Word: beene
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Dates: during 1960-1969
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By contrast, Bill Martin over the years has been much more worried about the perils of recession. Martin's real hallmark at the Federal Reserve was a willingness to switch from easy-to tight-money policies and back again as he thought the situation required. He cooperated with the...
On the crucial matter of handling the economy, Nixon has been following Burns' advice. They are in agreement: the pressures that are being applied are right, and results will come if the Government stays on its course. Because Burns is reluctant to change his mind once he has made...
PEERING at the world from behind gold-rimmed glasses and beneath a thatch of gray hair, Arthur Burns is a model of the modern professor in Government. He is seldom found on the Washington cocktail circuit, and perhaps with some reason. "Being at a dinner with Burns is like being...
Oliver Wendell Holmes Sr. rescued the U.S.S. Constitution from the wreckers in 1830, when he wrote the memorable poem "Old Ironsides," which begins, "Ay, tear her tattered ensign down!" After a national outpouring of emotion, Congress quickly appropriated funds for the restoration of the frigate. It is still docked in...
In less than two years, five of the best-known U.S. passenger ships have been laid up indefinitely: American Export's Atlantic, Independence and Constitution and Moore-McCormack's Brasil and Argentina.