Word: clarks
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Dates: during 1940-1949
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Despite the charms of Elizabeth Taylor, the only stars I would go out on a rainy night to see are Joan Crawford, Bette Davis and Clark Gable...
Early in the week he had flown to Miami to the convention of Veterans of Foreign Wars, to read a speech appealing for support of his foreign military-aid program. It was the kind of routine, uninspired address that Speechwriter Clark Clifford can turn out in his sleep, designed to satisfy its hearers without making headlines. Back in Washington, the President signed the proclamation of the Atlantic pact, made another short speech: "No nation need fear the results of our cooperation ... On the contrary . . ." These functions he performed with earnest punctilio...
...Clark makes his comparisons by means of an "international unit" (IU). One IU equals the amount of goods and services that $1 could buy in the U.S. during the period 1925-1934 (see chart). Clark takes his figures for Russia from official Soviet statistics, but adjusts them in an involved process of his own invention. (His former computations about the Soviet economy were at one time heavily criticized; since then, however, they have been strikingly confirmed by independent research of the U.S. Federal Reserve Board...
According to Clark's analysis, whatever industrial progress Russia has made has been largely offset by agricultural stagnation. Soviet productivity, rated in 1900 at .15 IUs (15? worth of goods per man-hour, at U.S. 1925-34 prices), dropped to .10 after the land reforms of 1918-19; it rose to .16 in 1927-28, but forced collectivization of farms in 1928-33 pulled the level down to .12. No Soviet statistics for the war years are available, but by 1947 Soviet productivity had climbed back to .14 IUs, just under the 1900 level. The U.S., on the other...
...Clark's estimates were close to those made by the New York Times's Will Lissner (TIME, Dec. 29, 1947). Nevertheless, none of his comparisons was likely to give the democratic world any conviction that Russia was politically unstable. In spite of a low IU, the police state still had the means to enforce poverty at home, to concentrate on conquest abroad...