Word: gooding
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Dates: during 1950-1959
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...felt slightly uncomfortable at announcing record profits in the middle of a strike for higher wages. Said an officer of U.S. Steel, the industry's leader: "Our earnings are pretty large. I guess they could come out at a better time. But we are taking it like good sports, proud to have done so well. Even after wage-cost push, depreciation, wasteful practices and such, we still have an awfully big hunk of dough left over...
...executives often disagreed about the best way to construct washers and washer-dryer combinations. Result: the company tried a little bit of everything. Now, under a revamped management team, Hotpoint has completely overhauled its testing and quality control to catch potential defects. The replacement program has generated so much good will for Hotpoint that the company, despite its large outlay, expects to end the year well in the black...
...Good. The result is that the Red Chinese trade offensive has lost its wind both in the West and in Southeast Asia. In the first five months of 1959, the Red Chinese funneled $60 million worth of goods through Hong Kong to Southeast Asia, v. $80 million last year, and exports through Singapore fell 73%. The Canton fair held this spring rang up $79 million worth of trade; last year the total was $180 million...
Peking has become so disturbed by this turn of events that the Peking Daily Worker complained that " 'more' and 'quick' are stressed, but 'good' and 'economical' are ignored" in Chinese industry, even suggested that "individually run enterprises" might be set up side-by-side with state enterprises. To woo back disillusioned businessmen, the Red Bank of China has taken the unprecedented step of accepting claims by traders seeking damages for substandard exports. So far, the Bank has seen fit to rule in the trader's favor only a few times...
Though his nature descriptions are superb, chrysanthemums and moon mist rarely monopolize Author Mishima's vision. He is especially good at charting the whiplash currents of the Japanese temperament, swerving in an instant from refinement to cruelty. His tilt with tradition is spirited but distinctly un-Japanese. Since 1950, the Kinkakuji has been meticulously rebuilt, and may well gaze at its limpid image in the Kyoko Pond for another demi-millennium...