Word: goode
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Dates: during 1950-1959
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Looking at the aftermath of the steel strike, some economists last week were swinging around to the opinion that for all the harm it did the economy, it also may have done some long-range good. Along with others. Chamber of Commerce's Schmidt pointed out that the postwar economy has averaged a recession, or at least a leveling in growth, every 30 months. But the steel strike was itself a recession; therefore, the normal setback that might have been expected has been delayed, and business should be good well into...
...good many effects of the strike still remained. In steel towns across the nation, merchants reported steelworkers were paying off debts and replenishing savings before resuming buying. The biggest strike effect was on the national budget. At Augusta, Budget Director Maurice H. Stans informed President Eisenhower that lowered corporate tax collections traceable to the strike would turn the expected 1959-60 budget balance into a deficit...
...Anderson, friends for 35 years, had joined G. Arthur Brown and their host, George W. Kennedy, board chairman of the Kelsey-Hayes Co., at an exclusive businessmen's duck-hunting preserve on Ste. Anne's Island, on the Canadian side of Lake St. Clair. After a good night's sleep in the island's lodge, the four hunters rose late, sampled the icy (17°) morning air, had a leisurely breakfast. By 9:45 a.m. Curtice and Anderson were seated side by side on cartridge cases behind their blind, with 12-gauge shotguns at the ready...
Help for Free Enterprise. A large part of the credit for the growth goes to Prime Minister Menzies' government, which had the great good sense to help private enterprise uncover the riches of the country. A basic move by Menzies' Liberal government was to ensure peace with Australia's strike-inclined unions. Under the Labor government that preceded Menzies' Liberals, Australia's key unions, then mainly Red-dominated, all but paralyzed the nation by strikes. The situation became so bad during a Red-organized coal strike that the government ordered army troops...
Died. Dr. Sara Murray Jordan, 75, expert on digestive disorders (Good Food for Bad Stomachs) who treated eminent but harassed patients (Columnist Westbrook Pegler, ex-Ambassador Joseph P. Kennedy and his son Senator John); in Boston...