Word: standardized
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Dates: during 1950-1959
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...opposing the bill. To judge by such talk, this country is not the greatest industrial power in the world, but an inefficient producer struggling to maintain itself against the ferocious competition of other countries which are just waiting to topple us over. To judge by such talk, the high standard of living in the United States can be maintained only by a policy of economic isolation. Not even in the days when some New Dealers were saying that the American economy had ceased to expand has there been such pessimistic talk...
Actually, the goals were very rarely reached, and whereas Stalin had promised that the living standard of the nation would rise, it declined sharply due to the government's adamant determination to reach its goals at any costs. As a result of these five-year plans, a new aristocracy of technicians was produced...
...present admissions policy is very rigorous, however, and we're entertaining no psychology that because we need students we'll be quick to accept them," he added. "Our expansion program will be in keeping with our standard which this year insists, except in particular cases, that an applicant have a B average from an accredited college...
UNION INVASION of the business world by using pension funds to buy into companies is progressing. A.F.L.'s International Brotherhood of Electrical Workers has just paid out $1,920,000 for 16,000 shares and control of the American Standard Life Insurance Co., and Dave Beck's Teamsters, who invested $1,500,000 in Fruehauf Trailer Co., then bought $1,000,000 worth of Montgomery Ward stock, now plans to spend still another million for 12,100 more shares of Ward stock...
With his capsule pencil, Carmichael hopes to cut deeply into sales of regular pencils, some 1.5 billion of which are sold yearly. Although the capsule model is more expensive, Scripto claims that one cartridge lasts about five times as long as a standard pencil, makes the long-term cost about equal. Biggest advantage: the point will not wear down...