Word: importance
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Dates: during 1950-1959
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...world wheat glut. Ranchers, penalized by taxes and government cheap-meat policies, are producing less beef and wool-the country's mainstay exports. So serious are the shortages that 4,000 packinghouse employees have been laid off and the government has even been forced at times to import cattle, both for local consumption and for export as corned beef. Moreover. Uruguay's Swiss-style federal-council government must continue to pay 150, 000 government employees (in a population estimated at 3,000,000). carry on an elaborate pension plan, and absorb the losses of at least seven mismanaged...
...strikers, variously hit by the economy's contradictions, have more than higher wages on their minds. Packinghouse workers demanded that the government import more Argentine cattle to provide work. A group of Montevideo doctors struck for duty-free automobiles. Teachers-college students struck for preference in teaching appointments. There is a growing tendency toward brief general strikes in support of particular union's demands. Communists, tolerated by the government, energetically back every strike, prolonging each as long as possible...
...Icelandic is negotiating for a sizable loan from the Export-Import Bank to buy new equipment, hopes to have two turboprop airliners on its Far North routes by 1959. Since faster, bigger planes will bring higher revenues, Icelandic expects to keep bargain fares for years to come. Says Craig: "They call us cut-rate, and I'm proud...
VOLKSWAGEN BOOM is buzzing along so fast that used cars originally slated for European drivers are being brought into U.S. and sold as import models. Franchised Volkswagen dealers are worried because made-for-Europe models lack safety devices that many states demand, e.g., shatterproof glass, directional signals, sealed-beam headlights...
Escapade (Daniel M. Angel; DCA), true to its title, fails to quit when it is ahead. A British import based on Roger MacDougall's long-run London stage hit, the film gets on splendidly as long as it rambles puckishly in the classrooms and dormitories, spying on the rebellious antics of Ferndale School's mischievous boys. But when it suddenly converts its juvenile comics into a pack of stern little pacifists campaigning for world peace, it grows about as hilarious as a U.N. committee session on genocide...