Word: demanding
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Dates: during 1950-1959
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Prosperity's Victims. Harlan's crisis has a combination of sources. For one, demand for its rich bituminous coal will never again match the good old days of the '20s, when production zoomed to 14.5 million tons a year. For another, Harlan's miners, members of the U.M.W. for the past 18 years, are in a sense victims of other miners' prosperity. Rising labor costs (Harlan operators have so far refused to sign a new U.M.W. contract under which miners would get $14.25 a day to enter a mine, 76? more per ton to load...
...Cradle. Under these pressures-and under discreet but persistent prodding from the U.S.-both Greece and Turkey agreed to pull in their horns. Menderes abandoned his unrealistic demand that Britain partition Cyprus between its 400,000 Greek and 100,000 Turkish inhabitants. Karamanlis made the greater sacrifice of renouncing the dream of enosis-union of Cyprus with Greece...
...businessmen are aggressively pushing ahead with a more realistic version of the old "Drive to the East." In Beirut last week the beaming manager of the local Volkswagen agency had only one complaint: he could not get cars shipped in from Germany fast enough to meet Lebanese demand. In northeast Iran 250 West German engineers and technicians roamed the hills busily drawing up plans for factories, power plants and municipal water systems...
...slowdown in the rate of gain between 1952 and 1958 can be attributed to slowing in industrial production of hard goods. But consumers bought so many other things that the volume of consumer buying kept growing an average 3.5% annually, well above the 3% "norm." The continuing consumer demand means that production-and thus G.N.P.-must take another jump...
...part with their cash. This is the real road to growth, the innovation of exciting and useful new products and industries that Government alone cannot start. It can only provide the incentive for business to improve itself. As Harvard's Slichter says: "You can't expand without demand for the product. We need less sales talk, less hot air and better quality and more originality...