Word: steels
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Dates: during 1950-1959
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...tried to descend on the U.S. and Russian pavilions. (In the crush, a Belgian guard at the U.S. pavilion was pushed through a plate-glass window, hospitalized.) Both pavilions got mixed notices. There was almost universal agreement that in architectural beauty Edward Stone's circular U.S. pavilion of steel and gold aluminum (TIME, March 31) surpassed Russia's rectangle of frosted glass and steel, though the Soviet building was an improvement on Russia's usual grim monoliths. Those who think that fairs should be fun preferred the U.S. exhibit. But for all its air of sophistication...
...STEEL PRICE RISE, widely expected by users when steel wages go up automatically July 1, may be delayed. Pace-setting U.S. Steel reportedly has put off a decision on prices for at least another month. Steelmen are under pressure to hold line because aluminum-makers cut prices despite scheduled wage increases...
Fairchild is developing two other fiberglass missiles, the Gander, designed to carry a nuclear warhead, and the Osprey, which acts as a tactical reconnaissance missile and could be fitted with TV or infra-red cameras. Fairchild is also developing a new steel, aluminum and foam-plastic Armalite rifle that weighs only 6.85 lbs. (v. 9.5 lbs. for the old Garand) and serves as everything from a long-distance sniper rifle to a triple-mounted machine gun. The Air Force has designated a version of the rifle as its survival weapon, and it is being tested as a possible NATO weapon...
...value of the statistics is to show trends and changes in the U.S. labor force. Of the overall 2,316,000 jump in unemployment to 5,198,000 since March 1957, more than 1,000,000 came in such big durable-goods producers as autos, aircraft, heavy machinery and steel. The curious fact-and the paradox of the recession-is that other industries, such as wholesale and retail, banks, services (up more than 100,000), real estate and insurance firms, are still booming ahead. In March, employment rose by 323,000 over February, bringing total employment to 62.3 million...
...America. Said Cheskin: The entire attitude of the American people towards "ostentatious ornamentation" has changed drastically in the last few months, especially in cars. "As recently as last year, our tests showed that people reacted favorably to elaborate ornamentation, gaudy color combinations and chrome trim on cars and other steel products. The recent studies show that people are reacting unfavorably to such functionless frills...