Word: lowe
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
Burden of Reconstruction. It was in the course of a Harvard Commencement Day address by then Secretary of State George Catlett Marshall that the plan was officially born. "I need not tell you gentlemen that the world situation is very serious," began Marshall in his precise, low-key style. "The truth of the matter is that Europe's requirements for foreign food and other essential products-principally from America -are so much greater than her present ability to pay that she must have substantial additional help or face economic, social and political deterioration...
...wealthiest complex of nations in the world, with a combined gross national product of $508 billion, v. the East Bloc's $443 billion. Only two former Marshall Plan members-Greece and Turkey-are still receiving U.S. economic aid, most of it in P.L. 480 food surpluses and low-interest loans. Out of the ashes of World War II, the nations of Western Europe have forged not only a Common Market but also a sense of common interest that, for all the disruptions and distractions caused today by Gaullist France, may be destined to achieve the economic force and political...
...served by the Pennsylvania-New Jersey-Maryland Interconnection, a power grid serving those three states plus Delaware, Virginia and Washington, D.C. It began in southeastern Pennsylvania, when a 230,000-volt power line abruptly surged with 606,000 kilowatts. The overloaded line heated up and cross-circuited with a low-voltage line. The Philadelphia Electric Co. had twice warned system dispatchers to anticipate a heavy load and split it between two lines, but the orders, for some reason, were disregarded. The short circuit automatically shut down Philadelphia Electric's Muddy Run power station. Inexplicably, two other generating plants...
...expensive luxury watches, to the detriment of Bulova's essentially medium-priced (average retail cost: $60) line. On the other hand, the U.S. Time Corp., having found a way to anodize the aluminum cases on cheaper watches to make them resemble gold, was carving out a huge, low-price market with its Timex models. As a result, while the total U.S. market increased by 25%, Bulova's sales were skidding...
Humming. Most important, Henshel complemented the company's basic Bulova watch by introducing two new lines: the low-priced ($10.95 to $29.95) Caravelle, designed to compete with the Timex, and the top-quality Accutron ($125 and up), a battery-powered electronic watch whose tuning-fork action assures precision, makes the timepiece hum instead of tick. So fast did the new lines catch on that Bulova figures their combined dollar-sales volume during the past fiscal year exceeded overall watch sales of either of Bulova's chief U.S. competitors, Elgin and Hamilton. Not content with that, the company further...