Word: wool
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Dates: during 1960-1969
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...complex, bauxite mines, $100 million worth of oil refineries at Kwinana, a 500-mile railroad to Kalgoorlie. In the southwest's ambitious Esperance project, foreign labor has also helped turn 14 million arid acres into promising farm land that will boost the nation's biggest export crops, wool and wheat...
Britain's powerful bankers have no control over the factors that caused this decline: a 22% drop in the price of Australia's wool, a 33% plunge in the price of Ghana's cocoa, a surge in India's food imports. Ironically, the sterling area's ailments have been aggravated by Britain's attempts to buttress the pound and by the U.S.'s program to end its own payments deficit. Because of the cutback in U.S. and British loans and investment, Australia's reserves fell from $2 billion in January...
...separate them with rows of closets in which the clothes themselves act as insulation. The studs in the Fiberglas-insulated walls are staggered, so that no single stud touches both sides of the wall, therefore cannot conduct noise. On the ceiling, sound is absorbed by 2 in. of glass wool surfaced with vinyl. To reduce the clatter of heels, vinyl is laid over an asbestos-and-foam cushion on the floor. Other floors have wall-to-wall carpeting with extra-thick underpadding
Heaters and air-conditioning units are segregated from the rest of the house in acoustically sealed closets, and all air ducts are lined with Fiberglas or board. Dishwashers and disposals are housed in rubber and glass-wool casings to cushion vibrations. Even the underbellies of sinks are swathed in felt to soften the clatter of silver and glassware clanging against the stainless steel...
...Morris was invited to a costume party and decided to go as a lion. Unable to afford a ready made costume he fashioned his own out of old yellow bedspreads. For the mane, Morris ingeniously dyed a watercress and some lamb's wool gold and wired them together. His costume was perfect except that when he moved embarrassing squeaking noises issued from his mane. Morris telephoned his friend George for advice...