Word: productive
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Dates: during 1950-1959
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...Production had been excessive, all right. Outlays for dairy-product supports jumped 20% this year. Piled up in federal storage depots as of Dec. 1 were 12,500 tons of dried milk, 17,000 tons of butter, 89,000 tons of cheese. But politicos from dairy-farm states predictably joined Republican Burdick in bipartisan booing at Benson's announcement. ''A shocking injustice!" cried Wisconsin Democrat William Proxmire. "A mistake!" snapped Vermont Republican George Aiken, an old Benson defender. Said Minnesota Democrat Hubert Humphrey: "Mr. Benson has taken the place of Scrooge...
...that the Socialists, who had their brief try in 1947-48, may gain power in the foreseeable future. Though Communists have infiltrated some trade unions, their influence in the country has been contained. Economically, Japan's resurgence is comparable to West Germany's; e.g., the gross national product has doubled since...
Since 1950, gross national product has almost doubled to $5.9 billion. Oil production has nearly doubled to 2,700,000 bbl. a day, and with new wells coming in at record rates, oilmen foresee that it may rise another 85% by 1966. Oil now accounts for about $2 billion in exports, or about 95% of the yearly total. Iron-ore production, mostly by the United States Steel Corp. mines at Cerro Bolivar, increased by a third in 1957 to about 15 million tons. Irrigation projects and rapid farm mechanization have boosted agriculture until Venezuela now produces...
...antiquated pharmaceutical laws. On trial was not only Pharmacist Feuillet but in effect the French Ministry of Health, which had tested Stalinon and allowed it to be marketed. One official coolly explained to the court: "We have only about two minutes on the average to examine each new product submitted." He claimed that "nothing was wrong" with the way Stalinon was approved and that "the same thing would happen again, and we would again issue the permit...
Scores of companies set new sales and profit records, and so many others came close to old records that 1957 easily topped the peaks of '56. The gross national product increased another 5% to an alltime high of $436 billion. Industrial production edged up to a record average for the year of 144; employment reached an alltime peak of 67.2 million before dropping at year's end; corporate assets swelled to $229 billion. Wages continued to rise. The average hourly pay rose from $2.05 in January to $2.10 near year's end. Despite worry over the squeeze...