Word: steel
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Dates: during 1960-1969
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...ability, and Washington left no doubt that Marcos was favored. In his ten months of command, Marcos has already defined and come to grips with the major problems outlined in his inaugural. Manila is overcentralized: the bulk of the nation's nascent industries (oil refineries, cement factories, textile mills, steel mills) are clustered around the city. Only half of the Philippines' 38,000 miles of roads are in drivable condition, and the Bureau of Public Works estimates that 5,400 miles more are needed to give the nation a minimal service network. Telephones are rare?and even more rarely...
...cheering delegates at Blackpool. "The Tory Party has always been the party which enables people to live fruitfully in freedom." Other Tories rose to underscore Heath's claim, pledging to abolish the controls that the Laborites are imposing. They promised, for example, to denationalize the steel industry if the Labor government makes good its pledge to renationalize it. Similarly, the Tories vowed to repeal Wilson's Selective Employment Tax and rescind recent tax hikes. When and if the whirlwind does start blowing against the Labor government, Ted Heath and his party intend to take full advantage...
...miles of glacier-formed sand dunes that stretch along the Indiana shore of Lake Michigan are not only unique geologically but also a favorite recreation center. The dunes also represent prime industrial sites for steel mills clustered about nearby Gary. For eight years conservationists, led in Congress by Illinois Senator Paul Douglas, have been locked in battle with private developers and steel companies...
...selling just in time to be badly hurt; they had to scramble quickly as the averages rose to cover short positions in both glamour stocks and blue chips. As a result, both highflyers and such long-dull blue chips as A.T. & T., Chrysler, Du Pont, Jersey Standard and U.S. Steel were traded unusually heavily, and most ended the week with a gain...
...most important step in modernizing Russian economics, however, was the decision to raise basic industrial prices. For years the prices of coal, steel, gas and fuel oil have been kept far below cost in order to forge a heavy industrial base. Now that Russia can afford to ogle the age of affluence, it needs not rigid central planning but the flexibility of a market economy using such Western techniques as profits to measure performance and buyers' wants to dictate output. Kosygin has promised to switch all Russian enterprise away from rigid central planning by 1968. Already 673 firms employing...