Word: extent
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Dates: during 1950-1959
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Alfried Krupp is confident that the climate will change; he has already seen the extent to which the cold war has softened earlier attitudes against German industrial concentration. In many cases, deconcentration has been allowed to become only a paper fiction; e.g., Friedrich Flick's steel combine "sold" one steel mill to Flick's sons. Though Krupp keeps a close watch on his separated assets (Beitz sometimes calls the companies' managers in for reports), he has made no big move toward secret reconcentration. Alfried Krupp could legally sell his coal and steel holdings in Germany and invest...
Canada's prosperity was hard to argue against, but one aspect of the boom increasingly disturbed the Britain-oriented Tories, and particularly John Diefenbaker: the extent that control of the nation's natural resources was passing to U.S. investors. Canadians, investing heavily in such safe and sound ventures as mortgages, public utilities and business expansion, put up three-fourths of the capital for their postwar growth; but U.S. investors, plunging heavily into high-risk mineral explorations, managed to sew up 75% of Canada's oil and gas, half its mining. The fact that U.S. investment more than...
...eternal dissertations. Above all, Giraudoux's result is not entirely coincidental with his aims. Intellectual comedy such as this should address itself to the imagination and intelligence more than to the emotions, and determination of the inherent nature of reality and truth should attempt to dissociate to some little extent love from sensuality...
Your July 8 Letters correspondent, Mr. Eugene B. Vest, asks to what extent non-smokers like himself have their lives shortened by sitting in smoke-filled rooms. Let me reassure him-not two-fifths of a second. My 79th year sustains this viewpoint. Down the years I have never lessened my smoking, my average being half a pound of pipe tobacco a week and a packet of cigarettes a day. This would work out roughly in 64 years to better than three-quarters of a ton of pipe tobacco-disregarding some hundreds of cigars and thousands of cigarettes...
Despite the uncomfortable short-term effects on industrial expansion, few economists are seriously worried that the present capital shortage will harm the free world's economy over the long run. Most consider it an inevitable and, to some extent, desirable byproduct of worldwide prosperity. In many nations, the shortage of money acts as a brake on hell-for-leather expansion programs that threaten to burst their economic seams. Often the general effect is to create a natural rationing system based on the laws of supply and demand, which tends to channel capital away from marginal projects into more important...