Word: home-grown
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Postwar Windfall. Braving such obstacles, Lusteveco deploys a fleet of 500 trucks on land, a small coastal navy of 16 tankers, 107 tugs and 448 barges at sea, and a string of modern warehouses at major ports. The company moves 80% of the country's vital interisland traffic: home-grown timber, coconut and sugar on its way to port for overseas markets; steel, machinery and other imports headed from Luzon to other parts of the nation. Lusteveco stevedores shoulder nearly all the Philippines' foreign trade borne by ships, which may be docked by Lusteveco tugs, provisioned at Lusteveco...
...grain producers that failed to get guaranteed access to Common Market grain markets during the negotiations, would have required Japan to purchase much of its 5% share of the total grain commitment. Loath to spend cash on that, the Japanese got eleventh-hour permission to substitute a mix of home-grown coarse grains, rice, fertilizer and tractors. Argentina, which fondly expected to sell Japan some of the needed grain, was incensed at the change, only grudgingly signed the final agreement...
...more things change at Compagnie des Machines Bull, France's largest home-grown computer manufacturer, the more they remain the same. Machines Bull, named for the Norwegian whose punch-card system was the company's first product was deep in debt and floundering in mismanagement when, in 1964, General Electric bought half of the firm for $43 million. Charles de Gaulle had hoped for a "French solution" to Bull's problems, but when none could be found he reluctantly permitted G.E. to buy in. Since then, Machines Bull has continued to lose money. It suffered...
...British sports magazine picked him as its "Sportsman of the Year" for 1966. His face has been on the covers of publications in Sweden, Germany and Finland and he was the subject of a TV documentary in France. But in the U.S., Tommie Smith, 22, a home-grown lad from Acworth, Texas, is virtually unknown. He was not even among the ten candidates for the A.A.U.'s 1966 Sullivan Award to the country's top amateur athlete.* And the oversight seems doubly strange because Smith is currently the best sprinter in the world, as well...
Still, those lights and shadows illuminate more than a career. They shed some flickering light on the America of the '30s and '40s, when Hollywood had real home-grown stars and made musical comedies with music and comedy...