Word: low-cost
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...urgent study of methods for converting excess grain into low-cost protein foods, e.g. canned meat, powdered milk and eggs, for distribution at home and abroad...
...meeting opened against a background of Castro-incited unrest, as 400 raging demonstrators tried futilely to charge the hall. Next day the ranking critic of the U.S., Brazilian Delegation Chief Augusto Frederico Schmidt, led off by charging that the Eisenhower plan-which is devoted to such social objectives as low-cost housing, improved education, land reform-is not enough. Schmidt, Brazil's gruff businessman-poet, is the man who devised Brazil's Operation Pan American, a much more grandiose idea. Said he: "We cannot eliminate the old enemies of this hemisphere with temporary tactics." Was $500 million...
...Eisenhower plan is deliberately aimed at producing quick, visible results, such as low-cost housing. It does not tackle the hard, basic job of building an industrial economy that will routinely produce good-paying jobs and good housing. Doing that job, says Under Secretary of State Douglas Dillon, U.S. delegation chief at Bogota, and a thoughtful banker with a refreshing disdain for diplomatic cant, may easily cost $10 billion...
...should "lead or inspire'' regional confederations of free nations. First in urgency: a "North Atlantic Confederation," in which major Western nations would build a common market with a joint program of aid to underdeveloped nations. Next: a "Western Hemisphere Confederation" to speed industrialization, land reform and low-cost housing construction in Latin America...
...Sputnik I and applied them to practical purposes, the Transit system is scheduled to have four satellites in orbit by 1962. They should be able to give every spot on earth a navigational fix, accurate to the quarter mile, every 90 minutes. Any ship with a whip antenna, a low-cost computer and a receiver will profit from Transit - and that includes missile-bearing submarines, to which navigational accuracy is utterly vital for finding their targets...