Word: coste
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Dates: during 1950-1959
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Hoping to avoid any antilabor tag, Nixon and Secretary Mitchell (who urged the committee, boosted Nixon for chairman) are planning to look into all cost-push factors, not just rising wages. Example: in the featherbed-ridden construction industry, a sure target for investigation, the committee will delve into such nonwage matters as outmoded building codes and novel, cost-cutting house designs...
...part hot potato because it will be easy to offend both labor and business in investigating their cost-pushing practices. It is part plum because it gives Nixon an opportunity to improve his 1960 presidential prospects by doing a big and important job. The committee will be a "continuing" body, said the President's announcement, and in '60, it is safe to bet, it will be going like...
...countryside. Virtually every known Communist agent and subversive has been jailed. Hordes of corrupt, bribetaking political hacks have been replaced by army officers. The new emphasis on agriculture instead of impractical steel plants has resulted in the nation's biggest postwar rice crop. The previously soaring cost of food was solved overnight by raids on warehouses that proved heavily stocked with hoarded goods. Currently, Burma's greatest problem results from the thousands of Chinese fleeing across its borders to escape the iron grip of the people's communes...
...virtue ordered nightclubs to close at midnight. There was a time not long past when Sarit closed nightclubs in another way- as the last customer. He has concentrated on a new constitution with Gaullist overtones, a new law to encourage foreign investment, and on measures to bring down the cost of living (in one month alone the index fell 12.7 points). Fortnight ago he banned all imports from Communist China. Few Thailanders seem disturbed by Sarit's end of the parliamentary regime. "Hell," said one Thai recently, "we are saving $750,000 a year in salaries alone. We used...
...over twelve years at a mere 2½% interest-has worked to its advantage. In Indian eyes, this makes the Bhilai project a business deal rather than an embarrassing "gift" (since 1947 the U.S. has showered a whopping $1.75 billion on India in gifts, loans and credits). Furthermore, at cost to its own steel industry, the Soviet Union has been sending India its top talent. "They have to be our best men," said one Russian. "You can say it is a matter of face. But we want this plant to work...