Word: steel
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Dates: during 1960-1969
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...past year, a complex and ambitious program under American AID for South Viet Nam has pumped into that country an average of some $30 million worth of goods a month ranging from cement to penicillin, from sheet steel to automobile tires. This effort is essential to bolster Viet Nam's war-buffeted economy, and, of course, to support the war effort. But as of last week, no one in Saigon or in Washington had any real idea of how much of that matériel had been used for its intended purpose, how much had helped to line profiteers...
...nuts and bolts to hold it together and a four-ton concrete foundation. At present, it is the largest Calder in the Western Hemisphere. But not for long. The silver-haired tinker is already at work on a 65-ft.-high by 94-ft-wide stabile in unpainted stainless steel, to be set on an island in the St. Lawrence in time for the 1967 Montreal World's Fair. Its name...
...back by business for expansion, modernization, automation and research. Business must be profitable in order to attract investors to put up still more risk capital. Such high-profit industries as electronics and office equipment find it much easier to get capital than such low-profit industries as textiles and steel. Says Shell Oil President Richard McCurdy: "We have to earn profit to generate money. It is the first thing that investors look at." The result is the economy's cycle: profits create investments, which in turn create jobs, which in turn create wages and consumer demand, which in turn...
Searching for a fountain of youth, Massachusetts Democrats charged forth into a Floridian jungle of inarticulate sincerity a week ago Saturday. Their hearts were pure, their visors shining, and their voices, through the clanking steel of good intentions, hardly audible...
...foulest social category in the world today." "The white man, at this point in history, is the major obstruction on the path of man's progress." His solutions are disarmingly simplistic: "When those four children were killed in the Birmingham bombing [of Sept. 15, 1963], the U.S. Steel plant in that city should have been shut down by Negroes. A general strike should have been called. That city should have died, should have been killed by Negroes...