Word: thoughts
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Dates: during 1950-1959
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...among those Latin American, Asian and African nations that usually side with the West. The fear came from those who believed that U.S. involvement would increase the danger of war in the Middle East-a fear which the Russians set out to increase. The misgivings came from those who thought the West was backing the wrong forces in the Middle East in the wrong...
Brazil is a case in point. Brazil got into a fiscal mess with inflationary policies, and did little to reform because officials thought they could always count on the U.S. Export-Import Bank for loans. Eventually, after 63 authorized loans totaling $656 million, Brazil had to go to the Monetary Fund. There a coolly competent professional international staff delivered a stern lecture, exacted a promise of reform, gave a small drawing account of $37.5 million in the hope that Brazil would go and sin no more. If Brazil had had to take this lecture from the U.S., the howl...
...year young Norman graduated from Harvard, Julius decided to build an office building across from Manhattan's Penn Station. Though the area was largely occupied by factories, Tishman thought it would be ideal for commuting office workers. He was right; other companies followed his lead. Right after World War II, the firm built the first fully air-conditioned office building and the first metalclad office building in Manhattan...
Actually, the industry has known about Four Comers oil for years. The first well was brought in in 1879. But geologists never thought there was enough to bother with-until the 19505. Then, hunting gas for the rapidly expanding industries of the Los Angeles area, El Paso Natural Gas moved in. Soon it hit a big gas pocket in the San Juan Basin, built a pipeline to Los Angeles. Within a few years it had lines out to 3,000 wells in a system so intricate that it looked like a page from Gray's Anatomy...
Died. Maurice Rentner, 69, "The King" of Manhattan's Seventh Avenue, Polish-born leader of U.S. fashion, who fought design piracy in and out of the garment district, primed such innovations as shirtwaist dresses and dressmaker suits, thought U.S. women the world's best dressed, "despite the fact that once every so often I see a woman in a dress I've struggled over, carrying herself like a hod carrier"; of a brain tumor; in Manhattan...