Word: basisâ
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...defense and foreign policy, he has promised to reduce?on a phased basis???much of the American military presence overseas. He would pull American troops out of Korea in five to seven years. He would begin to reduce, though not eliminate, the U.S. military commitment in Europe. He would seek closer relations with Third World countries in Asia, Africa and Latin America, as well as with traditional allies in Europe and Japan. Détente with the Soviets probably would continue, but with demands for them to make more concessions to the U.S. He thinks the U.S. defense budget could...
Veteran FBI officials argue that no previous President had ever authorized such burglaries, which agents call bag jobs. That had not, however, prevented FBI agents from conducting such raids in the past on a selective but routine basis???without presidential approval...
...TIME, Sept. 13, 1926 et seq.). Admission that this policy is impracticable was shrewdly avoided by Il Duce up to last week, when he found a way to mask failure behind a dazzling cabinet decree. This document, issued with a triumphal flourish, establishes the lira on a gold basis??? not, however, at par (five lira to the dollar), but at 19 to the dollar, the new ratio being slightly lower than the ordinary quotation of the lira on international exchange in recent weeks...
...Miami Tab (only 18 months old) needed more money. He had sunk $100,000 of his own money. He had 5,000 fellow stockholders. He had borrowed $1,080,000 from his father. But he still needed $300,000 to put his papers on a paying basis???and his father would lend him no more. He tried to pledge his patrimony?a $1,500,000 trust fund?and failed...
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