Word: expand
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Dates: during 1950-1959
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...Exchequer Richard A. Butler came a promise of continued stiffening of bank credit and an indication-certain to raise a din from the Laborite opposition-of cutbacks in food and housing subsidies, public works and other aspects of the Labor-fostered welfare state. Butler called it a program to "expand success and curb excess." "I did not know the horse would be so excitable when it saw the oats of freedom," said Rab Butler, less apt at figures of speech than figures of finance. "We need to prune back our roses to get better blooms...
...fill the most urgent needs of India's millions, pumped the bulk of its money into irrigation, electric power, transport and housing, only 8% into industry, e.g., one steel plant, a locomotive factory, a shipyard. Meanwhile, the "private sector" of India's economy was left free to expand. The new plan, Nehru's advisers agreed, must push more decisively toward socialism and "the public sector must be expanded relatively faster than the private sector...
...engaged in heavy production of C.S.T.I. sets and Falcons. The company's military output currently averages $200 million annually; it has a solid backlog of orders worth $313 million. Still another supersecret Air Force contract has just been awarded Hughes that will add millions more to the backlog, expand his Tucson plant far beyond its current capacity. All told, Howard Hughes now runs an empire of four companies (among them: Hughes Tool Co., 74% of T.W.A.) with more than 50,000 employees, an income of some $700 million annually and sizable profits. (Profits from Hughes Aircraft go into...
Chrysler Corp. announced that it will build near Macedonia, Ohio an $85 million body-stamping plant, with enough capacity to supply all passenger-car divisions with fenders, body panels, deck lids and doors. Kaiser Aluminum & Chemical Corp. will spend $90 million to expand its Ravenswood, W. Va. sheet-and-foil plant, add to other facilities in Maryland, Louisiana and Washington. New Jersey Bell Telephone Co. decided to put out $100 million worth of new securities over the next two years to keep up with the growing population and record construction boom...
...early '30s by producing milk coolers for the farm trade, then into air conditioners, refrigerators and home freezers, had discovered that it faced a choice. To survive in the cutthroat refrigeration line, it would have to change its operation radically, put in a complete set of appliances, expand out of the familiar farm market into the big urban markets, recruit a huge new dealer organization, then fight for a tremendous volume to make a profit. Said President McCaffrey: "We felt we'd rather take our efforts and our capital and invest them in things that are more nearly...