Word: centralize
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Dates: during 1950-1959
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...Central But. Government, said Nixon, should help "correct the evils of inflation, profitless prosperity and low productivity." Action already taken includes: 1) more extended unemployment compensation; 2) accelerated Government spending especially in hard-hit areas; 3) more credit. Government should promote a sense-making public-works program but should resist "massive spending-a spending binge now can only lead to a, hangover of debt and inflation later...
...said Nixon-and it was perhaps the central "but" of Recession 1958-"there is too much of a tendency in some business quarters to say: let the Government bail out the economy. Government can help, but the primary responsibility for recovery must be assumed by American business and labor and the other vital forces that make up the private sector of the American economy...
...relative values of tutorial and the lecture system is the central problem raised by the recent CEP recommendations, Robert, G. McCloskey, associate professor of Government said yesterday. In its recommendations to the faculty, the committee stressed the importance of tutorial over lectures...
...Vatican. A prince and a colonel of the Noble Guard, he has held positions in many offices of the Vatican administration and many Congregations of the Curia. Currently he represents Vatican investments on the boards of the Banco di Roma, and pharmaceutical, shipping and piping companies. In 1946 the Central American Republic of Costa Rica appointed him envoy to the Vatican State, upgraded him to ambassador ten years later. Another papal relative is also a diplomat at the Vatican: Count Stanislao Pecci, grandnephew of Pope Leo XIII (1878-1903), Envoy Extraordinary and Minister Plenipotentiary of the Sovereign Military Order...
...Robert R. Young's dream of railroad empire, the instrument of accession was Alleghany Corp., the holding company that owned large blocks of major roads: Missouri Pacific, Nickel Plate, his own New York Central. Before his suicide in January, Young sold most of his own stock in the Central, but as chairman of Alleghany Corp. he held options on 100,000 shares of Alleghany common which he had yet to exercise; he had been fighting to reorganize Alleghany for three years. Only two days after Young's death, the U.S. Supreme Court cleared the way for Young...