Word: bottomly
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Dates: during 1950-1959
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...feeling," said the President of the U.S. at his press conference, "is that we are going through the worst of it right now." Many signs, he told the newsmen last week, indicated that the "bottom" of the recession "is certainly close, or possibly even now reached." Sticking to the position he has taken all along, the President said that he would recommend tax cuts if they seemed "desirable," but that, with federal spending headed upward, "this is not something to do lightly...
...expensive new monuments to good intentions turn into new slums? Chiefly because admission to low-rent projects is controlled by the city, which sets an arbitrary income level for tenant families. As they rise on the economic ladder, the better-off families must move out, making room at the bottom for those whose economic and social levels are ever lower. There the gangs thrive, for as one Youth Board official says: "Wherever you have great population mobility and disrupted population areas, gangs spring up to replace the broken stability of the group." Adds a Brooklyn junior high school assistant principal...
...project was entrusted to Riccardo Gizdulich, a blond, cigar-smoking architect who has built some of Italy's most radically modern structures. He studied photographs, the designs left by Ammannati, notes left by the head mason. Under his direction, the Arno was dammed, and the river bottom was searched for fragments left after the explosion. Studying the shards, Gizdulich deduced that the ancient masons had used special chiseling and cutting implements now unknown. Gizdulich designed similar tools and had them made by hand, taught a group of artisans to use them. The pieces of the old bridge were lovingly...
...Schwann Catalog grows at the rate of as many as 400 listings a month. If the growth keeps on accelerating, the brass-eared listener will soon have to give up his sleep to get to the bottom of the pile...
Prices & Productivity. Last week, as the recession appeared near the bottom of the slide, few thoughtful businessmen were anxious to force the tired bull to his feet too soon. They fear the speedy return of inflation, since prices, which normally drop in a recession, have held up surprisingly. Though many retail prices and some wholesale items dropped, the level of the nation's basic commodities is unchanged. The reason, say businessmen, is the organized labor philosophy that good business or bad, wages-and thus prices-must go up every year. Therefore, steelmen refuse to cut prices, not only because...