Word: boom
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Dates: during 1950-1959
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...watchmaker applied for a patent on an alarm clock for stubborn sleepers which, if not turned off after the first normal rings, starts an electronic tape featuring the continuous honking of a car horn, the prolonged barking of a dog, several pistol shots followed by a cannon's boom...
...other, Republican Governor Joe Foss is running against Incumbent Democratic Representative George McGovern, first Democrat to hold a South Dakota congressional seat in 18 years. The South Dakota vote is strictly agricultural: McGovern started ahead because Foss had lost friends by raising taxes; then rains brought a farm boom and Foss moved up; then an August drought came to McGovern's help. Result: McGovern appears to have a handy lead, rapping Ezra Benson while Republican Foss tries to avoid taking a stand one way or another on Benson. But Foss, World War II Marine Corps...
...scenery and resources, North Carolina is basically a maze of stamp-sized, undermechanized, undercapitalized farms. Its top crop is tobacco (more than half the U.S. output), which exhausts the soil, brings small profits to the farmer. North Carolina's manufacturing is largely in textiles, a low-wage, boom-or-bust industry. Among the states, North Carolina stood No. i in the number of farm residents (1.4 million), No. 48 in the average weekly earnings of manufacturing workers ($47.88). It was clear to Hodges what North Carolina needed. "We had to get our farmers to diversify, to go into other...
...every schoolboy knows, it was wildly inflated credit that brought on the 1929 crash. When consumer credit rose to a record $44.8 billion at the end of 1957, many an economist wondered uneasily whether history would repeat itself. Would credit, which had helped speed the postwar boom, bring on and accelerate an economic downturn? Now that the recession is waning, the answer is in. The credit structure not only surprised the experts but showed strengthening timbers that no one ever suspected...
Welcome to Our City was a sprawling four-hour dramatization of the cross-section of a Southern city caught in the frenzy of the predepression boom years. "Greed, greed, greed--deliberate, crafty, motivated--masking under the guise of civic associations for municipal betterment.... The standards of national greatness are Henry Ford, who made automobiles cheap enough for us all, and money, money, money...