Word: higher
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Dates: during 1950-1959
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...firm (sample risks: uranium in New Mexico, frozen orange juice in Florida), which has doubled its worth since 1946. More and more he interested and involved himself in politics. He was for Ike before Chicago, contributed heavily to the Eisenhower-Nixon 1952 campaign, served afterward on presidential committees on higher education, foreign-service organization and foreign economic policy. He called regularly on Dulles, played golf and bad bridge with Eisenhower...
...Olivar has reportedly been offered the coaching job at the University of Southern California. Although similar past rumors have taken him west it is possible that as the years go by his business interests in California might lure him to the West Coast appointment which would presumably carry a higher salary, as well as a larger degree of freedom in obtaining top football talent. He previously coached at Loyola of Los Angeles...
...their prosperity, Canada's consumers and businessmen developed a tremendous foreign-buying urge. They spent a record $5.8 billion outside their country for consumer goods and industrial equipment, running up an import bill that was a full $1 billion higher than the country's export earnings. Such a trade deficit could have been ruinous to a less prosperous country, but Canada took it in stride: the heavy flow of foreign (mostly U.S.) investment offset the drain on gold and dollar reserves. As the year ended, Canada's currency position was so strong that the Canadian dollar rose...
...Payoff. Part of the cost the U.S. paid for such prosperity was rising prices. The cost of living, stable for three years, edged up 2.4% to 117.8 on the 1947-49 index. Some of the rise was due to higher food prices, which meant that the U.S. farmer, who often complains that he has been the forgotten man of the boom, was finally coming out of his slump. Thanks to increased consumption and an $8.5 billion Government investment in price-support and soil-bank aid, farm income showed a 4% rise, the first upswing in four years. Yet few consumers...
...mergers, more than in any year since 1949. The problem was how to let big business expand to meet the needs of the growing economy without destroying the climate for new and small businesses on which the future health of the nation depends. Though new business starts were 14% higher than 1955, business failures increased even more-to 17%. At year's end a major test case filed by the trustbusters to block the merger of Bethlehem Steel (No. 2 steelmaker) and Youngstown Sheet & Tube (No. 6) gave businessmen hope that the courts would lay down a new philosophy...