Word: buts
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Dates: during 1950-1959
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One for All. As a result of its economic strength, many a European nation felt confident enough to lower some of its trade barriers and chop away red tape. The Common Market (West Germany, France, Italy, The Netherlands, Belgium and Luxembourg) in its first year was such a resounding success...
A more liberal attitude toward the U.S. specifically was overdue. U.S. imports are still restricted by quotas and high tariffs; e.g., Britain's tariffs and purchase taxes are so high that only 200 U.S. cars were imported last year. But the climate is changing. Says Common Market President Walter...
As industrialization called forth new skills, the French workingman's average pay jumped 60% (to $80 monthly) in a decade; Danes and Norwegians average 84? an hour, v. 42? ten years ago, while Swedes get a minimum $1.16 an hour, v. 50? an hour in 1948. The British secretary...
With production high and unemployment low (4% of the work force), the forecasters see good business ahead. Tight credit may cause the housing industry to slip slightly to a rate of 1,200,000 homes. But Detroit's automakers have visions of a 7,000,000-car year in...
World by the Tail? Whether the U.S. achieves that goal and goes on to serve all the many millions around the rapidly developing world depends on whether the businessman competes to the fullest of his impressive abilities. One of the great debates of 1959 that is bound to continue on...