Word: makers
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Dates: during 1950-1959
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...coal-mining regions. Roman Catholic Lawrence may have trouble in the rural Bible belt; Pennsylvania has never elected a Catholic Governor. All the while, Republican McGonigle (a Lutheran) is whaling away at the sins of Democratic Governor George Leader (who is running for the Senate), and Pretzel-maker McGonigle's earnest approach is winning small but sympathetic audiences. But in machine-ridden Pennsylvania, sympathy rarely wins elections...
...supposed to be a policy-maker, a guide, a Legislator a la Rousseau, but a constitutional and national conscience: the man who sees to it that the political community of France survives in spite of all the accidents of history. His power of arbitration consists mainly of two weapons: the right to dissolve the National Assembly, and the right to take almost unlimited emergency measures in case of extreme danger to the state...
MUTUAL BROADCASTING, with 448 affiliates in the U.S., has been taken over by Scranton Corp., controlled by Detroit's F. L. Jacobs Co., auto-parts maker. Scranto'n paid more than $2,000,000 to syndicate headed by Los Angeles Oilman Armand Hammer, which bought Mutual for about $660,000 last year...
...highly touted, fast-rising stock, now selling at 56^-or 26 times earnings. The competition in the industry is growing so rough that competitors still question whether Litton is strong enough to compete over the long run. Tex Thornton himself expects that many a promising, new electronics maker will be shaken out of the industry. Says he: "The same thing will happen in the relatively new electronics-based industry as in autos and aircraft. All industries have gone through a maturing phase, and a few companies emerge to stabilize the industry. In five years or so, a few dominant companies...
...topnotch firms as Nikon and Canon, whose cameras are cheaper and almost as good as the best German makes, Japan now enjoys a $6,800,000 export market in the U.S. The Japanese are convinced that it could be bigger still were it not for dozens of other camera makers, who get around export regulations by labeling their third-rate products "toys." Once Japanese businessmen winked at the practice. Today, it aggravates them so that Matsushita Electric Industries Co., Japan's biggest electrical-communications maker, withdrew from the U.S. transistor market "rather than lose face." Matsushita intends to launch...