Word: expand
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Dates: during 1950-1959
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With these new-and in Egypt's case reckless-demands, the West faced the possibility of a power vacuum in an area where Russia, since Czarist days, has been trying to expand. For the U.S., the situation recalled a parallel: Greece in 1947. Then, declining power had forced...
...Good Depression. Baker, who had been thriftily putting earnings into reserves, saw the Depression as a fine time to expand. He could not only build new plants cheaply, but buy others at bargain rates. He built and bought, trimmed his costs by constant mechanization, turned up better products, astounded the moribund building trade by selling more materials in 1930 than in 1929. He kept boosting sales throughout the Depression...
...cashing in the biggest jackpot in their history. But few realize the staggering size of the bets required to back up a winning hand. Last week Gulf Oil Corp., fifth biggest in the industry, provided a prime example. It announced that it will spend another $200 million to expand its refining and manufacturing operations, bringing its total expansion since war's end to $1 billion, one-twelfth of the whole U.S. industry's postwar investments. With such huge costs for hunting and producing oil, not even the giants can afford many mistakes. Says Gulf's 51-year...
With the job of Defense Secretary, Bob Lovett inherited a bitter squabble. In an effort to work out a long-range "Statement of Forces" and a budget for the next fiscal year, his Joint Chiefs of Staff had reached a deadlock. The Air Force wanted to expand from 95 to 163 groups (138 combat, 25 transport). The Army and Navy filed a strong dissent. Navy air (equivalent to 30 groups) ought to be included in the air-power total, they said. The Air Force should organize more transport groups and concentrate on tactical, close air support. Neither side would give...
...immediate assignment is to expand the work in applied sciences and engineering along the lines outlined in a special report commissioned by President Conant. Vanneyar Bush headed the group which urged a broader training for scientists "to become leaders in an expanding economy based increasingly upon the utilization of science in an economic manner for human needs...