Word: crude
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Dates: during 1950-1959
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...seems to be demonstrating that music should be heard and not seen. In emphasizing video at the expense of audio on musical shows, TVmen often sacrifice good sound, and sometimes good music, without managing to get good TV. The televiewer who closes his eyes and listens can hear how crude, sloppy and badly balanced most TV music is. Opening his eyes and looking, he can see how overbaked or tasteless the images that go with music can be. Last week's musical shows ranged from a brand-new opera to the singing of vintage popular songs. Most were calculated...
...American Cancer Society's annual meeting in Manhattan last week, Statistician E. Cuyler Hammond posed a question: "Are we batting our heads against a stone wall-an insurmountable barrier?" On the basis of crude figures he reported: "We are faced with a frustrating fact. Ten short years ago, 177,000 Americans died of cancer. This year it is estimated that 243,000 Americans will die of this disease...
Defense Mobilizer Arthur S. Flemming last week handed U.S. oil companies a knotty problem. Foreign oil, said he, is coming into the country too fast. If U.S. companies want to avoid their first taste of Government import curbs, they must cut crude-oil imports voluntarily by 7% during the last quarter of 1955 and the first of 1956. A House Judiciary subcommittee promptly let out a shout of warning. Asked the subcommittee: How could the oil companies comply without acting in concert and thus violating antitrust laws? Flemming pointed out that he had merely made a suggestion...
Nevertheless, Flemming made it clear that, one way or another, imports must slow down. Too much imported oil, the Administration feels, could discourage growth of domestic exploration and production. Early this year the Administration decided that 1955 crude-oil imports should be roughly 10% of 1954 domestic production. Flemming figures that this year's April-December imports will average about 740,000 bbls. a day. Approximately half that amount will be Canadian and Venezuelan oil, which is exempt from these quotas. The remaining 370,000, Flemming calculates, must be cut by 7%, or 26,000 bbls...
...Victor Paz Estenssoro, struggling to rid his poverty-stricken nation of its longtime dependence on tin exports, signed a decree last week opening the way for foreign capital to come in and drill for oil. As the government's cut, the new Bolivian law demands 11% of the crude oil produced, plus 30% of net profits, plus a yearly concession tax of a few cents an acre...