Word: steels
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Dates: during 1950-1959
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...budget deficit, a $718 million foreign-trade debt and an unemployment rate of 10%, President Jorge Alessandri's month-old "businessman's government" devalued the currency. Down 18% went the value of the peso, from 837 per dollar to 989, in the hope that such exports as steel and wine, thus cheapened, would rise proportionately...
Quincy in December is still little more than a seven story cement and steel shell with elevator shafts. Few people can imagine its completion by September. Only two resident tutors and a handful of associates have thus far been named. Yet 260 students, almost twice the anticipated number, have filed applications for residence in the new House in the fall...
...China as an imperialist luxury. At Loyang, in Honan province, twelve primary schools recently heeded the Central Committee's directive that "the future direction is for schools to run factories and farms, and for factories and agricultural cooperatives to establish schools." They banded together, built the "Red Scarf" steel and iron factory, now claim production of 40 tons of metal daily. To ask that summer vacations be spent vacationing is "a decadent viewpoint ... It should be known that after spending a busy period of time in study, taking up manual work over a short period is good relaxation...
...factory for two hours each day "to pick iron, scraps, dig and sift ore, gather wood and collect broken bits of earthenware." Students 14 and 15 years old "do the simple jobs of making molds, preparing materials, taking care of machinery and blowing oxygen." Older teen-agers more molten-steel ladles, refine ore and build the brick linings of furnaces. The "young pioneers" work no more than six hours a day, get one day off a week and, the party claims, are gaining weight. Fourteen-year-old Student Pai Chun-hsiang, according to the official account, surprised his fearful parents...
After traveling in Italy, Pasternak returned to Moscow without his philosophy degree and began whooping it up as a bohemian versifier. Pasternak, with his liquid, steel-grey eyes, sensuous lips and proud and pensive look, became famed as a ladies' man. He looked, recalls one acquaintance, "like an Arabian stallion...