Word: lumbers
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Dates: during 1960-1969
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...cloth to be used in products as diverse as automobile seats and jute suits. Nearby, Adamjee has just opened a new factory that will ensure even greater use of Pakistan's jute crop by producing particle board out of jute stems, providing a low-cost wood substitute for lumber-poor Pakistan. He is also almost single-handedly diversifying Pakistan's industry, using jute profits to build a $2.1 million cotton mill, a $6.3 million sugar refinery, a tea company and a vegetable-oil plant in other locations...
...years, a resolute Tennessean named Welby Lee has searched for the hit-run driver who hurtled out of the gloom on a rural road and killed his father on New Year's Eve, 1944. With only a broken bumper guard as solid evidence, Lumber Merchant Lee, now 51, traced scores of cars, braced dozens of suspects and traveled 100,000 miles before he caught up last summer with Grover Jones, 55, now an Indianapolis handyman. Lee amassed 153 pages of circumstantial evidence, and Jones was indicted for second-degree murder...
...that, the price increases have been scattered and without any ominous pattern. Some industries, such as chemicals, have had to rescind price increases because the market would not bear them. Though increases outnumber decreases, there have also been numerous price declines, for example in fuel, lumber, industrial pumps, electrical circuits, color TV sets. The wholesale price index, though an imperfect indicator, has stayed flat for many months. The more sensitive index developed by the National Bureau of Economic Research has been rising, and the consumer price index has been rising steadily too - but at a pace that economists consider normal...
Scandinavia's smallest, most thinly settled population (3,600,000) is in Norway, a beautiful land that is 75% lakes, mountains and glaciers. To sustain its people, Norway exports lumber products, aluminum and 90% of the catch from rich fishing grounds such as the Lofoten Islands. But the nation's most vital resource is its merchant fleet. With 2,833 freighters in operation, Norway has more tonnage afloat than the U.S. One man who controls much of Norway's shipping is Niels Onstad, who lives in a spacious white mansion outside Oslo with his wife, onetime Skating...
...imposing order on his violent little land, he has been able to push new roads through the hinterland to the Bolivian, Brazilian and Argentine borders. Following behind the bulldozers are settlers, clearing and cultivating the 40,000 plots of unused government land that have been distributed to peasant families. Lumber, beef and leather are growing businesses. Last year exports climbed to $40 million, highest since World War II, while imports fell enough to give the country its first trade surplus in five years. The cost of living rose only 1.1% last year v. 26% in neighboring Argentina...