Word: buying
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Dates: during 1950-1959
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...heady building boom, but the new factories have never had enough raw materials, were not sensibly geared to national needs, and were too expensive to run. Exports have fallen ominously behind imports, capital has fled to safe foreign banks, and since the government is too short of cash to buy raw materials, businessmen regularly resort to the black market. Last week, becoming a full-fledged member of the Organization for European Economic Cooperation, Spain vowed to change all that...
...goes well, Spain expects that its reforms may bring in an additional $125 million a year from tourists, who will no longer buy their pesetas on the black market. The liberalizing of imports and the streamlining of the whole process of giving out import licenses should drastically cut down on the profession of smuggling, which now accounts for one-fourth of Spanish trade. Most important of all, membership in OEEC takes Spain out of limbo and into a Western Europe progressing healthily while Spain has been deteriorating economically...
Machine weavers at home spin off 35 ft. of ordinary cloth daily, while the Moriyamas labored all day to produce a scant 2 ft. of Kurume-gasuri. They took their new responsibilities seriously. In all of 1958 the pair made only 420 ft., which the government promised to buy. But when 140 ft. of it was rejected by a special government committee as "not living up to living cultural asset standards," and the committee paid only $300 for what it accepted, Tomikichi Moriyama said to his wife: "Ah, such mental suffering we have to endure since we became living cultural...
...command a king's ransom. The Harvard surveyors found that one oilman was paying geologists from five competing companies $500 each a month to feed him undercover information. At another company, a switchboard operator intercepted long-distance calls between executives, heard when and where the company planned to buy leases, sold the tips to an outside broker, who grabbed up the leases. In Casper, Wyo., an oil executive quit without turning in his office keys, later was caught fingering through secret maps in another executive's office. The company did not prosecute, but passed around word that made...
...folks would mutter, "A klug zu Columbus'n" whenever a boy got a bloody nose or the steam was not hot enough in the Turkish baths. Rough translation: "Columbus should have broken his head before he discovered America." But there were consolations. "For 2^ plain" a lad could buy a large glass of clear Seltzer. Flavoring cost a penny more, but sometimes he could persuade the counterman to "put a little on the top" for nothing. Jewish boys seldom learned to swim, says Golden, because the waterfront lay deep in Irish territory. The immigrants had an enormous respect...