Word: offing
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Dates: during 1950-1959
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¶ Australians got the first substantial electric power from their giant Snowy River hydroelectric project, an endeavor so vast that its $1 billion price tag is equal to 20% of the entire national product of ten years ago. Another signal of change: an upsurge in immigration has brought 1,500...
(10 of 11) unwilling to practice what it has been preaching, then it will find that the world has it by the tail."
These sound practices are as well known abroad as they are in Washington. With a budget in balance, the U.S., says British Economist Graham Hutton. must take normal corrective measures to get its balance of payments in order. Button's prescription is for the U.S. to reduce foreign commitments...
Nor is Motorola President Robert Calvin afraid of losing the U.S. lead in electronics. "The foreign competitor who has finally found out how to make a TV set will no longer find a market here, because we've already found out how-to hang one on a wall," says...
The Test of Vigor. More and more research is needed. Although industry spent $10 billion on research this year, it will have to spend still more. "The company that stints on research these days," says General Telephone & Electronics President Don Mitchell, "will give some short-term gain to its profit...