Word: poorer
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Monroney's plan has many virtues; it should make it easier for poorer countries to borrow, and, through the use of local currencies provide a double stimulus to the borrower's economy. As a device for the complete internationalization of foreign aid, however, its effectiveness is doubtful. Russia is not a member of the World Bank, and therefore the transfer of United States aid effort to the IBRD and the I.D.A. would simply mean that aid competition would now pit the Western alliance (instead of the United States alone) against Russia...
...RICHER FOR POORER is 100% British and tells of the cold, calculating efforts of Rose Answell to push her unambitious husband Ian up and up in the Tory government. From a minor secretaryship in Agriculture ("He loved the Pig Scheme and he never had to make a speech") gentle Ian is thrust up the Rose-rigged ladder to the very verge of Minister of State for Colonial Affairs-where, abruptly, he rebels, resigns, retires to pig-farming and smashes his marriage. Author Gellhorn is working here in rather tired soil...
...title of Prime Minister, and last year he was knighted. He boasts that "the spirit of feudalism that ruled Barbados is as dead as Queen Anne." But with 230,000 people jammed onto an island 14 by 21 miles in size, Barbados is still among the poorer areas of the West Indies. Its best hope: relaxation of immigration bars by other islands once federation begins working. Adams will be among the top three men in the dominant Federal Labor Party, along with Jamaica's Norman Manley and Trinidad's Eric Williams. But he plans to stick...
...week lowered their targets. Chrysler President Lester Lum ("Tex") Colbert, who only a few months ago was the soul of confidence as he predicted a 6,000,000-plus year for autos in 1958, told a Harvard Business School audience that the entire auto industry is in for a poorer year than he expected-though still a good one. "We know that the people have the jobs and that their savings-bank accounts are at a high level," said Colbert, "but the consumer has lost the desire...
...including lower taxes and higher fares, and possibly involving subsidies from commuting communities to help make up losses, is needed to keep commuter trains on the tracks. The railroaders argue that if some method is not found to have the public pay the bill, the alternatives will be steadily poorer commuting service or none...