Word: lumber
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Dates: during 1950-1959
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...Communists harvested most heavily in the tiny clearings of Finland's northern forests, where impoverished smallholders try to farm their skimpy tracts in the summer and seek lumber-camp jobs the rest of the time. This year, when the big pulp and paper firms had no jobs at all to offer in the pineries, the ruling Agrarians complacently tried to hold the peat-bog farmers and other workers of the land with sky-high agricultural subsidies. The Communists, led by handsome Hertta Kuusinen,* shouted that the men of the forests wanted jobs, not fatter butter prices-and took five...
What changed him Biographer Daniels does not know, and he refuses to guess. Perhaps the general simply could not confine his venturesome ego to a small Philadelphia lumber business and a placid, happy marriage. Backed by capital that may or may not have come from Wall Street, Littlefield went back to the South in 1867 with a bold scheme that was tactically watertight-and morally as leaky as a sieve. The plan was to buy up defaulted North Carolina railroad bonds for pennies, lobby or bribe the legislature into redeeming them, and sell on the rise. Littlefield found a ready...
...lived mostly with his mother, but he spent his summers in Vermont under the tutelage of his grandfather. He scratched through four years at Dartmouth, studying economics, singing (basso) in the glee club, hiking the hills and mountains of the north country. For 18 years Adams worked for a lumber company in Lincoln, N.H. In the logging camps and offices, Sherm Adams was known as a rugged woodsman and boss who worked ceaselessly and kept his mouth shut. To Rachel White, the lively, attractive girl he married in 1923, Sherm was known fondly as "the Great Stone Face...
...happened some weeks ago. The question now is how fast the recovery will spread. "Even the incomplete data for the second quarter add up unequivocally to more than a seasonal gain." Not only did defense outlays and public works shoot ahead, but housing, car sales and production of steel, lumber, apparel, aircraft, petroleum were all on the upgrade. The FRB index of production, which rose a point in May, will probably be up another point for June, said FORTUNE. "Together, these gains add up to an all-around recovery." FORTUNE'S predictions through 1959: the gross national product will...
Construction showed a $400 million gain to $4.1 billion in May-and gave the Northwest's troublesome lumber industry real hope for better business. Though output is down 10% from last year, lumbermen talk encouragingly of a second-half push that might carry the industry 2% or 3% ahead...