Word: copperizing
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...citizens and of export buyers by using home-produced raw materials. So the U.S. is increasingly at the mercy of inflationary trends in world commodity markets. American inflation has been fanned in recent years by such disparate events as the Arab-Israeli war, a low Soviet grain harvest, copper-industry strikes in Africa and even a change in the ocean currents off Peru (which temporarily wiped out the catch of anchovies, a key source of protein in animal feeds, causing panicky foreign buyers to bid up the price of U.S. soybeans...
...William Conrad (TV's Cannon) could have been the lean, rangy Marshal Dillon of Gunsmoke. Midgets walked the earth in those days-voicing the roles of children. Babies were enacted by women who specialized in gurgling noises. Fire was a sound-effects man crinkling cellophane; thunder was a copper sheet vigorously shaken; rain was birdseed falling on paper; a galloping horse was two coconut shells rhythmically handled...
...most promising change has taken place in Chile's economy, which Allende left a shambles. After the coup, General Gustavo Leigh Buzman, chief of the air force and a junta member, prescribed a spartan program of "work, work, work." It has helped. The copper industry, which accounts for 80% of Chile's foreign earnings, had been nationalized, poorly managed, and so riven with strikes that production plummeted. But under the junta copper production rose to 61,000 tons during October, compared with a monthly average of under 50,000 tons during Allende's last months in office...
Harsh Decrees. Two weeks ago, the government announced that 115 companies that had been nationalized by Allende would be returned to their former owners. The junta also said it was willing to discuss compensation for the U.S. copper mines, with assets of $500 to $700 million, that were taken over by Allende. All this has raised the government's stock in the eyes of foreign investors. American banks have offered Chile short-term loans of $ 150 million. Canadian, British and German banks are negotiating similar arrangements. By contrast, practically no foreign credit was available to Allende during his last...
...aluminum-colored coins will go into production if that melting point is reached, and will bear the reassuring face of Abraham Lincoln on one side and the Lincoln Memorial on the other. The metal needed to produce them will cost the Government 90% less than it now spends on copper. Thus, not only will pennies cost less to produce, but the likelihood of their again reaching the melting point within the next several years will be sharply reduced. To critics who like the reassuring heft of copper, the Bureau of the Mint points out a shade defensively that aluminum...