Word: said
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Dates: during 1950-1959
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...local work rules until later. Labor Secretary James P. Mitchell rapped labor for holding to "status quo at any price," and reproached management for "attempts to change by the bang of a single gavel working habits built up over many years." A renewal of the strike in January, said Mitchell, is "unthinkable...
...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 45% of the U.S.'s G.N.P...
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...
Another warning came from Professor W. W. Rostow of the Massachusetts Institute of Technology's Center for International Studies, who advocated "sharply increased public expenditures" for both defense and foreign aid. Russia's superior growth rate and her power-bent use of it, Rostow said, threaten the U.S. on half a dozen fronts, ranging from brush-fire wars to all-out attack, political penetration of underdeveloped areas and "diplomatic blackmail." Worst of all, said Rostow, Russia is creating among neutrals the "psychological image of an ardent competitor closing fast on a front runner who prefers to go down...
...textile experts said it was folly: garment factories could never flourish in Hong Kong because of lack of water and trained workers. Besides, there was the powerful new force of Japanese competition. But Chen Che Lee, a wealthy young Shanghai cotton manufacturer, fooled the experts. In 1946, with $1,500,000 borrowed from friends, Lee established South China Textile, Ltd., the first major textile mill in Hong Kong. Over the past decade, problems have been over come, and from Lee's daring example has grown an industry that this year will ex port $110 million worth of garments...