Word: rising
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Dates: during 1940-1949
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...WILL EAT HEARTILY IN U.S. WHERE WE ARE 6% OF WORLD POPULATION WITH 12% OF WORLD FOOD, BUT LET'S NOT BE BLINDED BY OUR PROVINCIALISM TO ENORMITY OF ROADBLOCKS TO A WORLDWIDE RISE FROM POVERTY...
Partial Answer. His own prestige has been matched by a spectacular rise within the hierarchy of the teamsters' international union. His ideas of regional organization, once regarded as odd and unsound, have been freely adopted. Last year touchy old Dan Tobin named him executive vice president of the international union-in effect, second in command...
Three Drinks & a Dream. At the root of Europe's misconceptions about the U.S. is what Visson calls the "Athenian complex." Europeans, he thinks, regard the U.S. somewhat as the Greeks regarded the rise of muscular, uncultured Rome. The Greeks told themselves (as Europeans do today) that these new barbarians across the water might have more money-but they would never be really civilized. European intellectuals have always claimed that those American nouveaux riches are uncouth. They have now made the damning discovery that Americans are also unhappy. America in their eyes is the playgirl of the Western world...
Politician Muñoz tells his jibaros that the island's troubles are a problem in multiplication. Since 1899, Puerto Rico's population (now 2,200,000) has more than doubled. At present rates, it will rise another 36% by 1965. The island's sugar-based economy gives it an increasingly unfavorable trade balance with the U.S. (last year's: $140 million). U.S. expenditures for relief and public works have made Puerto Rico a vast and continuing WPA project...
Cheap Money. Wall Streeters had expected that the Treasury Department, worried about inflation, would contract credit by again boosting the rate on its short-term securities, thus paving the way for a rise in interest rates all around. But the Treasury seemed to think that inflationary pressure was dropping; last week it announced that it would continue the present rate on short-term borrowings, and all issues of long-term U.S. Treasury bonds moved above their Federal Reserve support levels...