Word: trended
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
Requested of Congress by the President: approval for U.S. entry into the Organization for Trade Cooperation, which administers the 34-nation General Agreement on Tariffs and Trade (GATT controls 80% of the world's trade). Congress is far from sure about GATT (TIME, June 6), fearing that its trend toward lower tariffs will undercut U.S. industries in competition with foreign imports, e.g., Japanese textiles, Swiss watches. The House Ways and Means Committee is not likely to schedule hearings on the President's request before the expected midsummer adjournment...
...what is happening is likely to be an inflationary price rise and a steady devaluation of the dollar over the long range. And the possibility of state socialism coming in to pay out unemployment and other benefits in a so-called "welfare state" is growing. It's a trend that gives cause for anxiety as to the ultimate effect on the economic future of America...
...election of a new president to replace Jean Monnet, the indefatigable little Frenchman who first proposed the Coal-Steel pool and who has done most to make it work. Monnet resigned last fall in protest against the scuttling of EDC in the French National Assembly and the trend toward nationalism throughout Western Europe. Last month, hoping to stage a comeback for himself on the European idea, Monnet decided to seek re-election after all. But when his name came up last week as a possible French nominee for the job, Premier Edgar Faure turned "Mr. Europe" down...
...investor in the market. Although there was a time when the small investor was more inclined to buy for the short term, thus taking a bigger risk of misjudging the market and losing money, now he is usually in for the long pull. Since the long-term trend of the market has been steadily up, he has probably made more money than he has lost...
...spiraling costs, many a U.S. daily has died in the last ten years, and few new ones have been born. Three months ago, in Tallahassee, Fla. (pop. 38,002), Leo William Bowmall, vice president of Manhattan's Bulkley Dunton Pulp Co., decided to try to buck the trend. He and other backers put up more than $250,000 to launch the Tallahassee Capital Post, to compete with the 50-year old Tallahassee Democrat (circ. 14,014). Last week, after barely 68 days of life, the new paper died. Even though the Post was small, with a circulation...