Word: reporter
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Dates: during 1950-1959
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...prejudice against home-grown talent, but at Las Vegas' Dunes Hotel the foreign-born element in his chorus line is the spice of the show ("People enjoy talking to them"). So last month Minsky* took off on a recruiting trip to Europe, returned last week with a report that was part showbusinesslike, part sociological. Said he: "Europe is one big striptease. Hamburg looks like 52nd Street in the wild days; Paris is one strip joint after another...
...happened to people who watch eclipses of the sun without protecting their eyes. Rabbits were chosen as the test animals. AEC scientists found that an explosion the size and height of Teak delivers its thermal energy in less time than a rabbit (or a man) can blink. Said the report grimly: "Retinal burns were produced in the rabbits at distances up to 300 nautical miles." This tended to support earlier Army research indicating that an atomic fireball bursting over a battlefield at night could produce mass blindness in soldiers scattered over a vast area...
...does U.S. economic growth compare with that of the Soviet Union? Last week the National Bureau of Economic Research gave a qualified answer in its annual report: on a percentage basis, industrial output in Russia has risen more rapidly than in the U.S. since 1928, but only about one-fourth as rapidly as the Russians claim. Russia's growth statistics are peppered with gaps, probably omit some stagnant or declining industries, use highly doubtful totals. Most of Russia's gain has been the result of massive diversion of manpower to industry, a regimented movement roughly similar...
...been rising even faster than national product per capita (which is by far the highest of any nation), has'jumped at a rate of 35% to 40% a decade since World War II-and is still growing by the day. The reasons for the growth, says the report, are not only an increase in the volume of capital goods (of which the U.S. has more than any other nation), but the U.S.'s large and growing investment in education, science and technology. Russia's rapid industrial growth is a factor that must be reckoned with, concludes...
...Government announced that the steel industry's near-record first-quarter profits of $374 million after taxes represented 11.7% of stockholders' equity, higher than in U.S. manufacturing as a whole (10% of equity); second-quarter earnings are expected to be even rosier. But the Government's report also pointed out that over the last ten years steel has not done as well as other industries, and steel companies complain that their present good showing is largely the result of stockpiling in anticipation of a strike. Their big argument is that profits are not even enough...