Word: shrank
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...said that the committee "has never had so many distinguished witnesses before it at any one time." Seated shoulder to shoulder at the witness table were seven U.S. state Governors, all Democrats, gathered in Washington to protest the plight of farmers under the impact of a price decline that shrank agricultural income by 16% last year...
...million Canadians the gains were apparent: annual per-capita income during the decade soared from $940 to $1,500, and the work week shrank from 40 to 37.9 hours. In recognition of the new prosperity, the Dominion Bureau of Statistics will soon scrap the list of 300 commodities on which it bases the monthly cost-of-living index. Explained a D.B.S. official: "There is a whole new way of life to keep track...
While the West was growing 29% in population, the Central states registered a just-average 15%, the South lagged behind the national average with 13.5%, and the East lagged even further with just under 10%. Four states actually shrank in population during 1950-58: Arkansas, 8%; West Virginia, 2%; Vermont. 1.5%; Mississippi, 1%. Most striking exceptions to the slowish growth patterns of the East and South: Delaware's population expanded no less than 40% (rapid industrial growth drew in a lot of newcomers), Florida's a boom-sized...
...onrushing 20th century stranded Scientific American in the past. Readership dwindled; revenue shrank to a trickle. By 1947, when Gerard Piel, then science editor of LIFE (and grandson of the late Michael Piel, co-founder of New York's Piel Bros, brewery), persuaded two friends to join him in buying Scientific American, about all the three got for their $40,000 were 5,000 solid subscribers, a Manhattan office and a lustrous 102-year-old name. Piel had a theory, and his partners-Dennis Flanagan, also a LIFE editor, and Management Consultant Donald H. Miller Jr.-were willing...
...with the U.S. in foreign markets, even in the U.S. home market. By last year the U.S.'s international transactions were drastically out of balance: the U.S. ran $3.4 billion in the red in its overall international payments. Gold flowed overseas so briskly that the U.S. gold reserve shrank by $2.3 billion, a thumping...