Word: know-how
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...development. Capitalism must shoulder what President Harry Truman called a "bold new program." Specific examples of what capitalist enterprise can do were given by Nelson Rockefeller, president of the International Basic Economy Corp., a business with the avowed purpose of raising living standards through the use of American know-how in backward areas. The audience sat fascinated as he told how the corporation saved Brazil $100 million a year by spraying coffee plantations with an insecticide, killing an African pest called broca. With obvious pride in American resourcefulness, he gleefully described how the updraft caused by the helicopter presses...
Burke's speech exhibited the advantages which independence found for America. Extensive immigration, he said, would have been impossible under British rule, and America's technical know-how would have been retarded. This industrial efficiency, he said, "is a benefit to mankind...
...Army, Navy, Air Force, and Coast Guard; the British War Office and Ministry of Information; the National Film Board of Canada and other hitherto inaccessible sources suddenly made 165,000,000 feet of restricted war-film available for the project. Fortunately, MOT had the staff (120) and the know-how to cull and present...
This week, Bermudez, still trying to get U.S. know-how to help his inefficient monopoly, landed a bigger fish. He signed a contract with a new company, the Mexican American Independent Co., giving it a twelve-year concession to drill wells along Mexico's tidelands near Yucatan and elsewhere. The new company was formed when Edwin W. Pauley, California oilman and good friend of President Truman, joined up with Ralph K. Davies. of the American Independent Oil Co. (TIME, Sept. 1, 1947) and Samuel B. Mosher of California's Signal Oil & Gas Co. The new Pauley company would...
...Exporting private U. S. capital and know-how to "underdeveloped areas...