Word: added
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Dates: during 1950-1959
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Given Spain's economic history, the most impressive part of the program is that which concerns discipline at home. Though credit has already been tightened to such a degree that many industries have h,ad to suspend payment of debts, it will get even tighter. Spain has agreed to remove controls on a long list of imports, will set acceptable "global quotas" on others. The government has also ordered a six-month amnesty on the return of all fugitive capital in the hope of rebuilding cash reserves...
...Popular Demand. In Rochester, William B. Ransco ran an ad in the Times Union: "Notice is hereby given that my dear wife has still another driver's permit. Please exercise extreme caution...
...Coogan-Huller travel service flourished, added a "travel now-pay later" system for men who looked like good credit risks, experimented with a "group-payment plan" when seven G.I.s promised $185 to get a buddy to Korea. In six months, the red-faced Army admitted last week, Coogan-Huller cleared $1,750 from ten soldiers, in all shipped at least 18 to chosen places abroad, had four customers ready to travel when the word-of-mouth ad campaign reached one ear too many...
Last week Chrysler's fast-selling import from France, the Simca, joined the critical chorus. Aiming at foreign rear-engine cars as well as Corvair, it launched a massive ad campaign proclaiming "the advantages of front-engine cars over rear-engine cars.'' Among them: "Cornering is better . . . more luggage area . . . greater driving stability ... To relax your grip on the steering wheel [of a rear-engine car] at highway speed would be dangerous...
Kindly, fatherly Pope John XXIII issued his first encyclical last week, and it proved to be a fatherly message of warning, hope and encouragement. Ad Petri Cathedram (To the Chair of Peter), the circular letter's opening words by which it will be known, is neither a trail-blazing social document (like Leo XIII's Rerum Novarum in 1891) nor a detailed doctrinal exposition (like Pius XII's Humani Generis in 1950). It is instead notable for the familiarity of its style, the range of its concern and the warmth with which it faces its subject...