Word: whats
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Dates: during 1950-1959
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The $4 billion is needed, in spite of the prospective balance of the budget, to pay the Treasury's bills until tax collections pick up early next year. The Department also expects to raise another $2 billion or $3 billion before January, but does not know at what rate...
When the finance ministers and central bankers of 68 nations gathered in Washington last week for the annual meeting of the World Bank and International Monetary Fund, they got a stern if fatherly lecture from U.S. Treasury Secretary Robert Anderson. Anderson underscored what the delegates already knew: the U.S. is...
Under the glass dome of Paris' Grand Palais last week, 830 auto and equipment makers gathered for the 46th Paris Automobile Salon, Europe's most important auto show. So eager were Frenchmen to see the new cars that Paris hotels were booked solid weeks in advance. What they...
Diminishing Returns. What the Soviet Union faces is a period of diminishing returns that other industrial nations have usually experienced after a major growth spurt. Many of the Soviets' methods and machines were pirated straight from the West, and they sparked the spurt; now they are aging, and the...
Died. Donald Marr Nelson, 70, longtime (1912-42) Sears, Roebuck executive who was appointed (1942) by F.D.R. to be chairman of the War Production Board, captained the gigantic wartime industrial effort, went abroad to oversee production in England, China and Russia, resigned (1944) in a huff over what he felt...