Word: rebuilders
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Dates: during 1960-1969
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Highlight of the conference was a detailed intelligence report, illustrated with reconnaissance photos, on how Hanoi had used the pause to rebuild, recuperate and resupply. Between 20,000 and 40,000 Red Chinese coolies were at work repairing railroads north of Hanoi, while scores of thousands of North Vietnamese laborers worked south of the capital on bridges, roads and other bombed facilities. A major project: establishing a primitive "grid" of interconnecting roads to offer alternative routes if the bombings resumed. Antlike swarms of work gangs took an average of only 48 hours to repair bombed roads, as little...
...nation's most ramshackle major industry-housing-had hoped to rebuild this year, but it appears that the roof is still caving in. Reason: mortgage credit has grown scarcer and costlier since the Federal Reserve Board's recent increase in the discount rate. The board's overall purpose was to prevent inflation. But, the predictable side effect on housing of its move was to inflate prices and discourage buyers in a $25 billion-a-year business that has been slumping since late 1963, despite unprecedented prosperity throughout the rest of the economy. "The general tightening in mortgage...
This was a grab bag within a grab bag. Among other things, the President called for 1) a Highway Safety Act to cut down on traffic deaths, 2) a plan to "rebuild entire sections and neighborhoods" in some U.S. cities as well as "stimulate and reward planning for the growth of entire metropolitan areas," 3) an end to pollution of rivers, 4) an attack on "crime and lawlessness" through a federal program to "modernize and strengthen local police forces," 5) a bill requiring honest labels on packages, 6) a program demanding that all interest and credit charges be fully revealed...
...July day in 1959, Ullastres announced a sweeping stabilization plan. Credit was tightened, the budget slashed, the peseta devalued to a realistic 60 to the dollar. With the aid of a $400 million international loan, Ullastres threw open Spain's doors to imports necessary to rebuild its economy. And over the howls of government protectionists, he pushed through a series of measures to encourage foreign investors to enter Spain...
...Delhi, the Indians charge that Pakistan has received a $67 million loan from Peking to rebuild its shattered armed forces, claim that a daily air shuttle from Sinkiang into Pakistan is carrying Red Chinese small arms to outfit three new Pakistani divisions. "There is an almost poisonous atmosphere between the two countries," said a top Shastri aide last week. "To expect any dramatic results [in Tashkent] seems to be rather impractical." Since the heart of the Indo-Pakistani dispute remains Kashmir, a problem which neither the U.N. nor the big powers have been able to arbitrate successfully for 18 years...