Word: expander
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Dates: during 1960-1969
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...affected by factors other than the discount rate, there is a notable correlation between the two (see charts). When credit tightens and the discount rate is increased, production tends to level off or diminish; after credit eases, production tends to rise because more and cheaper money encourages businessmen to expand...
...Lionel, Medaris will earn $50,000 a year, plus an option on 20,000 shares of Lionel stock pegged at 95% of last week's price. He intends to develop Lionel's standard lines of trains and toys, but also to expand gradually into grownup electronics (Lionel proposed a merger with Anton-Imco Electronics Corp. last June). He does not plan to go after Government contracts. Says he: "Development of a large military line is not our prime objective. I don't plan to create a corporate image that depends on the vagaries of the defense business...
...growth of the company itself, but the ability to pick up other companies that have not realized their possibilities." Last month Fairchild Camera gave final approval to a merger with DuMont Laboratories (1959 sales: $19 million), which makes TV tubes and products in other fields where Fairchild wants to expand...
...broad new programs to retrain workers displaced by machines, empower the President to appoint arbitrators to settle lengthy strikes, gradually remove all farm-production controls and replace "the obsolete concept of parity" with support prices based on overall prices in the modern economy, help marginal farmers find other jobs, expand the "Food for Peace'' surplus-export program...
...where Wolfe could feel the rumble of his beloved trains from the New York Central tracks beneath Park Avenue, and above all shaped Wolfe's raw, spontaneous, poetic prose into Look Homeward, Angel. In time he became alarmed as Wolfe's great fungus of words threatened to expand beyond control. Once, Perkins asked him to write a brief description of the hero's reaction to his father's death, and Wolfe came back within hours with thousands of words on the life history of the doctor who attended the father's final illness. Eventually, with...