Word: ending
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Dates: during 1950-1959
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ANOTHER innovation in TIME this week is the global year-end review of business. Research for it came from 75 on-the-spot reports from staff correspondents and stringers around the entire world. In past years the review has largely concentrated on the U.S. economy. In 1959 it was apparent that the most interesting economic story of the year was the vast spread of U.S. ideas and U.S. methods to the world, not only to the already industrialized nations of Europe, but also to scores of underdeveloped lands just beginning the long march to prosperity...
LIFE INSURANCE COMPANY assets will climb to a record peak of $113.6 billion by the end of the year, up $6 billion from last year's high...
...hard-driving chairman and chief executive of Continental Can Co. West Pointer ('18) Clay, 62, carried out one of the biggest logistical jobs in history as director of materiel in the Army Service Forces in World War II. After war's end, as commander in chief of U.S. forces in Europe and Military Governor of the U.S. Zone, he directed the reordering and rebuilding of a major segment of Germany, and fought the Russian blockade of Berlin. Since he joined Continental in 1950, he has used the lessons of his military engineer's career to triple Continental...
...latest shipment of sheep was okayed by federal inspectors, U.S. sheep raisers called for quotas, higher tariffs, or anything else that would stop the shipments. Said rival California Rancher Clay Broadbent: "Either we stop the Australian sheep-or regulate the flow of them-or it will mean the end of the American sheep industry...
...end, of course, virtuous Moon Lady is restored to her riches and reunited with her son. But as the author probably intended, what the reader remembers is more likely to be the song of the low-living and unrepentant beggar Ying...