Word: europeanizing
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Dates: during 1950-1959
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From London to Paris to Scotland, President Eisenhower kept up the momentum and drive that had swept aside European doubts about U.S. leadership-and everywhere his ovation rolled on tumultuously. In London, tens of thousands lined his route to the American Memorial Chapel at St. Paul's Cathedral, waving, some shouting "We like Ike!" and "Welcome!" In Paris, the crowds were restrained behind the official pomp and glitter, but cries for "Eek" followed him everywhere. The Scots came for miles to cheer him, even though he had slipped into Prestwick Airport only for a weekend's golf...
...every capital Dwight Eisenhower touched on his European tour, his appearance had its side effects...
...people scrambled for skill and knowledge. "Your government will never be able to restrain a distressed and discontented majority,'' warned Britain's Lord Macaulay. "This opinion," retorted President-to-be James Garfield. "leaves out the great counterbalancing force of universal education/' The focus of a European town remained the cathedral; the focus of an American town became the high school. By the 20th century, quipped Britain's Historian Denis Brogan. U.S. public education was a "formally unestablished national church...
Stock Sensation. While many eyes are set on the European small car and its new U.S. competitors, Daimler-Benz is out to grab a heftier share of the big-car market. The U.S. already buys 10% of its production, and its U.S. sales are racing 160% ahead of last year, are expected to top 15,000 cars by year's end. With 54% of its production going to 136 countries, Daimler-Benz has hiked worldwide sales 16% this year, expects to run up a 1959 sales figure of $600 million for the best year in its history...
...European automen are sure that Flick yearns to grow still bigger. They buzz that he is working toward a merger with a major French or Italian automaker to dominate the car industry in the European Common Market. He has had Daimler buy preferred shares that can be converted into 5% of Studebaker-Packard Corp., his U.S. distributor. But a key factor in Daimler-Benz's plans will be the effect of the new U.S. compact cars on Mercedes' vital U.S. sales. Daimler-Benz is less worried than most other European car makers. Says President Fritz Konecke: "Our appeal...