Word: oils
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Dates: during 1940-1949
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...long 'free enterprise' seemed to mean only that the British employer was free from responsibility for his employees' welfare. Now the state comes to these undernourished men & women, provides their children with orange juice, cod liver oil and milk, sends the doctor when they are sick. These people won't listen to any man who tells them that the welfare state is a bad thing which robs them of their initiative by all this coddling. They will look at their healthier children and will call that man a liar...
Money from Home. Discussing investment from abroad, the report passed gingerly over the touchy political subject of Brazil's undeveloped oil resources, recommended that the country: 1) modify its laws to guarantee outside investors fair treatment, 2) make an "investment treaty" with the U.S. which would eliminate the practice of double taxation on profits earned abroad by U.S. businessmen. But Brazilians should not expect-nor should they want-such foreign investments to supply any great proportion of their capital needs. Progress, said the report, "should, in the main, be financed with domestic funds. Only thus can an excessive future...
...gonorrhea: require as many as 100 consecutive injections over a period of eight days, use from 2,000,000 to 9,000,000 units of the drug. Secret of the speedup and increased effectiveness of the new penicillin treatment, still in the experimental stage: the drug is dissolved in oil with 2% aluminum monostearate. The process coats the penicillin particles, which are ordinarily absorbed in the bloodstream within two to four hours, and keeps them at work for 72 hours...
Nevertheless, delegates wondered how long the gravy train could keep running. They discussed ways of boosting their markets by 1) removing the legal restraints from margarine (which uses cottonseed oil); 2) pushing the sale of cotton bags for feed by using prints convertible to dresses (TIME, Jan. 31); and 3) getting ECA to step up 1949 exports (which would otherwise be the lowest since the Civil War). The cotton growers, who use about 10% of all fertilizer, also looked at the big use of paper bags by that industry, estimated that judicious pressure there alone could step up cotton consumption...
When hotelmen warned him that he could not make money on such a hotel in these days of high operating costs and falling revenues, McCarthy snapped: "I went into the oil business in 1933 when everybody said I was a damn fool. Now they're saying it again about my hotel...