Word: billioned
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Dates: during 1950-1959
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...Federal Government will get into the business-with precise method still undecided-of speeding up the training of young scientists (see below). ¶ The Administration will probably request $4 billion for foreign economic and military aid - $1 billion more than Congress approved last summer, ¶ A definite effort will be made to cut and defer nonessentials in the federal budget, e.g., rivers and harbors projects, and the President will put the responsibility for cutting pet congressional projects squarely on Congress. ¶ Pentagon Missile Adviser William M. Holaday will now have full power "to direct all activities in the Department...
Manpower: The Air Force is suffering an erosion of manpower. World War II pilots are aging, and a dismaying number of bright youngsters are getting out. Between 1953 and 1956 SAC lost 90,175 skilled technicians, mostly to industry, at a replacement and retraining cost of $1.7 billion; many of these experts have since returned to SAC as their companies' "tech-reps" (civilian technical representatives), and they do much the same as their old jobs at about the salary level of SAC Commanding General Power's $16,851 a year...
ACROSS the North American continent from the edge of the polar icecap to the Mexican border lies a vast and wondrously intricate system of aerial defenses. Built over a period of nine years at a cost of more than $18 billion, based upon radar networks within networks electronically tied to the most modern systems of detection and interception (see color pages), it was never considered foolproof against penetration. A defense in depth, it was designed to-and will-limit to a minimum the breakthroughs of Soviet long-range bombers coming to pour nuclear destruction...
...byline of the New York Herald Tribune's Marguerite Higgins, which has decorated Pulitzer Prizewinning stories from Korea and weighty dispatches from world capitals, popped up last August in Reader's Digest and other magazines. Under the headline ONE BILLION UNFILLED CAVITIES MUST BE WRONG! ran a pseudo-news story by "Noted Journalist" Higgins, plugging Crest toothpaste. Washington-based Maggie Higgins, 37 (married to Major General William E. Hall), took her $500 fee and thought nothing more of it until she got a letter from the Standing Committee of Congressional Press Gallery Correspondents, questioning whether she had violated...
...steel, producers' equipment, construction materials and autos all were down, although much of the auto drop was due to the model changeover, and the Fed itself noted that November production schedules indicate a "marked recovery." Bank loans to business were also down in October to a total $31.3 billion, a decrease of $796 million since midyear v. an increase of $1.2 billion in 1956 during the same period. The climb in the cost of living was also slowing down. Still another factor was personal incomes: down $1 billion between September and October to an annual rate of $345.5 billion...