Word: expander
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Dates: during 1960-1969
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...success in the huge effort to expand the economies of the free world," he reasons, "will depend in the final analysis on the contribution of private business." More than 5%. For a long time David was one of the four less visible brothers of Governor Nelson Rockefeller (The rest of the Rockefeller Family, including David, take the line that one brother in politics is enough.). But among U.S. businessmen who have come into contact with him, David has in the past few years built a solid reputation for economic intelligence and insight. Now, wherever he goes, businessmen collect to hear...
...York State legislature, at the urging of Governor Nelson Rockefeller, finally relented two years ago, grudgingly passed a bill that gives the city's banks the right to expand into the adjoining suburban counties of Westchester and Nassau. But, complains President...
...Every second day another new supermarket opens in Britain, and the average will soon be bettered. Reason: Britain's greatest merchant prince, Sir Isaac Wolfson, 64, has entered the field by merging William Cussons Co. into his Great Universal Stores Ltd. and plans to expand Cussons' present chain of 60 stores to at least 200 supermarkets. The son of poor Polish Jewish immigrants, Sir Isaac (he was made a baronet earlier this year for his large gifts to charity) started work in his father's Glasgow cabinetmaking shop, later set up his own furniture store in London...
...government a year ago has helped Britain to hold wage increases to 4.6% and to spur British exports to the Common Market countries, where wages are increasing much faster. Britain's increase in productivity, however, is a poor 2^%, and companies with excess capacity find little incentive to expand. Managers are also delaying decisions to spend until they learn whether Britain will get into the Common Market. (If Britain does not, her businessmen will probably decide to build plants on the Continent.) France is just beginning to feel the slowdown. Industrial production has risen 7-5% in the past...
...South American coffee and almost none on coffee from France's former African colonies. The Latin Americans wanted rigid export quotas. The Africans, whose beans are used mostly for instant coffee and whose coffee trade is booming on the trend to instant, wanted elastic quotas that would expand or contract with world demand. And all the producing countries wanted the Europeans to lower their high taxes on coffee (example: $1.50 a lb. in West Germany...