Word: stillness
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Dates: during 1950-1959
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Despite the new riches, no one regarded the world through Utopian spectacles in 1959; desperate poverty was still a condition of life in many lands. Nevertheless, even the humblest of nations could at least look ahead to the 1960s with hope. There were two reasons for this. In their new wealth, the nations of the West were coming to recognize that the task of aiding the underdeveloped lands is not a burden that the U.S. alone should bear; it is a job to be shared. Secondly, most underdeveloped nations have modified or cast aside their once strongly held socialist notions...
...Test of Vigor. More and more research is needed. Although industry spent $10 billion on research this year, it will have to spend still more. "The company that stints on research these days," says General Telephone & Electronics President Don Mitchell, "will give some short-term gain to its profit-and-loss statement, but it won't have any profit statement to worry about by 1970." Mitchell knows from experience that research pays off at a prodigious rate. "That means that $100 spent on research will bring back anywhere from $2,500 to $5,000 over a 25-year period...
...more liberal attitude toward the U.S. specifically was overdue. U.S. imports are still restricted by quotas and high tariffs; e.g., Britain's tariffs and purchase taxes are so high that only 200 U.S. cars were imported last year. But the climate is changing. Says Common Market President Walter Hallstein: "We do not forget that the U.S. tolerated discrimination against its trade as a way of helping European recovery. Now that Europe has recovered, we certainly are not going to discriminate against...
...infuriated by Franklin's middle-class prudence; yet Franklin's maxims-many taken from even earlier sages-are no less true for having become truisms. Who can deny that "He that lies down with Dogs, shall rise up with fleas"? Or that "Light purse, heavy heart" are still keeping company? What confounds Franklin's critics is that he was so confoundedly right...
...DeForest Clinton Jarvis graduated from the University of Vermont College of Medicine, and in 1909 opened an office in Barre (pop. 12,000), headquarters of the granite-for-tombstones industry. He concentrated on diseases of the eye, ear, nose and throat. Now 78, a roughhewn, granitic specimen, he still treats a few patients in an office whose windows are blazoned with his name in letters almost a foot high...