Word: planted
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Dates: during 1960-1969
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Expensive Experience. Desperately, the Hazleton Chamber of Commerce worked to keep the community alive. When a local silk plant announced that it would move to cheaper labor markets in Mississippi, 70 Hazleton businessmen signed mortgages totaling $50,000 to keep the factory in town. Within three years the plant moved South anyway-putting 2,000 people out of work. Refusing to give up, the chamber formed the Hazleton Industrial Development Corporation, raised $650,000 in bonds and contributions its first year, offered to donate $500,000 as a no-strings down payment on a $1,600,000 plant built...
...Palatinate, where the Russians have taken over an old resort hotel. Chilean diplomats must work above the din of a five-and-dime store on the floor be low; the small, ugly British chancellery is smack in the middle of a cornfield, across the street from a Coca-Cola plant. New buildings, like the sprawling U.S. office complex known as the Pentabonn, have been cannily designed so that they can be converted to local use as hospitals, industries and schools should the capital ever move back to Berlin...
...town, a banner-wielding throng of 7,000 jammed the narrow streets, waving and shouting, "Workers for Victor Paz." "This is an emotional experience for me," Paz told the crowd, and went on with Henderson to snip a ribbon on an Alianza-financed road project, inspect a new water plant and attend a civic banquet. On the flight back to La Paz, the President allowed that "this has been a great...
Keeping the Reins On. Fred Kappel contends that A.T.&T. needs still higher profits to grow on, but he runs into opposition in Washington, where Government officials insist that his company is already too profitable and too powerful. In terms of return on net cost of plant, the usual gauge of profitability in utilities, A.T.&T. earns somewhat more than the average: 7.2%. The General Services Administration, representing the Government as a user in regulatory hearings, has recommended that Bell's return should be limited to 6.6%, and the staff of the Federal Communications Commission, which regulates the Bell...
From Uganda to Indianapolis. The world's biggest rubber-goods manufacturer outside the U.S., London-based Dunlop has 51 plants in Britain and 60 more in 15 countries, including one in Buffalo, N.Y. Though its sales rank behind those of the U.S.'s big four (Goodyear, Firestone, U.S. Rubber, Goodrich), Dunlop boasts that it is the most technologically advanced and versatile of the lot. American tires are meant for high-speed driving on well-paved streets, but Dunlop develops different tires for different kinds of roads. Its Hi-Mubroad-tread tires are specially designed to grip wet British...