Word: mille
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Dates: during 1950-1959
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...Society in Beirut, Lebanon, which is 35 ft. by 23 ft., with foot-high Wise Men, shepherds, animals moving in opposite directions against a papier-mâché background of Judea. Overhead, the Star of Bethlehem and angels wheel through the sky, real rain falls, water turns a mill wheel, and on a silken coverlet a Christ child (wired for six volts) raises his head and opens his blue eyes...
...Goal: More Growth. The Bakalar brothers run their three plants, which employ 4,300 workers, with an informal touch. In their rambling Wakefield, Mass, headquarters, which was once an underwear mill, the Bakalars share a secretary, avoid written memos, and do most of their business in corridor conferences with staff members. Decisions by Leo, 46, who serves as treasurer and chairman, and David, 34, who is president, have equal power. To justify the price of Transitron's stock (now selling at a steep 45 times projected 1960 earnings) the company is expected to diversify, use the 2.1 million shares...
...lack of water and trained workers. Besides, there was the powerful new force of Japanese competition. But Chen Che Lee, a wealthy young Shanghai cotton manufacturer, fooled the experts. In 1946, with $1,500,000 borrowed from friends, Lee established South China Textile, Ltd., the first major textile mill in Hong Kong. Over the past decade, problems have been over come, and from Lee's daring example has grown an industry that this year will ex port $110 million worth of garments. So successful is Hong Kong as a garment center that U.S. manufacturers and labor unions now want...
John Stuart Mill, in his essay On Liberty, considered eccentricity in a nation's character to be "proportional to the amount of genius, mental vigor and moral courage it contained." Britain has always esteemed such doughty dotties as the 19th century Roman Catholic naturalist, Charles Waterton, who devoted his life to exterminating black rats in England on the ground that they were foreigners smuggled into the country by Hanoverian Protestants. The 1951 Festival of Britain even set aside a section of one pavilion to commemorate oddballs. Britain's contemporary eccentrics manifest more energy than originality, but Britons...
...ingot output last week hit a surprising total of 78.9% of capacity, or 2,233,000 tons. This was nearly 20% better than anticipated and close to the 2,252,000-ton output in the last pre-strike week. As the glowing ingots moved from soaking pit to rolling mill and out to customers, the glow spread through the U.S. economy...