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Like the hard-pressed copper fabricators (see below), U.S. steelmakers have seldom been so hard put to supply the nation. Americans are using steel at the alltime record annual rate of 1,350 Ibs. per capita, and demand is mounting steadily for consumer goods and a host of new steel products, e.g., stainless steel sheathing for buildings. Last week in Cleveland, Republic Steel Corp. announced plans for a $130 million plant expansion program that will boost its capacity 16% to 11.8 million tons a year within 20 months. Said Republic's President Charles M. White. 64, who succeeded tough...

Author: /time Magazine | Title: STATE OF BUSINESS: The Expansion of Steel | 9/19/1955 | See Source »

...record, by Perón's own accounting, is mediocre at best. Gross national product climbed by about one-third between 1945 and 1954. But meanwhile the population increased from 15 million to 19 million, so that the net per capita gain amounted to only 10%-an unremarkable showing for a decade in which many Western nations raised their living standards by a good deal more than 10%. (U.S. gain: about 18%.) The index of industrial output rose from 76 in 1945 to 100 in 1950, but at that point stagnation set in: last year the index was still...

Author: /time Magazine | Title: ARGENTINA: More Mouths, Less Meat | 8/22/1955 | See Source »

Silence & Scream. In Britain, where per capita daily newspaper buying is the highest in the world (615 papers sold daily for every 1,000 population), readers have a choice ranging from the no headlines of the uncompromising Times to the screaming headlines of the irrepressible Laborite Daily Mirror, biggest daily in the world (circ. 4,725,122). The well-written Manchester Guardian (circ. 156,154) and the Daily Telegraph (circ. 1,048,776) are slowly picking up readers, but the force of their voices is muffled by the nation's popular dailies, which provide the bulk of the news...

Author: /time Magazine | Title: The Press: Britain's Abysmal Depths | 8/22/1955 | See Source »

Another city that has managed to avoid a massive parking headache is Los Angeles, which has more cars per capita (one for every two persons) than any other city in the world. When it banned curb-parking downtown, 42,000 off-street spaces at fair rates were provided. To head off future parking problems, Los Angeles County passed zoning laws that require nearly all new buildings and houses to include adequate off-street parking, e.g., one space for every two employees in an industrial building, one space for every ten seats in a church, one space per new house...

Author: /time Magazine | Title: Business: Too Many Cars | 8/1/1955 | See Source »

...project was badly needed. In 1950, per capita consumption was 50 kw-h compared with neighboring Italy's 600 kwh. Electricity was so scarce that when an Athens housewife used her electric stove, radios went dead and clocks went...

Author: /time Magazine | Title: BUSINESS ABROAD: Lights On in Greece | 7/25/1955 | See Source »

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