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Word: detroits (lookup in dictionary) (lookup stats)
Dates: during 1950-1959
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Usage:

...Detroit's pessimism, like its unemployment, is more than merely a symptom of the U.S.'s current recession. The recession only made chronic trouble acute. Memories of dead or departed auto companies-Hudson, Packard, Kaiser-Frazer-remind Detroiters that trouble in the auto industry can have something to do with bad management. "You know," says a businessman, "when we were the arsenal of democracy, there was a great premium put on inefficiency of operation. The more payroll a company had, the more profit it would make on the cost-plus arrangement. And when the war ended, there...

Author: /time Magazine | Title: National Affairs: RECESSION IN DETROIT | 4/14/1958 | See Source »

...city's failure to hold on to the auto industry or attract replacements, many Detroit businessmen blame United Auto Workers President Walter Reuther and his close ally, Governor G. Mennen ("Soapy") Williams. Reuther, the arguments run, discourages industry by pushing labor costs higher and higher, and Democrat Williams discourages it by committing himself to Big Labor and the ever higher taxes of the welfare state. Says outspoken Harvey Campbell, vice president of the powerful Detroit Board of Commerce: "Businessmen won't talk about it in public. They are afraid of reprisal. They stand behind me and cheer...

Author: /time Magazine | Title: National Affairs: RECESSION IN DETROIT | 4/14/1958 | See Source »

...hard, glaring fact is that Detroit needs new industry, both to balance the auto industry's piecemeal emigration and to make the city less vulnerable to auto slumps. In February Mayor Louis C. Miriani created a high-level citizens' panel, the Detroit Industrial and Commercial Development Committee, dedicated to "maintaining and improving the economic climate," and its basic aim is to attract new industry...

Author: /time Magazine | Title: National Affairs: RECESSION IN DETROIT | 4/14/1958 | See Source »

...trying to persuade businessmen to open plants in Detroit, the newborn committee can point to some valuable assets, notably a pool of skilled labor and a waterside location with access to the Atlantic via the St. Lawrence Seaway. Perhaps the only additional asset that Detroit needs is a renaissance of the spirit expressed in the city's double-barreled motto, adopted after a fire nearly wiped out the little town of Detroit in 1805: Speramus meliora. Resurget cineribus-"We hope for better things. It will rise from the ashes...

Author: /time Magazine | Title: National Affairs: RECESSION IN DETROIT | 4/14/1958 | See Source »

Athanassios made his way to the automobile factories and metal shops of Detroit. From time to time he mailed $5 bills back to Soultana, but World War I prevented a reunion. In 1922 Soultana and her family were driven from Yalazik by the war between Turks and Greeks. A year passed before the lovers re-established contact; regretfully, they despaired of getting Soultana into the U.S. immigration quota. In 1930 Athanassios sent $275 to his brothers to buy Soultana's passage to America. The brothers, he says, never gave her the letter or the money, and reported that Soultana...

Author: /time Magazine | Title: GREECE: The Vow | 4/14/1958 | See Source »

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