Word: prospecting
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Dates: during 1950-1959
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...since record 1955. What gives automen heart is the low level of consumer debt and the prospect of a big increase next year. One of the axioms of the new economics-and the exact opposite of the copybook maxims-is that rising consumer debt is a sign of prosperity, expanding in times of optimism, contracting in times of doubt. With recession in 1958, consumers paid off $1 billion in auto debts, the highest repayment since World War II. Now, with recovery, they should be in the mood to borrow for cars again. While predictions...
...prospect of the thug-ridden Teamsters' infiltrating the nation's police was not entirely preposterous. In New York City, first target for the Teamsters, Police Commissioner Stephen Kennedy said, "Don't underestimate this thing." The Teamsters claim a secret New York membership of 3,000; other authorities say that 300 is more like...
...world, struggled to his feet. Clumsy Yvon Durelle, 29, the pride of French Canada, promptly sent him down again. Before the first round was over, in Montreal's Forum last week, Archie was decked once more for a nine count. The partisan crowd howled at the prospect of watching the long-delayed demise of boxing's most amazing relic. Said Archie later: "Every time I saw the referee, he was counting over...
This raises the prospect of involved legal tangles in U.S. courts. Last week, when American and Greek owners of foreign-flag vessels sought injunctions to halt picketing, judges differed on what rights they were entitled to. Wrote London's Financial Times: "The international labour boycott is a dangerous and, in principle, undesirable practise; on the other hand, these shipowners have deliberately put themselves outside national loyalties and cannot claim their protection. They cannot ask for the benefit of responsibilities they do not accept, or of taxes they...
...Prospect's decision has forced the hands of the happier clubs who last year sent their rejects--the 100 per centers--down the street and away. So the big boys have decided to redefine "100 per cent," a term which covered the defects of snobbiness by pretending that everybody got into a club...