Word: tools
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Dates: during 1950-1959
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...heart of the university's intellectual life stands the University Library, with 375,000 volumes. But this modernistic building with its coffee-serving lounge is more than just a collection of volumes; it is also an educational tool. Instead of keeping its books buried in closed stacks, the library has them arranged on open shelves. Thus, a student in search of one particular title finds himself confronted with hundreds of others in the same field. One book therefore inevitably leads to another, until the unwary student is finally sucked into a whole mass of reading he probably never intended...
...gripe is often legitimate. In six years, the U.S. shipped $254 million worth of machine tools to Europe. But European imports died down after Europe's machine-tool output soared from $481 million in 1948 to $778 million (in 1948 dollars) last year. Imports of machine tools into the U.S., less than $1,000,000 a year before the war, were $5,900,000 in the first quarter of 1954 alone. Exports, meanwhile, have dwindled from a prewar average of 32% of total output to a scant 6%. Electrical equipment makers complain that overseas manufacturers, many of them helped...
...school from his Ozark home in 1935 to accept a proffered scholarship, spotted the Red danger signals after a few weeks, and hiked right back home. Cherry refused to let the matter drop, suggested Faubus was lying. Faubus fought back with a charge that Cherry was the tool of special business interests; he chortled happily when the Arkansas Power & Light Co. raised electric rates at election time...
...page statement into a battery of microphones, then freely answered questions from 300 correspondents for an hour. Gist of his statement: he had defected to the Communists because "the Nazis and the militarists in West Germany are again in power" and "the Bonn-Paris axis is only a tool of the Americans." Americans, he said he had learned on his recent visit to Washington, are "downright hysterically mad in fear of Communism...
...Pittsburgh, the money-losing (first-half loss: $414,511) Follansbee Steel Corp. announced a two-way deal to dispose of both its corporate shell (i.e., big-board listing and cash) and its physical assets to two separate groups, one headed by Murchison and the other by Manhattan Machine-Tool Maker Frederick W. Richmond. For some $9,000,000 cash, Richmond will buy up Follansbee's steelmaking plants, warehouses and inventories, continue to operate the company. Follansbee's corporate shell (with $9,000,000 in the till and no plants) will then merge with two profitable Murchison firms: Chicago...