Word: store
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Dates: during 1950-1959
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...PLANNERS under FOA Director Harold Stassen are working overtime on three economic ideas for Southeast Asia. FOA wants to set up 1) a currency-clearing union backed by $1 billion in U.S. funds, to help settle payment accounts between Asiatic nations; 2) a U.S.-financed rice bank to store surplus rice against famine years; and 3) a series of U.S.-sponsored barter deals by which Asiatic countries can trade more of their raw materials for manufactured goods...
Waiting. "Some six years ago . . . Winston Churchill prophesied: 'Nothing stands between Europe today and complete subjugation to Communist tyranny but the atomic bomb in American possession. The question is asked, what will happen when they [the Russians] get the atomic bomb themselves and have accumulated a large store? You can judge yourselves what will happen then by what is happening now. If these things are done in the green wood, what will be done in the dry? If they can continue month after month disturbing and tormenting the world . . . what will they do when they themselves have large quantities...
Seattle's McVicar Hardware Co. goes even further. Each Friday night the store clears its counters and holds a "do-it-yourself clinic" for 100 people on such subjects as gardening and interior decorating, with a manufacturer's representative on hand to lecture. Owner McVicar has set up a free coffee dispenser so that customers can help themselves while making up their minds on what to buy. "The coffee stimulates their brains," says Mc Vicar. "There isn't any place to set a cup down, so they just go round and round, getting warmer and more receptive...
This year U.S. industry will put out millions of do-it-yourself kits, print up plans for hundreds of thousands more projects. Milwaukee has a Rentit store that will rent out a big power saw ($35 a week) or a small electric drill ($10 a week). California's Glasspar Co., which started off with $1,000 capital in 1950, is up to $585,000 annual sales selling knockdown Fiberglas sports cars for $1,466.50, without engine. Michigan's Chris-Craft Corp. has 21 different do-it-yourself boat kits ranging from a $49 pram...
...uranium flowed endlessly, with full crews at work and no fear of breakdown. In Washington the C.I.O.'s Swisher said, with a slight note of surprise: "I think he [Mitchell] understands and appreciates the problems of people who work for a living." Said Mitchell, who clerked in a store, worked in a factory, and went through Depression layoffs before he became a labor specialist: "It is much sounder that people voluntarily go back to work than if they are forced back by an injunction...