Word: leveler
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Dates: during 1950-1959
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...Soviet Union, and upon their chief allies. But does mutual devastation spell mutual defeat? The Soviets answer: no. The priority strikes will destroy the enemy's strategic air and missile bases insofar as these are known. Major cities and industrial centers, on a lower level of priority, will also suffer heavily. Radiological and bacteriological weapons may be used. But this enormous mutual destruction will probably consume the major portion of the respective long-range air and missile forces. Thus the efforts of these forces would in a sense cancel each other...
Even in West Germany, where the index of industrial production in May of this year slipped a fraction below the 1957 level, Economics Minister Ludwig Erhard told the Bundestag: "I do not doubt that the pulse of our economy is somewhat weaker...
Frankness, said the President of the U.S. last week to the Canadian Parliament, "is a measure of friendship." By that measure, relations between Canada and the U.S. had rarely moved on a friendlier level. Dwight Eisenhower bluntly defended some U.S. policies that had offended Canadians; on other points he offered significant concessions. But the major achievement of President Eisenhower's visit was simply the warm and easy relationship that he and Prime Minister John Diefenbaker of Canada developed in three days of close association...
HAMILTON WATCHES will be assembled in Switzerland to take advantage of lower Swiss wages (one-third the level of U.S. wages). Swiss watch cartel voted to admit Hamilton, first firm to come in since cartel was started in 1934 (other U.S. watchmakers, e.g., Bulova, Benrus, began producing earlier in Switzerland...
...future activity-rose from $2.1 billion in the opening quarter to $3.9 billion in the second, $4.7 billion in the third and an estimated $5.3 billion in the final quarter. New construction orders rose even more swiftly than the overall rate: from a $40 million-a-month level last fall to $300 million in June...