Word: billion
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Dates: during 1950-1959
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...during his grim, two-day appearance before the Agriculture Committee to argue his case for lower price supports.*The arithmetic of Benson's battle fatigue: when he took over as Agriculture Secretary six years ago, he vowed to slash the cost of farm programs, which had averaged $1.5 billion a year in 1950-52; but in 1956-58, Agriculture Department outgo averaged $4.5 billion a year, and in the current fiscal year the total is estimated at a shocking $7 billion. The Federal Government's inventory of wheat, corn, cotton and other surplus farm commodities recently climbed...
...blunt fact that came out of last week's hearings was that the farm subsidy scandal has long since ceased to be a problem to be settled by so-called farm experts. It is a $7 billion drain on the national treasury in a day when the Administration is scratching for money to buy missiles. Whether the Agriculture Secretary's name is Brannan or Benson -or Moses-the farm subsidy problem has become an ever-growing national problem with a direct effect on the national welfare...
...above last year's level, the fifth straight weekly rise. Total industrial production in January moved up for the ninth straight month to 143% of the 1947-49 average, just four points below the all time peak of December 1956. Personal income was also up by $2.4 billion to a record $362.3 billion, and spurred buying. In mid-February, department stores rang up 8% more sales than last year...
...McCone touched a sensitive committee nerve almost at once by saying that "efforts during the past five years have paid off in remarkable progress. I believe we have had a good program." Snapped Tennessee's Democratic Senator Albert Gore, author of a bill to spend $1 billion on advanced nuclear development by 1965: "It has failed miserably, else you might not be chairman of the commission...
...interpreting the six billion calculations made each week by the IBM 704 computer is carried on by a small number of mathematicians and upper-atmosphere specialists at Smithsonian, many of whom also lecture at the University. Fred L. Whipple, Director of the Smithsonian Observatory, is an expert on meteors and meteoric risk to satellites as well as optical tracking; Theodore E. Sterne, Associate5The basis of JACCHIA'S discovery of the direct relationship between solar radiation and the movement of the satellites is illustrated by these four lines. The top two plots show the acceleration of two earth satellites...