Word: cocoa
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Dates: during 1950-1959
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...slightly up. What pinches is a 15% slide in the terms-of-trade index from its 1954 peak. Coffee now brings 53½? per lb., down from 70? in 1954; refined copper trembles at 25? per lb., down from 43? in 1955; lead, zinc, tin, wool, hides, wheat and cocoa have all slipped. But such U.S. exports as cars, machinery and structural steel cost as much or more than ever...
...Windward Islands (pop. 321,600) produce bay rum on St. Lucia, nutmeg on Grenada (pronounced Gre-nay-da), arrowroot for babies' cookies on St. Vincent, and cocoa on Dominica (pronounced Dom-i-nee-ka,). St. Lucia houses a U.S. missile-tracking station for Cape Canaveral's downrange...
Able, urbane Don Yates has so far kept contractors, military services and unions happy, for the one unifying force at Cape Canaveral is a widespread epidemic of missile fever. In nearby Cocoa Beach, and in towns up and down the coast, missilemen and their families have infected the whole populace with the fever. In motels, bars and restaurants, the prevailing talk is rocketry, its failures and its triumphs. One restaurant is fitting out its roof garden with telescopes; sons of missilemen are shooting their own miniature rockets; a ladies' luncheon club has dubbed itself the Missile Misses...
Imposing Gains. The picture of Ghana on its first birthday was encouraging. U.S.-educated Kwame Nkrumah and his ministers have proved that a West African country can govern itself. Prudently making the most of cocoa's reviving market in a world of sinking commodity prices, Nkrumah has built Ghana's gold and dollar reserves to nearly $600 million and used Ghana's rising income to finance a long-range development program (ports, roads, schools). Fortified by a two-thirds majority in Parliament, he has imposed stability and order in a nation of six main tribes, three religions...
...authority he had to smash the tribal power of the chiefs, particularly over land tenure, and substitute the political power of his party machine. He summarily deported five tribal leaders, highhandedly displaced local officers and replaced them with his own men, concentrating on the center of resistance in the cocoa-rich Ashanti country...