Word: branche
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Dates: during 1960-1969
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...Third Largest. So has the Orthodox faith that gave birth to Athos' monasticism, and today, after centuries of persecution and trouble, the third largest branch of Christianity*is showing surprising signs of life and strength in its traditional homeland of the eastern Mediterranean...
...Branch-Plant Economy. One reason Canada is doing well is that its neighbor is too. Much as it rankles, Canadians still have a branch-plant economy that is largely dependent upon the U.S. But Canada is growing even faster than the U.S.-its gross national product jumped 8% last year to $40.4 billion, is expected to rise 5% or more this year-because the devaluation of its dollar (to 9210 of the U.S. dollar) has given Canadian goods a price advantage in world markets. Exports are surging while imports remain steady, and last year's trade surplus...
...Promise. The contrast between 1956 and 1963 in Tuscaloosa was paralleled in Washington. In 1956, President Eisenhower remained a bystander when violence erupted at the University of Alabama. He would, he said, be inclined to "avoid interference." But in the years since then, the Executive Branch under both Eisenhower and Kennedy became closely and inextricably involved in the Negroes' march toward equality. Last week President Kennedy played an active role in the drama at Tuscaloosa. The man he assigned to direct events was his younger brother, U.S. Attorney General Robert Kennedy...
Borrow by Night. Bankers' hours are gradually becoming customers' hours; many banks now stay open as late as 6 p.m. on weekdays, and even open their doors on weekends. This week San Francisco's Golden Gate National Bank will shatter tradition by opening a downtown branch that will do business from 10 a.m. to 9 p.m. on weekdays and to 5 p.m. on Saturdays. Particularly for people who work at night and cannot get to the bank without disturbing daytime sleep, Manhattan's First National City Bank is pushing a "Dial-a-Loan" service, in which...
...force of 2,850 men and women sells stocks from door to door like brushes, and the company has placed 1,100,000 "million-yen savings boxes" in Japanese homes, where Nomura representatives periodically call to collect the yen and credit them to stock purchases. The firm has built branch offices in such spots as department stores and railway stations, has set up numerous investment clubs and seminars. Right after the war, Okumura was reluctant to go after foreign investors, because he felt that the low prices of Japanese stocks constituted an injustice to the work of Japan...