Word: nationalism
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Dates: during 1950-1959
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Stones in the Street. Last week, daily papers across the nation front-paged yet another art discovery, in Hollywood. Appropriately supercolossal, the story raised a mushroom cloud of dust and then rapidly evaporated. The announcement was made in the office of Hollywood's wide-screen Lawyer Jerry Giesler. There, Chicago Restorer Alexander Zlatoff-Mirsky announced that an Italian-born TV repairman named Alfonso Folio, now of Pasadena, had been living for years with $10 million in pictures under...
...good many effects of the strike still remained. In steel towns across the nation, merchants reported steelworkers were paying off debts and replenishing savings before resuming buying. The biggest strike effect was on the national budget. At Augusta, Budget Director Maurice H. Stans informed President Eisenhower that lowered corporate tax collections traceable to the strike would turn the expected 1959-60 budget balance into a deficit...
Gathering in Canberra last week to celebrate their tenth year in office, the leaders of Australia's Liberal Party looked upon their nation's economic progress with warm and prideful eye. Said Prime Minister Robert G. Menzies: "The whole face of the land is being changed. No other country of comparable size or population in the world is so busy building its future." On the same day, a crowd of 1,400 in Sydney watched the opening of a $3,300,000 plywood factory spreading over 14½ acres of onetime swampland; McCulloch Motors Corp. of Los Angeles...
...boom has given the 10 million Australians a standard of living (per capita income: $1,232) that ranks with that of the top nations outside the U.S., and is higher than Great Britain's. Australians eat more meat (nearly 300 Ibs. annually), consume more fruit, cereals and sugar than either Americans or Britons. Except for the U.S. and Canada, they own more motor vehicles (244 for every 1,000 people), enjoy more TV sets (70 for every 1,000) and telephones (200 per 1,000) than almost any other nation. All this Australia gets from a burgeoning industry...
...private enterprise uncover the riches of the country. A basic move by Menzies' Liberal government was to ensure peace with Australia's strike-inclined unions. Under the Labor government that preceded Menzies' Liberals, Australia's key unions, then mainly Red-dominated, all but paralyzed the nation by strikes. The situation became so bad during a Red-organized coal strike that the government ordered army troops to man the mines...