Word: billioned
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Dates: during 1950-1959
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...been possible without the immigrants, who make up half our 19,000 employees," says an executive of General Motors-Holden's, the G.M. subsidiary that makes 50% of Australia's vehicles. Half of the country's steelworkers and almost two-thirds of the workers on the billion dollar Snowy Mountains hydroelectric irrigation complex in New South Wales are, as fellow union members call them, "new blokes." Although some have slowed their work to the notorious prewar "Australian crawl," the overall impact of ambitious immigrants has been to force the Old Australians to hump harder. Eager, gifted immigrant...
Vengeance Under Glass. Kubitschek's critics do not deny that he has been a builder, but wryly charge that Brazil's official motto, "Ordem e Progresso," has in the process become "Disorder and Progress." Kubitschek has printed almost as many inflationary paper cruzeiros (66.9 billion) as were printed in all of Brazil's previous history. He ignores Congress, shifts its appropriations to his pet projects-road building and Brasilia...
What about the galaxies, which do not expand but merely move farther apart? Gold and Hoyle believe that great clouds of the hot cosmological gas radiate some of their heat away over the course of several billion years. As heat drops, each gas cloud cools and shrinks. At last, it reaches the critical point where gravitational attraction between its gas particles is greater than their tendency to fly apart. Then the great cloud collapses, forming a galaxy or a cluster of galaxies, each of which contains billions of stars. The galaxies, being immersed in the hot gas, continue to move...
...corporations-including such giants as General Electric, General Motors and Standard Oil (New Jersey)-bank with Morgan Guaranty. The U.S. Government leans on Morgan Guaranty as one of the principal dealers in government securities. The bank annually sends out more than 9,200,000 dividend checks worth $1 billion for corporations, takes care of investing $6.5 billion in trust funds. Morgan Guaranty runs pension funds for such big corporations as Johns-Manville, Kennecott Copper, Philip Morris, the New York Times. It runs them well. Alexander's current appraisal of the stock market is one of caution; the bank...
...federal aid, he sees countless pitfalls awaiting the United States. Since as much as $8 billion more per year would go to schools, "the educational committees of the House and Senate will have every reason to examine in detail the curricula and school organization" of the institutions given aid. Such committees, he warns, may be composed of "power-seeking politicians...