Word: russias
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Dates: during 1950-1959
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...National Association of Manufacturers were fully prepared, as usual, for a series of speeches attacking high taxes. At the opening session they were jarred out of position by IBM President Thomas J. Watson Jr. He told them flatly that high taxes are essential in the struggle with Russia for world leadership...
Echoing Watson's remarks, Allen Dulles, director of the Central Intelligence Agency, cautioned that in the struggle for the uncommitted nations, Russia had a "subversive arsenal of organizations which use the slogans of peace, friendship and coexistence. We have not answered the challenge if we limit ourselves merely to meeting the Kremlin's military threat." Watson's speech was greeted with some restraint. Later, it was liberally interpreted (Watson left for Europe immediately after the speech) by incoming N.A.M. President Rudolf F. Bannow, president of Bridgeport (Conn.) Machines, Inc. to mean that "if you give the economy...
...Petersburg the biggest order ever placed: 50,000 bulbs for the Czar's Winter Palace. Dumfounded, Gerard wired back asking how many of the zeros were a mistake. Rewired multilingual Anton impatiently: "Fifty thousand, fÜnfzig tausend, cinquante mille." When Germany later cut the rail link to Russia, Anton hired 70 reindeer and sleighs to get light bulbs through to the imperial court via Finland...
What are the facts of Russia's claim to be outstripping the U.S. in growth? The one unarguable fact, Central Intelligence Agency's Allen Dulles recently told the Boiling "growth" subcommittee of Congress, is that at the outset of World War I, Russia was the world's sixth or seventh industrial power. But, said Dulles, "in the short space of 30 years since 1928, despite the ravages of four war years and several years of reconstruction, the Soviet Union has become second." Today, Dulles estimated, Russia's gross national product is around...
From these undisputed facts, Dulles proceeded to the hotly disputed question of comparative growth rates. Since 1950, he said, Russia's G.N.P. has been expanding at a rate of 7% a year-"at least twice" the rate of about 3% for the U.S. in the past six or seven years. Dulles estimated that Russia will continue to grow through 1965 at a rate of 6% a year. Thus, even if the U.S. G.N.P. increase rises to "our best postwar rate" of 3½% to 4%, Dulles predicted that by 1970 Russia's output will...