Word: certainly
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Dates: during 1940-1949
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Professor Smithies believes Britain can reap most of the devaluation benefits, but he isn't quite sure how much good will result. "We can't be certain Britain will be economically independent of the United States when the Marshall Plan ends in 1952," Smithies says, "but the important thing is that progress can now be made...
Also glad to see devaluation but qualifying his optimism with certain reservations in John H. Williams, Ropes Professor of Political Economy. Professor Williams has been consultant for the Economic Cooperation Administration and the Organization for European Economic Cooperation and is the author of "The British Crisis," an article currently appearing in Foreign Affairs Magazine...
...Devaluation is the most obvious way of attacking the British problem," Professor Williams says. "But no program for stopping Britain's loss of reserves and correcting her dollar deficit will carry conviction unless the right foundation in British policy is laid for offsetting certain dangers." Among the dangers the professor fears are (first) the possible upward spiral of British prices and wages and (second) poor management in the repayment of Britain's wartime sterling liabilities which might thus result in the funnelling up ECA aid through the British economy to outside recipients...
...year, infantile paralysis was slowing down. By last week, U.S. Public Health Service chartmakers could point with confidence to the week ended Aug. 20 (in which 3,419 cases were reported) as the year's peak. Since then, the curve has been downward. But 1949 was certain to have a staggering polio toll marked against it: already 29,051 cases had been reported, and by year's end the total would be nearer...
...Russians are producing plutonium, they have really learned the atomic trade, perhaps with the help of German scientists. Once they accumulated enough fissionable material (U-235 or plutonium), it should not have been hard to make an atomic bomb. In quantities below a certain amount (the "critical mass," sometimes estimated at around 26 lbs.), neither material will explode. But when two such masses are brought together, forming more than a "critical mass," they explode spontaneously...