Word: succession
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Dates: during 1950-1959
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...offering loans at a less-than-cost rate of 2% interest, to bring electricity to thousands of farm families that had none. REA did its job, and well: now more than 95% have such service. The necessity for a federally subsidized REA system has obviously decreased with REA success, yet REA has continued to grow as a dug-in interest, representing assets, loans, etc., worth billions and often generating as much political as electrical power...
...They Like It." West Germany's success story owes most to the skill of its technicians and the acumen of its businessmen. But the German tradition of high quality has also gained from the shoddiness of some postwar U.S. products and from the fact that Russia's achievements in rocketry have created doubts about U.S. technological preeminence. German traders have also won an enviable reputation for fast delivery. Last summer when Saudi Arabia's King Saud decided he needed a three-truck caravan (sleeper with bath, dining car with throne, and a supply van), British and French...
...Soviet success in Iraq demonstrates, the Communists often benefit even more than the Germans from Mideastern hatred for the "imperialist powers." Communist states are also prepared to underwrite prestigious but unprofitable deals. In Cairo last summer, when a West German firm desperately sought to win an electrical construction contract away from the East Germans, the East German representative impatiently burst out: "Gentlemen, let's stop this nonsense. I have orders from my home office to undercut any Western price-even if I have to go to practically zero...
...Carruthers III bestowed the Westminster Kennel Club's best-in-show designation, dogdom's topflight honor, on a saucy, 4½-year-old, English-bred miniature poodle bitch, Ch. Fontclair Festoon. "The poodle was in beautiful form," said Carruthers, "full of quality, and moved perfectly." Flushed with success, Festoon will be retired from the show ring to the business of bearing high-priced pups...
...prospects for a double win are dim, for the Tigers bring with them an "Iron Five" quintet which plays almost every minute of every game with great success. Thus far, Princeton has beaten by at least nine points every Ivy opponent it has faced, although its nine wins do not include one over Dartmouth, also 9 and 0 in League play...