Word: backstop
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...more public housing units, 2) a six-year, $350 million-a-year urban renewal program, with the Federal Government still paying two-thirds of the cost instead of the gradual reduction to 50% asked by Ike, and 3) a $150 million direct G.I. housing loan fund to backstop the new, higher 5¼% mortgage rate in areas where private capital fails to come forward to finance G.I. housing...
...unless it lands major new defense orders. Navy cut orders of Martin Sea Master jet seaplanes from 24 to 14 (saving: $60 million to $70 million). Also, Martin is prime contractor for Vanguard and Titan missiles, which may be scrubbed. Vanguard has performed below expectations; Titan was intended to backstop Atlas ICBM, which is doing splendidly...
Brobdingnagian Cartridge. Conceived in 1955 as a backstop to the Atlas ICBM, which is a surface or "soft-base" missile, the Titan program began with a one-year handicap, has since lost ground as the lion's share of money, engineers and steam poured into Atlas. But Titan shows signs of becoming a system with superior potential range, invincibility and kill...
...stand for in the world other than being the biggest military power and the richest country on earth? One thing it stands for is wrapped up in a well-worn term: "foreign aid." Since World War II the U.S. has helped other countries to revive their economies and backstop their military forces in the amount of $40 billion. Not every dollar or even every million dollars of this has been wisely spent, but on the record the program stands as a unique effort in the history of nations of one country's using its power and its wealth...
...Russians had launched Sputnik I. Next morning Von Braun urged McElroy to put Jupiter-C into the satellite contest. During the next few weeks, McElroy received more than 100 ideas from the services for putting a U.S. satellite into space. Finally, on Nov. 8, McElroy announced his decision: to backstop Vanguard, the Army was ordered to "proceed with preparations for launching a scientific satellite by use of a modified Jupiter-C test vehicle...