Word: benefited
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Dates: during 1960-1969
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Wiped Out. A cornerstone of the country's economy, Japan's shipbuilding industry provides jobs for 75,000 and last year earned $300 million in valuable foreign currencies. Ironically, much of its economic benefit is wiped out by the sad state of Japan's own shipping lines. They are so short of ships of their own that they are unable to handle Japan's growing foreign trade. Japan must thus use foreign ships and pay out in shipping fees the foreign exchange that it earns by selling ships. Since the shipping lines' trouble stems chiefly...
France would benefit from any decrease in rates on agricultural products, while Germany would suffer. But de Gaulle is not concerned with agriculture alone. This spring the Kennedy round of tariff negotiations begins, and if they are successful, the United States will assume a more important position in the European economy. Such increased economic ties would strengthen Atlantic partnership. De Gaulle is not eager for that, nor does he believe that the economic results would benefit France. Germany, on the other hand, is enthusiastic about a closer economic relationship with the United States. Chancellor Ludwig Erhard is convinced that increased...
...Neill gave credit for the predicted passage of New Frontier legislation to the surviving influence of President Kennedy, saying that Lyndon Johnson's professional skill could not replace Kennedy's "winning charm." He scored Johnson's recent economy moves as shortsighted, arguing that deficit spending provides more benefit in the long run than a balanced budget...
...honeydew" secretion. Now a graduate student in entomology has added to the brief catalogue of insect husbandry Louisiana State University's Gary Ross has watched Mexican carpenter ants (Camponotus abominalis) protect caterpillars against their natural enemies and live on the juices that the caterpillars excrete. Though both parties benefit from the odd relationship, nature ensures that it is always brief: by the time they are 83 days old, the caterpillar cattle sprout orange-rimmed wings and fly away...
True Story. He began by telling a story about how Treasury Secretary Douglas Dillon, flying to Miami with a leading Florida businessman a year or so ago, spent most of his time explaining how the man's company would benefit if the Administration's investment-credit tax bill were passed. When the plane landed, the man said to Dillon: "I am very grateful to you for explaining the bill. Now tell me just once more why it is I am against...