Word: transistor
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Dates: during 1960-1969
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When this season's tourists deflate their rubber balls, shut off their squawking transistor radios and return to the cities, they will leave behind more than $55 million spent on food, lodging and recreation. Included in the take will be an estimated $3,600,000 spent gambling at the world's biggest casino, stretching four blocks along the ocean, with room enough inside for 20,000 customers (Monte Carlo's capacity: 7,000). By U.S. standards, that may not be much money, but for the average Argentine worker, who makes less than $100 a month, throwing about...
Occupational Hazard. Cairo Radio still beams shrill demands that "the criminal King of Jordan" be overthrown, and Hussein never leaves his palace without a loaded pistol in his shoulder holster. But plucky little Hussein - scornfully referred to by Cairo as "transistor-size" because of his 5-ft. 6-in. height - has a king-size knack for survival. This year alone, he escaped three murder attempts, all laid to Nasser. "Assassination." says Premier Wasfi Tal dryly, "is an occupational hazard for the King and his Cabinet...
...even the ordinary GCE. Parents and children loudly call them "dumping grounds for duds." Class-conscious Britons feel that "dud" schools spell failure, not to mention the danger of a lower-class accent for their children. To avoid eleven-plus disaster, parents lavish prizes of cash, bicycles and transistor radios on the kids to make them cram harder. Recalling her mother's expression when she failed, one girl says: "I might have been telling her that I was having a baby." Many parents buy their way out of eleven-plus failure by spending up to one-third of their...
...measures worked. Although imports stayed at high levels, exports rose so much that the trade balance is back in the black this year. Stepped up U.S. buying of textiles, raw silk, steel, turbines and transistor TV sets cut Japan's trade deficit with the U.S. in the first nine months of 1962 by 50%; in September, for the first time in history, Japan actually sold more goods in the U.S. than it bought there...
Hitachi, Ltd., the Japanese electrical giant that is equally adept at making tiny transistor radios and huge hydroelectric generators, last week gave the U.S. electrical industry a stinging lesson in how to get U.S. Government contracts. Hitachi won a $612,659 contract to build two 4,500-h.p. hydraulic turbines for the Interior Department's Blue Mesa power plant in Colorado, and another $3,221,813 contract to supply eight pump turbines for a federal reclamation project in California's San Joaquin valley. It won the awards simply because its bids ranged from 5% to 41% lower than...