Word: cash
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Dates: during 1950-1959
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With the return of prosperity. Alberta Social Crediters built a sound, conventional administration. In 1947 the discovery of vast oil deposits provided a new bonanza; the government cashed in handsomely from the sale of exploration and drilling rights, and from production royalties. The cash surplus rapidly outgrew the province's debt. This year Manning's government declared a cash dividend of $22, payable to every adult citizen who has lived five years in the province...
...perfecting the electronic "light sandwiches" for the home of tomorrow. Two new advances: Bendix last week unveiled an automated machine tool with an electronic brain that "reads" coded information on punched tape, automatically guides a 50-ton milling machine turning out precision aircraft and missile parts; National Cash Register this week marketed a "Post-Tronic" banking machine that electronically posts depositors' checks, virtually eliminates the possibility of a clerical error. In another few months one Midwest state will even field-test an electronic control system to steer and otherwise operate cars in a stretch of superhighway...
...important gauge of farm prosperity is the farm-implement business, which Mumped badly in Igs6. Last week it was climbing back as farmers, with more cash m prospect, stepped up their orders International Harvester, which reported 14% higher sales this March than last had brought two Illinois plants back to nearly full employment after 90% layoffs last fall. Deere & Co. President William A. Hewitt told stockholders that they can expect 10%-20% more business. We estimate that farm income will be 3% to 5% higher in 1957." The brighter outlook came from a break m the drought that had dried...
...this week. But Summerfield stood fast. Sniffed Clarence Cannon: "He's been breaking the law all along.* I don't see why he suddenly has become so pious that he can't keep essential service going.'' Mailman Summerfield refused to budge until he got cash on the barrelhead. And he took the opportunity to remind the U.S. of one of the freaks of Government accounting: no matter how much money the Post Office takes in by selling stamps and money orders, the Post Office cannot use a cent of it. Reason: the receipts go into...
...last Parliament, with 50 seats, is an eloquent prairie lawyer, John Diefenbaker, 62, of Prince Albert, Sask., who moved up to the Tory party leadership only four months ago. If Diefenbaker has trouble nicking the Liberals on straight parliamentary issues, he will face a powerful temptation to cash in on Canada's surging sense of national pride, campaign emotionally against foreign, i.e., U.S., influence in Canadian industry and culture...