Word: gold
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Dates: during 1950-1959
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...Reed, the archfoe of reciprocal trade, to argue against the bill. Asked Reed: "So you want to hear from the little guns first?" Replied Chairman Smith: "There are no little guns in Congress." Dan Reed took a seat at the foot of the table. Behind him, under an ornate gold-leaf mirror, sat another staunch protectionist, Illinois' Republican Representative Noah Mason, his cherub cheeks aglow with excitement. Cried Reed: "I formed my opinion about low tariffs as an infant during the Administration of Grover Cleveland. Yes, I formed my opinions when, gentlemen"-Reed paused to glare around the table...
...impossible to tell that the words were in English (in a translation by John Gutman), but it hardly mattered, because most of the conversation that came through was a bore. Rolf Gérard's scenery, on the other hand, was both attractive and understandable: the vast gold and white ballroom in the second act had beautifully costumed couples waltzing in the background, and the third act's red-plush hotel lobby was an atmospheric masterpiece...
...Algom's production will go to the Canadian government. Last week the company announced that it had won a contract to sell $207 million worth of uranium to the government by Dec. 31, 1961, almost three times the amount of the contract given Gunnar Gold Mines, the biggest current potential producer...
...decided to do it through Preston East Dome Mines, a gold-mining company 20% owned by him. Preston flew a staking crew of 75 men with equipment into the Blind River area, even brought in lawyers to draw up the necessary claim and transfer papers on the spot. After seven weeks Hirshhorn and Preston Dome filed 1,400 claims to 56,000 acres, and set off a rush that brought 8,000 claims from other prospectors. To develop the claims on the south end of their property. Hirshhorn & Co. set up Pronto Uranium Mines, and landed a $55 million government...
...were going up everywhere; Minatitlán's newest hotel opened for business before it was even finished, a second bank went up, honky-tonk bars and gambling joints were busy 24 hours a day. Cause of it all: sulphur, an element far more valuable to industry than gold. Last week, after years of exploration, three newly formed U.S. companies started to work huge deposits hidden under the isthmus jungles, shipped off their first 30 tons to world markets...