Word: hand
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Dates: during 1950-1959
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...capital city of San Juan (pop. 400,000) sits on two islands between a bay and a lagoon. Its sights are blue-bricked streets, ancient masonry, white skyscrapers, rain-dappled, flamboyant trees, traffic jams of Fords, Chevies, Opels, Consuls, Taunuses and Vespa scooters. In the old city, hand-printed poems of amor on sale at 25? flutter from a clothespin in a dowdy doorway next to a modern furniture store whose neon sign shouts: "Use Nuestro Layaway Plan." But San Juan also has festering El Fanguito and neighboring swampland slums of stilted crackerbox shanties, partly cleared but still the home...
...that point Puerto Rico, its hungry people jamming an eroded land without oil, coal or iron, looked hopeless. Undeterred. Muñoz counted the island's assets: plentiful labor, an open door through U.S. tariff walls for anything the island could grow or make, a ready-to-hand brain trust of half a dozen bright young U.S.-educated economists, professors and businessmen. Among them: Rafael Pico, now president of the government's bank, and Roberto Sánchez Vilella, now Secretary of State (Vice-Governor). Rex Tugwell. named Governor, implanted an efficient civil service and a knack...
...manufacturers, big and small, poured in, chiefly to make products-pens, radios, brassieres, baby shoes-that needed a good deal of hand work and could be transported cheaply. Hastening to the island came Paper-Mate, General Electric, Maidenform, B.V.D., Consolidated Cigar, Weston, Union Carbide, Parke, Davis & Co., Remington Rand, Bostitch and others (see map). Last week the 667th factory-a cutlery plant in Gurabo -went into production. For the catalytic $40 million in loans, plant construction and promotion, Fomento got the island $275 million in investment, 80,000 new jobs. Like the moving needles on the instrument board...
...alarming 30%. Secretary Anderson set out to lengthen the average maturity of the federal debt, which had shrunk to 57 months, thus keep the Treasury from going to the market so often. He hoped to lessen competition with municipal and corporate issues, give the Federal Reserve a freer hand in controlling the money supply. In spite of complaints from money men that long-term issues would hinder the easing of money rates, Anderson tried several such issues. He judged the market shrewdly. Fortnight ago his longest-term issue (27 years), for $1 billion, was heavily oversubscribed...
...because "what I really liked was persuading people." Her flair for entertaining copy made her a top creative writer, earned a vice-presidency in 1949. Today she wears three hats. She is chairman of the Creative Plans Board, administrative director of the 300-man Creative Division, and takes a hand in the development of talent in the agency's training program. Even more important is a fourth hat, the one she wears as Mrs. Charles D. Peet of Bronxville, wife of a Manhattan lawyer, mother of a son, 22, a daughter, 12. She and her husband duck Manhattan nightlife...