA finally forced Howard Hughes to turn over control, of his 78% of TWA stock to a banking and insurance-company trust. In return, he got loans totaling $165 million to pay for 20 Convair 880 jets. TWA will raise an additional $100 million through a public...