Word: leveler
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Dates: during 1950-1959
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...long ago by Jacques Soustelle. Said he: "Metropolitan France now consumes more than 20 million tons of oil a year. This was the basic factor that for years brought our trade balance into the red. When in five or six years consumption reaches the 36 million-ton level, we will be able to pump between 30 and 50 million tons out of the Sahara...
...contrast with the low level of his prestige during the troubled days of 1958 (when he was more respected abroad than at home), the young King's comeback was spectacular. Ironically, he owes much of his new popularity to the fact that he has established friendlier relations with his old adversary, Gamal Abdel Nasser, who remains the hero of Arab nationalism, even if the enthusiasm of Jordanians for direct union with Egypt has waned. The border between Syria and Jordan, closed for weeks by Nasser's United Arab Republic, was ordered reopened by Cairo, and last week Hussein...
Paying a Little Back. Tijerina soon opened nine more schools, got strong support from Texas Governor Price Daniel, who appointed him to a top-level committee studying the state's educational needs. This spring, of dozens of appropriations urged by the committee, the only one passed by the frugal state legislature was a $1,300,000 bill to set up Tijerina-style schools throughout Texas. Reason: hundreds of five-year-olds have now had the Tijerina treatment, and less than 5% have flunked the first grade...
...inventory increases largely reflected a buildup of steel stocks in preparation for the strike which showed no signs last week of being settled. Merchants were also prompted by soaring sales. Despite the rise, the ratio of stocks to sales has edged down to the lowest level since...
...first peacetime month since the depression times of 1937, the U.S. imported more than it exported last June. Excluding military goods, exports dipped to $1,348,000,000 and imports rose to $1,369,000,000, up a walloping 33% from the year-ago level. Reporting the figures last week, the Commerce Department warned the U.S. to expect several more months of trade imbalance. In 1959 the U.S. will show an export surplus, but just barely. Exports, which dropped from a record $19.5 billion in 1957 to $16.3 billion last year, will slide to an estimated $16 billion. Imports will...