Word: aloneâ
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...failure of fiscal policy has left Burns in a position he devoutly hoped to avoid. In a sense, he is being forced to try to steer the economy by monetary policy alone???or, as one economist put it, "play God." The Federal Reserve must try to gauge the exact amount of money that the economy needs, and economics is not that precise a science. Burns has other arguments against exclusive reliance on monetary policy. If money is squeezed, he says, the policy unfairly hurts particular types of borrowers. Among the victims: local governments, which often must sell bonds in order...
...aware of any increase in infiltration" since Johnson's March 31 order to curtail the bombing. But Dean Rusk, testifying on the foreign-aid bill before a House committee, said infiltration had increased. Indeed, some intelligence sources claim that 30,000 infiltrators poured into the South in April alone???a 2½-fold increase over the normal rate?and that their weapons were new, excellent and plentiful...
Roars of monarchist applause followed. News of the Count's outburst was rigidly censored out of Spanish papers next day, and in his palace Alfonso XIII must have felt increasingly alone???for Count de Romanones has long been His Majesty's close, trusted friend...
...upon Article VIII of the covenant [of the League of Nations] that the French Government intend to base reductions of their armaments. It is, indeed, upon this basis alone???a basis which does not imply a prior application of mathematical ratios [the "Hoover yardstick''] . . . that it would be possible, in their opinion, to work out an agreement...
...evidence at football games. A few are always present, of course, sandwiched between a pair of bulky persons in coonskins, or throned in the cheering section, where they regard with intent, disdainful faces the puerile behavior of their older brothers. Most of them, however, attend these contests in spirit alone???which partly accounts for their devotion to football. Pigskin heroes can assume mythical proportions for eyes that have never beheld them. James Thorpe, the Indian, was a coppery comet, leaping in seven-league strides over a field of endless goal-lines; the right toe of good Charles Brickley stiffened into...