Word: 54th
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Rusk addressed a dinner meeting of the Foreign Policy Association at the New York Hilton Hotel, on Sixth Avenue between 53rd and 54th Streets...
...colored lights and topped with a golden-haired angel in a blue brocade dress. The menu for Christmas dinner called for turkey, corn-bread dressing, string beans with almonds, sweet potatoes with marshmallow topping, rolls, cranberry salad, ambrosia and angel-food cake. The family celebrated Lady Bird's 54th birthday on Dec. 22. And even though Lyndon Johnson was putting in non-recuperative hours-conferring with Cabinet officers, working on his State of the Union message, examining and reexamining the budget requests-there was an air of almost leisurely good will around the ranch...
...Avenue of the Americas and 54th Street, the Ziegfeld Theater, which opened in 1927, last week also received its death warrant. It will be torn down to make way for a new 50-story structure, fifth new building to be built in three blocks along the avenue, making it a rival to Park Avenue for glossy new office buildings...
...thriving U.S. economy, now in its 54th consecutive month of advance, is creating new jobs faster than automation is eliminating old ones. In mid-August, the Labor Department reported last week, the number of Americans on nonagricultural payrolls reached an all-time high of 61.1 million, 334,000 more than in July. During the same period, total unemployment dropped by 350,-000 to 3,300,000, although the jobless rate remained at July's 4.5% - an eight-year low - because of a temporary decrease in the work force...
Tougher Than Usual. The possibility of an inflationary steel settlement was only one cause for concern as the U.S. basked in its 54th straight month of prosperity. Even more disturbing was the anticipated spurt in defense spending to pay for the expanding war in Viet Nam. So far this year, President Johnson has demanded only $2.4 billion in supplementary funds to fight the war, but that figure is virtually certain to top $5 billion by the end of the current fiscal year; it could soar as high as $12 billion a year thereafter. In addition, congressional eagerness to expand Administration...