Word: wool
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...nine-man Council of Government, whose rotating chairman is Uruguay's equivalent to President. Nardone, the current chairman, and Haedo, who takes over March 1, together pushed through a successful program to save the country from spiraling inflation. To avoid the feast-or-famine trade cycles associated with wool, traditionally Uruguay's No. 1 export, Nardone and Haedo began by modernizing cattle ranching and saw 1960 meat exports more than double the 1959 total. Next they aimed at crippling strikes, set up a government arbitration board that increased some obviously low wages but allowed no boondoggles. Another campaign...
...upcoming bumper wool clip of 120,000 tons will mean a new boost in living standards. More than $70 million in private capital invested abroad has returned home to provide new capital and new jobs. Damage from last April's floods is repaired; electric power, in fact, had increased 35% by last July. Even Montevideo's normally belligerent students are quieting down as the Nardone-Haedo leadership slowly pushes Uruguay uphill...
...regard it as a particularly significant exhibit." Australia's hearty Prime Minister Robert Menzies has often been upbraided and spoofed by Down Under fashion arbiters for his addiction to wide-lapeled, double-breasted suits. Last week he broke down and accepted a gift from the Australian Wool Bureau. Handsomely got up in his new single-breasted ensemble, Menzies neatly excused his past preference for all wool and a yard wide: "I always thought I was helping the wool industry by wearing slightly more material than most people...
...Whites. This boycott has not had much effect on the economy of South Africa; the few who have lost their jobs have been non-Whites. But loss of Commonwealth trade preferences would plunge South Africa into a depression, hitting not only the Black workers, but also the White wool and fruit farmers who thrive today as a result of Commonwealth membership...
...oldtime physician, estimate that she is 7½ months pregnant. She She wears the voluminous maternity dress of that day, but pregnant ladies then rarely so displayed themselves. She also carries, appropriately, a sheaf of wheat and I had thought also a shuttle of wool...