Word: production
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Dates: during 1950-1959
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...took over the functions of business agent, banker, labor supplier and arbiter of status. By 1941, the paternalistic Big Five-American Factors, Ltd., C. Brewer & Co. Ltd., Alexander & Baldwin, Castle & Cooke Ltd., Theo. H. Davies & Co.-hovered over a vast economy worth $309 million (v. a 1958 gross territorial product of $1.4 billion), and by virtue of interlocking directorates and interlocking marriages, controlled wholesale and retail business, agriculture, banks, land, shipping, society-everything...
...ranging from housemaid to factory hand to Sonia and the government promised to care for her children, the father-jailer was locked up in a cell. The charges: kidnaping, illegal possession of firearms, assault, violation of child-labor laws, failure to register the manufacture and sale of a poisonous product, and income tax evasion. Said he: "I am a freethinker. What can the outside world offer my family? Prostitution, crime, drunkenness, rock 'n' roll and the blasted television. No senor, none of that for my family...
...Cooper-Climax is the product of a small British company that grew out of a garage started in 1919 by Charles Newton Cooper in Surbiton, eleven miles southwest of London. After World War II, Cooper and his son John, an intense, black-haired designer-engineer, got the speed bug and set out to develop a small, cheap racing car powered by a motorcycle engine. Gradually the cars grew faster, but they still used largely hand-me-down engines. At one point the Coopers used a four-cylinder Coventry Climax engine originally designed to pump water for fire fighters. Rebored...
Empire's Clerks. In part, independent India's university problem is the product of its British heritage. The system that the British colonial rulers inaugurated 125 years ago gave them plenty of English-schooled clerks and civil servants-and gave the aspiring Indian the prestige of a post in which he would never again have to do manual labor. But long after it became apparent that India's crying need was not academic intellectuals but builders, engineers, doctors, technicians and social workers, Indian universities have been dishing out classical education along the old British lines...
...revised index, now near completion, show that U.S. output, which reached a record 155 in June (1947-49 average: 100), is actually ten points higher. The FRB made its revision on the basis of a detailed business census for the year 1954, which reviewed some 6,000 product lines in manufacturing alone...