Word: letup
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Dates: during 1950-1959
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...grain output in 1957 will be lowered by 12%. Instead of driving one-half of China's peasants into collective farms in the next 2½ years. Peking will be content to drive only one-third of them. But let no one imagine that this means any letup in the drive to collectivization, said Li Fu-chun. "China's small peasant economy" must be abolished and replaced with "collective farming...
...President Eisenhower should take the lead at the Big Four conference with a "bold and resolute" plan for world wide disarmament. "There never has been a more promising time than now for such a step," the old man said. Adenauer's reasoning is that the Russians want a letup in the arms race because they have their hands full with problems at home (see below). The West, therefore, can afford to ask high terms. Most of all, it need not bargain over German unity, "which will be achieved in due course," whatever the Russians do. Explained an Adenauer aide...
Whether impressed by Western strength, concerned by their own weaknesses, eager to ride the prevailing winds, or moved by a combination of all these factors, the Communists were acting as if they were anxious to negotiate a temporary letup in the cold war. The situation was once again fluid, and diplomacy was once again out of the trenches...
...more than the most bullish estimate of 1955's production. As for steel, the bank noted that 26.9% of the industry's output is being taken by automakers, and cautioned: "Any setback in auto production will . . . cut considerably into steel output." It cannot go on without a letup, said the bank. "At some point . . . [either] labor troubles, inventory adjustments or model changes ... is likely to be a temporary source of weakness." The National Industrial Conference Board backed up this view: by midyear, "sales and production of 1955 models in the eight months since November 1954 will have come...
...economy last week provided some fuel for both the sliders and the saucerites. Sliders, for instance, could point at a Commerce Department report that showed unemployment up 510,000 in January, to 2,300,000. The seasonal letup in building activity and post-Christmas layoffs in retail stores accounted for most of the drop, but total employment slipped to 59.8 million, below 60 million for the first time since March...