Word: expand
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Dates: during 1950-1959
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...little (pop. 500) Royalton, Minn., Vernon J. Pick was a successful small businessman. To expand his electric-motor-repair business, he had put in $40,000, all the money he had. Then disaster struck. His plant burned down, and it was insured for only $13,500. He collected the insurance money, sold his house and all its contents, and with his wife set off in a small truck and trailer for a Mexican vacation. Says Pick: "I figured it would be thelast one I'd have for some time...
...Administration suffered critical losses on the legislative front. It had to take only a one-year extension of the Reciprocal Trade Act, and it lost nearly all of the related measures to improve and expand foreign trade. It was unable to meet its pledge to revise the Taft-Hartley law. It was unable to honor its platform promise to give statehood to Hawaii. But it had more victories than it had defeats, and is pledged to return to do battle on all these issues when the new Congress convenes in January...
...World War II, when others again cautiously retired to safety, Perkins had the courage to expand once more, thus was ready to cash in on Britain's postwar boom in trucking. "Ginger" Perkins built a 575,000-sq.-ft. plant in Peterborough, Northamptonshire that he claims turns out more diesel engines than any other plant in the world. In six years he boosted sales of Perkins Ltd. from $6 million to almost $39 million. Last week Ginger Perkins was ready to start deliveries on his latest big order: 2,000 diesel engines (at $700 apiece) to Yugoslavia for tractors...
What Else? Aware of the perils behind Communist promises, the powerful Association of West German Doctors is campaigning to persuade the Adenauer government to expand its national health program and create 7,000 more jobs for doctors. One Bonn physician sourly observed: "Maybe if the Communists steal enough good men, it will make the pepper sacks [stingy ones] in the government spend a few pfennigs [to employ more doctors] . . ." On the other hand, West German doctors do not overlook the plight of their ill-doctored countrymen and do not actually discourage transfers to Communist Germany. Said the association...
With all his debts paid off and profits rolling in, Riss made $99,000 in 1939. But when the arms program started, he went back into debt to expand, lost $400,000 in 1941 and 1942. Before the war ended, he was in the black again to stay...