Word: totally
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Dates: during 1950-1959
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Able by their arms to intimidate civilian authority, brass-hats have spent some $2.5 billion on munitions since World War II-more, in most countries, than goes for health, education and development programs. The standing armies total 500,000 men and cost $1.4 billion a year...
Indian-Mound Garage. Big Sur is challenging country. The land is periodically shaken by earthquakes, battered by 80-m.p.h. winds; rainfall can total 72 in. in three months, and termites abound. To cope with these problems, Owings designed a kind of concrete saddle over the ridge, anchored by eight caissons reaching down into bedrock. On this he secured a rigid A-frame, surrounded it with cantilevered balconies carried around the outside to exploit the spectacular view. For roof beams he bought 60-year-old redwood timbers of a demolished bridge. A four-car garage was dug partially out of bedrock...
Americans spent an average of $95 each on medical care in 1958, the Health Insurance Institute reported this week. Breakdown (in billions) of the $16.7 billion total: doctors, $4.8; hospitals, $4.5; prescriptions and other medicines and appliances, $4.4; dentists, $1.7; miscellaneous (including private nurses, nursing homes, chiropractors, eyeglasses), $1.3. In addition, the public laid out $5.9 billion for health and hospitalization premiums, got back $4.7 billion in benefits. The insurance covered 123 million people for hospital expenses, in million for surgical, 17 million for major medical...
...second to none. Italy's Pirelli tire and rubber company claims the same. Led by Germany and France, the industrial nations of continental Europe have boosted their gross national product 100% (to $212 billion) in ten years, turn out 250 million tons of coal (17% of the world total), some 65 million tons of steel (20% of the total), 1,500,000 tons of copper, zinc and lead (16% of world total). Across the English Channel, Britain's economy this year alone grew some 8% to $68.8 billion...
...good business ahead. Tight credit may cause the housing industry to slip slightly to a rate of 1,200,000 homes. But Detroit's automakers have visions of a 7,000,000-car year in 1960, with 18%-20% of the market in the compacts. Steelmen forecast a total of 125 million tons of steel next year, up nearly 35 million tons. Borg-Warner's Norge Division President Judson Sayre expects big increases in the appliance industry-8% for clothes dryers, 10% for refrigerators. Moreover, plant and equipment expenditures will rise from $34 billion...