Word: rebuilders
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Dates: during 1960-1969
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...times a year; the diocese returns 45% of the money to the parish, keeps 45% for the bishop's "Discretionary Fund.'' and uses 10% for administering the fund. The bishop's share, now about $30,000 a year, is used for emergencies, such as helping rebuild St. Paul's Church in Chicago's South Side when it was destroyed by arsonists. The parish share is used for church-building improvement, the altar guild, etc. Pennies are clinking in faster than ever these days. While the first million took 27 years to collect...
...government of President Jorge Alessandri counts heavily on foreign aid, does not intend to levy emergency taxes on foreign companies, Chilean corporations or the Chilean rich. And foreign aid is pouring in. West Germany has offered to rebuild Valdivia; Argentina will aid Chiloé Island; Sweden will help Puerto Saavedra. The U.S. has given most of all. The Export-Import Bank of Washington has lent $10,770,000. Private citizens have donated $5,000,000, and President Eisenhower last week approved a $20 million gift as the "first step" of a broad aid program to Chile's homeless...
...know whether the economy was still on the rise, had leveled off, or had dropped a bit. The trouble was that the figures were for only a single month, were already more than a month old, and had been badly distorted by the steel strike, which caused manufacturers to rebuild their depleted inventories in a great hurry, thus bunch the orders in November and December...
...Labor must rebuild in a prosperous land that plainly prefers Menzies' stable, free-enterprising Conservatism. Currently favored to be chosen party leader: Arthur Calwell, 63, a peppery, tousle-headed Roman Catholic who as Labor's last Immigration Minister fathered the program that has brought in 1,400,000 European settlers to keep Australia's postwar economy booming...
...such probability was that the steel strike would be followed by a big rush of businessmen to rebuild inventories that would further squeeze credit, boost interest rates and perhaps nip the boom. But the Commerce Department announced last week that the inventory total in the fourth quarter remained about level. Though there was a December spurt in inventories, it was not as big as expected. The Commerce Department now expects that inventories will accumulate by the end of the second quarter at an $8 billion rather than a $10 billion rate, thus spreading out buying and making growth more steady...