Word: foreign
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Dates: during 1950-1959
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...hostile Patagonia hides riches that can make the difference between boom and bust for Argentina's dollar-short wheat-beef economy. With a new "Operation Patagonia" and with massive infusions of foreign capital, President Arturo Frondizi has high hopes of unlocking the treasure house. He has already kicked off Operation Patagonia with a series of projects. One is a $149 million El Chocón hydroelectric project on the Limay River by a 27-firm British-French-Italian combine to provide 650,000 kw. of power, irrigate 250,000 acres of parched croplands. Another is a plan to exploit...
Free-Style Debates. For all his foreign ways, 33-year-old Teacher Hamlett is accepted in the mountain town. He wears a black djellabah, and because he is a Negro is sometimes mistaken for a native. Said one Moroccan merchant: "He is completely at home here...
Just as remarkable, Romney has proved a powerful competitor not only against the Big Three but against a flood of small imported cars, whose chief selling point is even lower cost and greater economy than the Rambler. This year the 60-odd foreign cars coming into the U.S. are expected to account for 560,000 units, or more than 10% of the U.S. market. But Rambler's sales have risen faster than any of the imports...
When the new cars wheel on to the market, what will become of American Motors? Some Big Three officials who wrote off the compact and small foreign cars only two years ago now have their own pat answer. Says one high-ranking automan: "Give the Big Three a year or so in the economy market, and Romney will be flat against the wall." But such crapehangers underestimate Romney's passion and skill in battling against odds...
...Detroit sniffed the first faint signs of dissatisfaction: a ripple of interest in imported cars. At first Detroit wrote it off as reverse big-car snobbery and the desire to have something different. Where the snobs led, the mobs followed. When foreign imports rose from .8% of the market in 1955 to 8% last year, it became clear that more than snobbery was at work...