Word: grains
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Dates: during 1960-1969
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Surprises All Around. That was stretching it some. Violence and confusion have been the country's unhappy lot ever since the military toppled Arturo Frondizi 16 months ago and installed Puppet President José Maria Guido in his place. As the once prosperous land of grain and meat fell into economic chaos (the cost of living soared 50% last year), the military promised constitutional elections and a return to democracy. But the soldiers could not agree on when to hold elections, or how much democracy to allow the 3,000,000 followers of exiled Dictator Juan...
Millions of peasants were herded into people's communes and hitched to plows. Peking broke up families, tried to ban money, jerry-built hundreds of "backyard" steel furnaces. The slogan was: "Communism can grow grain and make steel." Through brawn and "revolutionary romanticism" China was to turn almost overnight into an industrialized land. The Great Leap Forward was hailed as a short cut to Communism -and a slap at Moscow. Khrushchev warned that it could not be done. After a few months the experiment indeed collapsed. Gloating over the failure, Khrushchev told visiting Hubert Humphrey that...
Shrivers fought in the French and Indian War and the Revolution; Sargent's grandfather rode as a teen-ager with Jeb Stuart in the Confederate cavalry. Shriver was reared in Maryland, a devout Catholic and hard-core Democrat. There was a fair amount of money from the family grain mill, built in Union Mills, Md., in 1797, and from a canning business. The son of a Baltimore bank vice president, Sargent prepped at Canterbury School, New Milford, Conn., went on to Yale, graduating cum laude in 1938, got his law degree three years later. While he was still...
...Pearson's Finance Minister Walter Gordon. Business is reacting bearishly to a proposal to eliminate the 11% manufacturing sales-tax exemption that has been enjoyed by building materials and industrial machinery. Calgary's Keith Construction Co. has suspended sales of all houses now abuilding, and R. L. Grain, Ltd., a business-forms producer, has temporarily halted a plant it was planning for Toronto. Oilmen estimate that the proposal would cost them $20 million a year...
...acres of lowland to create the Europoort. It needs all the room it can get. Gulf is building a new refinery in the Europoort, Tidewater Oil is moving in, and Britain's big Imperial Chemical Industries has already started a petrochemical complex. The port is building a new grain harbor whose 420-meter jetty will be the world's biggest. Last week, contracts were signed for a $25 million Benelux Tunnel under the Maas River to make access to the outer port easier; Rotterdammers are also building a subway in the soggy soil by dredging a canal down...