Word: briskness
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Dates: during 1950-1959
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Evident across the U.S., in the midst of brisk consumer spending for new cars, power boats and vacation-bound plane trips, was an almost rebellious hostility toward threatened tax boosts and heavy governmental spending. "Wherever I go," said Boston Democrat John E. Powers, president of the state senate, "all I hear is 'cut that budget!' " Echoed Chicago Republican Albert Hachmeister, member of the state legislature: "Even parents of schoolchildren come to me and say, 'No more tax increases, please, not even for schools.' " Said San Francisco's Republican Mayor George Christopher: "It used...
Diogenes going about with his lighted lantern in broad daylight looking for an honest man would find happier hunting in Pakistan today. Under the brisk reforming broom of President Ayub Khan's military regime, corrupt officials of the old, free-spending order are being swept out of office in droves, and newspapers run regular casualty lists, stating name, rank, misdemeanor and punishment. New Chevrolets, once a man's conspicuous mark of distinction in Karachi streets, are now hidden away in garages, and one businessman even painted his fire-engine-red station wagon a dull grey, happy to have...
...took a while for traffic through the slit to build up. In January 1958, after nearly three years of on-and-off negotiations, the U.S. and the U.S.S.R. signed an elaborate cultural-exchange agreement. A few days later, to get the new era off to a brisk start, Moscow sent Mikhail ("Smiling Mike") Menshikov to Washington to replace dour Georgy Zarubin as ambassador. During 1958 the U.S. sent to the U.S.S.R. 82 separate exchange projects with 953 members-scientists, engineers, artists, entertainers, businessmen, farmers, athletes-and the U.S.S.R. sent to the U.S. 68 projects with 516 members. The cultural-exchange...
Gratitude is like business credit: it keeps trade brisk, and we pay up, not because it is the honorable thing to do but because it makes it easier to borrow again...
Solid Ahead. Behind Britain's trade comeback is a brisk overhaul of its economy. After the September 1957 run on the pound in favor of the German mark, which Britons considered one of the darkest periods since the war, the government decided that more austerity was needed to restore the pound's prestige. It cut down government spending, raised the bank rate to 7%, got banks to put a voluntary "freeze" on bank loans. Britain was also helped by the worldwide drop in prices of raw materials. Its austerity program worked, and by mid-1958 Britain again...