Word: procession
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Dates: during 1950-1959
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...dynamic process that Ludwig Erhard has set in train by liberating his country's economy is still forcing basic changes. Last week in Paris Erhard threw his powerful support behind the plan to set up a free-trade area comprising eleven European nations (notably Britain) besides the Common Market's six. Always, to Europe's Socialists and faint of heart, he preaches his doctrine: "The most successful means for the achievement and retention of prosperity is competition. Only by competition can an economy expand to serve all people, especially in their capacity as consumers, and dissolve...
...expand their industry. Indonesia can plead no such saving excuse. Indonesia has had a 59% cost-of-living rise since 1953. largely because the government is so intent on exterminating the last vestiges of colonialism that it is likely to destroy every profitable form of enterprise in the process. Indonesia has failed to pass a mining-and-oil-exploration law that would bring in new foreign companies, will offer no assurances against confiscation of new capital. Indonesia's legislature has ordered a 35-hour week, though per capita income is an estimated 15% below the level under The Netherlands...
...cost of living, either by government decree or union-employer contract, gives speed and added momentum to the wage-price spiral. Formerly there was a time lag before wages adjusted to prices, during which time the price rise might be reversed, making a wage rise unnecessary. Today the process is automatic. One country questioning the practice is Finland. There escalator wages are considered a major cause of the inflation that is so severe that the Finmark had to be devalued on Sept. 15 from 231 to 320 to the U.S. dollar. Now the Finns are trying to hold the line...
...blood pumping and breathing as long as necessary. Then its heart and lung or lungs were cut out and discarded. Now the surgeons took the chilled organs from the refrigerator and implanted them. The aorta had to be sewn in place with the utmost care-a time-consuming process−but the great veins leading into the right heart could be hooked up with simple surgical couplings...
Portfolio is by no means stereotyped in its choice of material, presenting a wide range of media and technique. Eric Martin combines a photographic process with his brush-and-ink self-portrait, symbolizing "the eye" as an artist conceives it. Willard Midgette and Earl Newman offer woodcuts whose heavy, determined forms bespeak another temperament and approach altogether...