Word: perlis
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Dates: during 1940-1949
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Ever since his rise to power, President Juan D. Perón has been taking potshots at Buenos Aires' independent La Prensa. Last week he fired a broadside. "For a hundred years, "the President told a railway union congress, "La Prensa has pontificated with endless lies and imbecilities...
...real trouble with British exports to dollar areas does not lie in exchange rates, but in Britain's high production costs. Get away from currency entirely and express these in man-hours per unit produced. The British product costs more than the U.S. product because British production is less efficient. No matter how she fiddles with the currencies, Britain cannot expand her U.S. market on a long-range basis until real costs are cut by more efficient machines, management and labor. The present crisis is a powerful pressure on British management and labor to become more efficient. Devaluation...
...increase the price of our products." The A.F.L. agreed. In its official Monthly Survey it warned that wage demands could force employers into bankruptcy. Said A.F.L.: "Competition is back; prices can no longer be raised indiscriminately to cover higher costs. Business executives show new interest in cutting expenses. Production per man-hour is now rising sharply. These are all healthy developments which can bring business to its normal postwar balance...
...drilled another "deflection" test (a boring near the bottom of the shaft) within a few inches of where the first fabulous strike had been made. The test ore was turned over to the government's assayers. Their report: the ore indicated a yield of 2 oz. of gold per ton of ore, or about 1/24Oth of the record yield previously reported...
Associate Professor Norman F. Ramsey, chairman of the Harvard Physics Department Cyclotron Committee, speaking first, told briefly how the cyclotron worked. He stated that the new cyclotron is able to accelerate protons to speeds about half that of light, which travels at 186,00 miles per second. The cyclotron weighs 750 tons...