Word: again-and
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Over the last few years, the liberal Democratic image of Vice President Richard M. Nixon as a jowly, blue-jawed villain with a ski-jump nose has receded in the light of his growing stature and achievements. But last week, as the campaign year began, the old image popped up again-and from a predictable source...
...injunctive machinery against strikes threatening the national interest. To him, the necessity of using Taft-Hartley could only result from the failure of collective-bargaining procedures, in which he deeply believes. Yet last week he had to invoke Taft-Hartley twice, once in the Eastern dock strike, again-and with more disappointment-in the marathon steel strike...
...surprise of Wall Street, the Federal Reserve Board last week tightened up on credit again-and immediately stirred up a controversy. In the third such move since last summer, the Fed permitted four district banks (New York, Chicago, Philadelphia, Dallas) to raise their discount rates to member banks from 2½% to 3%, thus allowing others to follow...
...spur than a public-works program. A tax cut can be made fast, putting cash directly into pockets for spending on consumer goods in about two months, thus quickly affecting production. A public-works program takes time to get started, may have no effect until the economy has turned up again-and then contributes to inflation...
America has really been nice to us, and although we had to sit around and see the U.S. make some of the mistakes we had made long ago in missilery-it was like coming around the same track again-and we did feel frustrated at times, we are awfully lucky to have carried the day. It makes us feel that we paid back part of a debt of gratitude we owed this country...