Word: growths
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Dates: during 1940-1949
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...biggest Army in U.S. history long ago outgrew its traditional setup. As the growth of the service has created new and bigger jobs, the old system of rank has not kept up with the procession. Normally a major general (two stars) commands a division; a lieutenant general (three stars) commands a corps, which is a group of divisions. Groups of corps are formed into armies and now armies into army groups...
Some economists have regarded the steady expansion of the service industries as a parasitic growth. Social Scientist Grattan rebuts the theory that service industries create no new wealth as "antiquated nonsense." To Grattan, who realizes that technological improvements tend steadily to reduce factory work toward button-pushing by fewer & fewer workers, a higher standard of living means many more services, and thus more opportunity for employment outside factories...
...front of the tablet, surmounting the turtle-dragon, is inscribed a message from the Chinese graduates. The letters, surrounded by wolrd carvings of snakes, dragons, flowers, and mythological figures, spell out a statement of congratulations and encouragement for the University, extolling her as a main factor in the growth of the intellectual knowledge of the American people...
...present tax, says C.E.D. , stunts the growth of a small company. Reaching into the stream of business operations, the tax grabs vital funds where & when they would be most likely to create more jobs, increase wages, or reduce the price of goods manufactured. This does not mean that corporate earnings remaining after payment of the proposed normal 16 or 20% tax would go taxfree. Paid out as dividends to individuals, such sums would be taxed in shareholders' hands...
...vast forests, learned that dead timber was useful when smart operators began logging the scene of the tremendous Tillamook fire in 1933, almost as soon as the ashes were cold. But wartime demand has produced scores of smaller woods-salvage operations. The best plywood logs are from virgin-growth trees, but chunks need be no longer than 8½feet. As a result farmers are logging lo-foot stumps left by pioneer woods crews near Grays Harbor, and selling them for prices ranging from $20 to $40. And the rush to harvest long-dead timber is eliminating many an ancient...