Word: rosee
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Dates: during 1960-1969
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Great Possessions. Pale with anger, the bewigged Lord Chancellor, Viscount Kilmuir, rose to Macleod's defense, calling Salisbury's speech "the most bitter attack I have ever known on a Minister in my 26 years in Parliament." Next came Lord Hailsham, 53, Tory campaign manager in the last election, who referred scathingly to Salisbury's "great possessions which, here and in Africa, give him the right to speak about affairs." (Salisbury, the capital of Southern Rhodesia, is named after his grandfather.) Hailsham went on: "My lords, we cannot all have great possessions...
Despite all the talk of increased U.S. attention in Latin America, the U.S. business community is actually investing less there than before. While the rate of direct U.S. private investment in Western Europe rose by 36% during the first nine months of 1960, new U.S. private investment* in Latin America for all of 1960 is estimated at less than half of what the U.S. invested during 1959, only about one-sixth of what it ventured in the peak year of 1957 (see chart...
...Builders. Some Latin American lands have bucked the trend of falling U.S. investments. Argentina and Colombia each boasted increases of more than 20% in new U.S. investment last year. New private U.S. investments rose to $70 million in Argentina, an estimated $22 million in Colombia. Chile's share of U.S. investment in the Western Hemisphere has been climbing since 1958, and U.S.-owned copper companies alone plan to invest an additional $250 million there in the next four years. In Brazil, which has more U.S.-owned factory capacity than any other foreign nation save Canada or the United Kingdom...
Sold with Hymns. "I was a perfect child," Sir Thomas once remarked. "Never spoke, never cried!" Presumably, the perfect child owed his disposition to the consumption of Beecham's Pills, a laxative invented by his grandfather, a Lancashire horse doctor. Eventually the sale of Beecham's Pills rose to a million a day with the aid of a hymn book circulated free of charge and containing a famous quatrain...
Significant Difference. For the second straight week, department store sales climbed; across the nation, they rose 26% over a year ago, when 1960's heavy blizzards helped to cut sales. Freight car loadings, an indicator of general economic activity, rose 7% above the preceding week, and the Association of American Railroads saw the beginning of a gradual upturn. A new survey of businessmen's plans for plant and equipment spending showed that in the year's second half they intend to reverse the gradual decline in spending. For the year as a whole, they will cut their...