Word: contractive
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Dates: during 1950-1959
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...finally sent a note to the Guatemalan government: "Did the Minister of Agriculture speak for his government?" No, replied the government, but it did nothing about Marroquin Rojas' attacks. Last week the U.S. did. The ICA pulled out of the jointly supported U.S.-Guatemalan Agriculture Service, ended its contract with the Agriculture Department (but did sign a new, smaller cooperation contract with the agrarian institute, a government corporation not under Marroquin Rojas). Under the renegotiated arrangement, the 22 U.S. experts will be trimmed to eight, and the U.S. contribution to Guatemala's farm improvement will drop from...
...capital-goods boom is triggering a burst in spending for heavy construction. The F. W. Dodge Corp. reported that construction-contract awards in 1959's first seven months jumped 11% to $22.5 billion. The new lift in heavy construction comes at an opportune time, just as builders are warning that tighter mortgage money may slow the pace of home starts, now a near record 1.300,000 a year. Overall construction is moving 12% ahead of last year, at an annual rate of $55 billion; builders expect it to rise to at least $57 billion in 1960. Says Chairman Melvin...
...done it, too, in Des Moines, Wichita, Louisville, and his home town, Great Bend, Kans. His fees are staggered to protect the customer: the Indianapolis job was worth $2,500-half is paid, and half is still to come if the birds do not return. The Mount Vernon contract calls for $4,000 in three installments...
...programs. The Air Force announced that it was abandoning plans to produce high-energy boron aircraft fuels at Olin Mathieson Corp.'s two-city-block, $45 million plant near Niagara Falls, which was scheduled to deliver its first batch of exotic fuel this month. It also canceled a contract with the General Electric Co. for producing the J-93-5 engine to power North American Aviation's "chemical" B70 bomber with a combination of exotic and conventional fuels. Next day the Navy announced that it was dropping all work in exotic fuels, including the $35 million Gallery Chemical...
General Electric will go ahead with its J-93-3 engine, which accounts for $90 million of its $100 million contract with the Air Force. The J-93-3 is conventionally fueled, is scheduled to go into both North American's B70 and its F108 fighter. Officials insist that the boron cutback itself does not mean a cutback in the B70 bomber program, but only an alteration in the bomber to make it wholly conventionally fueled, and that the cutback has no relation to the F-108, which was programed to use conventional fuels all along. But many aircraft...