Word: closed
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Dates: during 1950-1959
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...devoted Bedouins, swift raids by spike-helmeted police rounded up all known Nasser sympathizers, as well as some 200 suspect politicians and civil servants. Who could be sure of anyone, any more? Seventy officers of the King's army are in jail, including Hussein's former close companion, Colonel Rahdi Abdullah. Anyone caught listening to Radio Cairo or to the vicious noise of the clandestine "Jordan People's Radio" was hustled off to prison...
This years-long struggle toward efficiency went little noticed during the fat times of the earlier 19503, when almost all producers were pouring and earning close to 100% capacity. But it was during the lean months of 1958 that the steel industry, led by U.S. Steel, demonstrated that it is no longer a cyclical industry of feast or famine. Steel can now operate profitably in slump periods when many another industry is forced into...
LUMBER PICKUP is finally on horizon in depressed Pacific Northwest. Prices last winter dipped close to modern lows, but recently have bounced up 5% to 10%, are approaching 1956 peaks. Major reason for the upturn: The cut in production, along with a rise in construction...
...threat to U.S. business is plain, so are its enormous advantages. Says Dr. Lajos Schmidt, an international attorney who has helped many firms to go abroad: "The common market represents the first time that American industry can compete on an American basis in Europe." It will have close to 170 million people with high living standards-almost as large as the U.S. market. Many U.S. firms that could not afford to set up plants for any one of the six nations alone can well afford to do it for the whole market, have discovered that U.S. methods of mass production...
...Ford and Chrysler still show no signs of breaking their united front, have informally agreed that all will close down if one is struck. While the U.A.W. would undoubtedly cry "Lockout!", the companies have legal precedent, of a sort, on their side.* The companies contend that the U.A.W. cannot afford a strike because unemployment and lagging dues have held the union's strike-war chest at $37.8 million, enough for only six weeks of benefit payments in an industry-wide walkout...