Word: growed
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Dates: during 1950-1959
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From sun-beaten ports in the Gulf Coast a monstrous, ungainly fleet is putting out to sea on a dramatic mission. It is the "navy" of the offshore oilmen, and never did stranger ships sail on more venturesome voyages. Some of the craft bristle with giant cranes; others grow forests of steel columns as tall as Douglas firs. All of them clank and roar with violent machinery. Alongside conventional ships built for more seemly duty, they look as clumsy as cassowaries splashing in a lake of swans...
Most industrialists diversify to 1) hedge against recession, 2) even out seasonal ups and downs, 3) give a company room to grow, 4) make up for the cyclical swings of a market. For example, to offset the big fluctuations in basic steel production (now down 30% when all industry is down only 10%), Republic Steel diversified into such things as steel kitchen cabinets and chain...
...GROW or Die" is the chief axiom of U.S. businessmen. Never have more businesses grown faster-and fewer died-than in the years since war's end. But size alone is not the remarkable thing about this business growth...
Aristotle Socrates Onassis, who added the world's biggest tanker to his 100-ship fleet only two weeks ago (TIME, June 14), is not the man to let barnacles grow. Last week, out from a Kiel shipyard for a trial run with Onassis on board sailed his new yacht, probably the fanciest private ship afloat. Called the Christina (after his wife), Onassis' floating palace is a 1,445-ton, 303-ft. Canadian destroyer escort (Stormont) rebuilt into a yacht at an estimated cost of $2,500,000. In the afterdeck is a marble swimming pool, with a mosaic...
...Walter Eugene Packard drove out to Anthele from Athens. As plainly and unmistakably American as the prostyle of a Midwestern bank, he joined the villagers for coffee and sweets at the local inn and promptly got down to business. "Some of us," he told his listeners, "think you can grow things on this land of yours. Rice, for instance." Torn between skepticism and wonder, the farmers of Anthele listened respectfully as Packard went on to outline a plan whereby U.S. money and Greek labor might be combined to test the fertility of the plain of Anthele...