Word: expander
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Dates: during 1960-1969
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Shuman's plan coincides with the Johnson Administration's new determination that U.S. food should be used selectively as a lever to force hungry nations to expand their own agricultural production. He urged that this aim can best be realized by extending food aid to foreign countries only on condition that recipients 1) replace government management of agriculture with a market-price system and 2) encourage private capital investment by permitting incentives and checking inflation...
...than achieving it. The U.S. economy is thriving in a careful balance, with industry humming at close to capacity, shortages of skilled labor hampering (though not yet hobbling) key producers, price increases straining the bounds of stability. Last week, as fresh evidence showed that industry's plans to expand capacity have hardly been dented by the rising price of money, the signs also increased that the Administration may soon feel forced to use stronger medicine to fight the threat of inflation...
Transamerica was set up in 1928 by A. P. Giannini as a vehicle to expand his California-dominating Bank of America across the U.S. The company beat an antitrust suit in court, but Giannini later decided to divorce Transamerica from the bank anyway. By 1956, the separated company had built itself into a holding company that controlled 23 banks in eleven Western states, had also spread out into insurance and a few other fields. Congress ended all that with a law (aimed particularly at Transamerica) that forced the company either to get out of banking or cease all its other...
Keeping Lead Time. Greenberg intends to expand Koratron by means other than patent protection. "We've got the lead time in this field," he says, "and we intend to keep it." Koratron has lately extended its process to knitted goods, sponsors studies at the Stanford Research Institute to explore additional uses. It is also cooperating with Department of Agriculture chemists in experiments to find a way to shrinkproof and permanently crease wool, one fiber that still resists artificial processing. If the researchers succeed, men will one day be able to toss wool suits into washers, put them on again...
...made four major domestic acquisitions, quadrupled the line's income. After a short fishing trip to the Caribbean (his first vacation in two years), Taylor will fly to Amsterdam to get the new European venture rolling. Already on his agenda: plans to expand the ten-country network by adding Portugal and Spain in the near future, later extending service to a number of countries behind the Iron Curtain...