Word: businessmen
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Dates: during 1950-1959
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Worrying too is what seems to them Ike's overattentiveness to big businessmen. "Look at the President's guest list and golfing partners," says one. "These people are afraid of change. They're afraid they will lose something...
...this, as President Eisenhower, Vice President Nixon and others in the Administration high command are telling the inner councils, is not enough. To win this battle, Nixon told a TIME correspondent last week, the U.S. must move ahead-in stepped-up people-to-people exchanges; in training technicians, administrators, businessmen to serve overseas; in meeting and debating with Communists and neutralists in world labor unions, student organizations; in finding better ways of bolstering the cause of freedom behind the Iron Curtain...
Gross national product will probably rise $10 billion in each of the first two quarters, then flatten out to end the year around $480 billion for a 6% increase. Inventories have already reached bottom, will slowly be rebuilt. Businessmen are once again increasing their outlays for plants. Forecast: up $1 billion to $31 billion. Says A.T. & T. President Kappel, who will add $2 billion to the $2.2 billion he laid out last year: "When the recession came along, we had to decide whether to trim capital expenditures as in past recessions. We felt sure that renewed growth was coming...
...West and Up. None of the problems are so difficult that businessmen, with work, can not solve them. Looking ahead, the U.S. can thank its lucky stars for a technology
...funeral last year in an authorized biography (TIME, April 22, 1957). Biographer Speaight found leftover material too good to forget, notably a big bundle of crotchety letters-which are a long way from the sort of garrulous guff women still write to each other or the kind of bulletin businessmen confide to the uncritical tape...