Word: budgeting
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Dates: during 1940-1949
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Planning. The U.S. still has the biggest single atom program; it has spent some $2,500,000,000 and President Truman recently asked for another $443,000,000 in 1947-48. But last October Russia tripled her annual research budget (including the atom) to $1,200,000,000. Last month Sergei Vavilov, president of the Soviet Academy of Science, said that 100,000 Russians were now engaged in "scientific work." Soviet physicists had separated U-235 by thermal diffusion (a process used at Oak Ridge, Tenn.) at the Dnepropetrovsk power plant in 1942 before the Nazis destroyed...
...would, for example, like to scrap Madras' big textile industry in favor of Mohandas Gandhi's cottage spinners. But not even Prakasam's bitterest opponents have ever challenged his integrity, or his reputation for truthfulness. Last week the 75-year-old premier had a big budget of shocking truth for the Presidency's Legislative Assembly. To Indians still accustomed to think only in terms of Hindu v. Moslem conflicts, Prakasam revealed that Madras had weathered a full-blown Communist revolt...
...supported by federal funds. Educators elsewhere might inquire just how the President means to tap the nation's dwindling sources of teaching talent? Just where does Mr. Conant mean to draw off the funds for this move while an economy-minded Congress slashes at the vitals of the national budget? And lastly, are succeeding generations of students with limited means doomed to that kind of capsule education that leaves little room for development of individual talents and even less room for the general, ethical background so essential in a free society? This small bit of education, decentralized to the hilt...
Died. Harold Dewey (for the Admiral) Smith, 48, quietly efficient vice president and acting head of the World Bank, longtime (seven years) Director of the U.S. Budget, chief inquisitor for the late President Roosevelt into the management and finances of federal bureaus ; of a heart ailment ; on his Culpeper, Va. farm...
...National Defense for all three services, Brooke Claxton last week swung his new broom. Calling in reporters, he laid out his plans to sweep out all fuss & frills from the Army, Navy and Air Force, chop $50 million off the $440 million in this year's defense budget...