Word: high
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Dates: during 1950-1959
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...Under Secretary for Economic Affairs C. Douglas Dillon, by all odds the Capitol Hill favorite, and probably (if agreement in principle is the prevailing factor) the likely choice of Foster Dulles himself. Dillon also rates high with Ike, but to name him would be to move him ostentatiously over Herter's head...
...Chase Manhattan Bank. Philadelphia-born, Amherst-and Harvard-educated. Lawyer McCloy left a thriving New York practice in 1941 to become Assistant Secretary of War, served until war's end, later became president of the World Bank, resigned to take over from General Lucius Clay as U.S. High Commissioner for Germany in 1949. In Germany he won the esteem of SHAPE'S Commander Dwight Eisenhower, has remained one of Ike's close friends...
...teeth of a cold, hostile, subsidy-loving audience, the President of the U.S. last week laid down his philosophy that Government aid should be a stopgap thing and hinted strongly that it was high time for his listeners to stop asking for more subsidies. Occasion: the meeting of 8,000 delegates to the 17th annual convention of the National Rural Electric Cooperative Association, lobbyist for the farm co-ops subsidized by the U.S. under the Rural Electrification Administration...
...They Like It." West Germany's success story owes most to the skill of its technicians and the acumen of its businessmen. But the German tradition of high quality has also gained from the shoddiness of some postwar U.S. products and from the fact that Russia's achievements in rocketry have created doubts about U.S. technological preeminence. German traders have also won an enviable reputation for fast delivery. Last summer when Saudi Arabia's King Saud decided he needed a three-truck caravan (sleeper with bath, dining car with throne, and a supply van), British and French...
...Soviet-bloc nations are muscling in on the Middle East, particularly in the field of heavy construction, where the West Germans previously had a clear lead. Last December, despite the fact that West German experts were the first to make technical studies of the proposed Aswan High Dam, Nasser's United Arab Republic, in accepting Russian financial help, pledged itself to give Russia exclusively the first five years' construction work. This month Russia grabbed off 20 choice, long-term industrial projects in Iraq...