Word: boosts
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Dates: during 1960-1969
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Amid the excitement about the U2, Presidential Press Secretary James Hagerty read to newsmen an announcement that, against the background of rumblings in Moscow, sounded deliberately provocative. President Eisenhower, said the announcement, had approved a massive boost, from $10 million to $66 million, in funds for Project Vela, a program of research on detection of underground nuclear tests-and Vela would include, "where necessary, nuclear explosions." Largely because of the awkward timing, the word buzzed far and wide that the President, in reaction to the shooting down of the U-2 and Nikita Khrushchev's tough talk, had decided...
...able, crew-cut Superintendent Morvin A. Wirtz, 40, a therapy expert with a doctorate in special education. His sprawling domain covers 496 square miles. It has 25 buses that cover 2,500 miles a day, 156 special teachers, and six small buildings. (A recent tax boost will raise three big buildings.) Wirtz is also responsible for speech training (6,000 students) in regular schools, but the handicapped are his chief concern. Says he: "We have the potential for developing the best special-education program in the country...
...real boost for the vending boom has come from the improvement in coin-handling devices. Unlike the bad old days in the '30s, today's vending machine is virtually slugproof, returns money if it is empty. The biggest maker of coin-handling devices is National Rejectors, Inc., a wholly owned subsidiary of Universal Match Corp., which is controlled by Frank J. Prince. When Prince took over in 1951, sales were $10.3 million. By acquiring vending companies, Prince brought Universal Match to the forefront of the industry with sales of $72 million, earnings of $3.01 per share...
...BOOST FOR HOUSING, which has lagged this year, should come from FHA, which has lowered down payments on federally insured homes costing $13,500 and up. Sample changes: for a $17,000 home, a buyer needs to put down only $800 cash v. $1,100 previously; for a $20,000 home, $1,500 down...
RISING FARM PRICES may boost farmers' 1960 income above the $11 billion total last year, erasing last winter's Agriculture Department forecasts of an 8% decline this year...