Word: grossness
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Dates: during 1960-1969
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...distinctions are to some extent academic. Each side can now substantially destroy the other even without striking the first blow, and marginal changes in either quantity or quality of weapons will not change that fact. Hence a rough balance exists. Both sides are also spending heavily. However, proportional to gross national product, the military burden weighs less on the U.S. than on Russia. Mutual escalation could only end in a new balance at a higher and more expensive level...
...settlement. In an obvious bid to win the support of other nationalist army officers and businessmen, Velasco asserted that I.P.C. owes Peru $690.5 million for all the oil that it has pumped from Peruvian soil. To recover at least a part of that sum, representing I.P.C.'s entire gross sales for the past 44 years, Velasco plans to auction off the company's properties within the next 40 days...
...Great Trauma. In many countries, people refuse to wake each other, thinking that a man's soul wanders at night and may not have time to get back if sleep ends prematurely. But for industrial societies, the schedules are merciless. Rising at the crack, grumped German Journalist Johannes Gross recently, condemns modern man to the life of peasants. Mutters Pablo Picasso, "I understand why they execute condemned men at dawn. I just have to see the dawn in order to have my head roll all by itself." Hungarian Author Ferenc Molnar was so unaccustomed to daylight that once, when...
...Congressmen from North Carolina, Kentucky and other primary tobacco-growing states also raised objections. They had some important economic arguments. Altogether 18 states raise tobacco in significant amounts; millions of Americans are somehow involved in tobacco growing, processing or marketing; cigarettes last year contributed $8.4 billion to the gross national product and $4.1 billion to federal and local taxes. Beyond that are the intricate legal and moral questions of whether the Government has the right to limit several lines of businesses, even for the sake of public health...
...Interstate Commerce Commission deserves every one of its superlatives: it is the oldest and largest of the federal regulatory agencies - and the most ineffective. Overseeing some 18,000 companies involved in transport by truck, rail, waterway and pipeline, the ICC regulates industries that account for 20% of the gross national product...