Word: meagerness
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Dates: during 1960-1969
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Weakened Willingness. The U.S. feels that if the Russians want to trade, they should be forced to use up their meager gold reserves and not be granted what they want-long-term credits. Such credits would release massive Soviet investment for military needs and divert free-world resources from aid to underdeveloped nations...
...told, the donors have lent or given $13.8 billion worth of aid-with the U.S. supplying nine-tenths of the total, or nearly $12 billion. There have been some impressive results. In all recipient areas, new factories, hydroelectric plants and highways have sprouted. The recipients, sharing their own meager know-how, have trained 2,691 of one another's students in a technical exchange program. Industry has burgeoned in the plan's 13 years, is still expanding at a robust 8% annually-but in most of the recipient countries, it started almost from zero...
...Dutch are bound to gain. Some of the gas will be used to fuel new aluminum and ammonia industries in The Netherlands, and about 15 billion cubic meters will be exported yearly to prop a narrowly unfavorable balance of trade. Gas will also replace the country's meager supply of coal as consumer fuel. As a result of the finds, gas prices for Dutch householders are to be lowered 25% next month...
Basic Loss. For research and development, both public and private, the U.S. last year spent $14.7 billion, or 2.8% of its gross national product. Among Europe's big nations, only Britain invested about as much of its G.N.P.-2.7%. Germany spent only 1.4%, France 1.3%, and Italy a meager .4%. One reason for Europe's low spending is that European governments have done little to spur research and development. Germany's former Chancellor Konrad Adenauer was accused of pfennig-pinching, and his prospering government diverted only $700 million into R. & D. last year. By contrast...
Despite its rather meager production of 52 points in four games, the Crimson offense has occasionally been very impressive. Wally Grant has displayed an unusual combination of quickness and power in his runs, and could become one of Harvard's greatest football players. John Dockery, a less-publicized sophomore, runs the 100-yard dash in 9.9 seconds and performs the rather startling maneuver of catching passes thrown to him. Grana, solid as a blocker and defensive player, once in awhile runs with the irresistable character he manifested as a sophomore. Bassett has had too many passes dropped by his receivers...