Word: congressmen
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...Great Power. Now the halls of Government are overrun by a press corps that has been described by one of its own as "the greatest concentration of self-adoration and misplaced vanity on earth." There are more journalists (1,361) in the nation's capital than there are Congressmen. The big bureaus of the Associated Press and United Press International send upwards of 70,000 words a day out of Washington; Scotty Reston's New York Times bureau sends about half that much, including the official transcripts of conferences and speeches that are fodder for the U.S. newspaper...
...President of the U.S. sat down one day last week with Secretary of State Christian Herter and addressed himself to the problem of U.S. response to Fidel Castro's charges of "aggressive acts and conspiratorial activities" by the U.S. Eisenhower's decision-while some Congressmen and critics cried for retaliation -was to remain unprovoked...
Under Gallegos, the party maintained its headlong drive for reform. A.D. Congressmen railroaded measures through Congress. Whenever there was opposition, A.D. masses, usually led by left-wingers, would jam the Plaza El Silencio and scream hatred at their enemies. By the end of 1948, when rumors began circulating that A.D. was planning to replace the army with a "peasants' militia," Pérez Jiménez and his brother officers rebelled. They cut down A.D. in mid-reform, arrested Gallegos, hounded Betancourt into exile, and began a new and bloody military dictatorship...
Nevertheless, a loud and powerful group of Congressmen, including Illinois Senator Paul Douglas and Texas Congressman Wright Patman, refuses to grant the Treasury any relief, crying that interest rates are already too high. "The only inflation we have today," says Patman, with more emotion than economic reason (see State of Business), "is inflation caused by high interest." The critics blame the Treasury for the rising cost of servicing the nation's debt, argue that any further boost in interest rates would cost the taxpayers additional billions. They argue that if the Treasury wants to sell long-term bonds...
...problem is getting worse with each passing month. It is true, as some Congressmen say, that no long-term debt comes due for ten months. But there will be almost $80 billion in short-and medium-term borrowing. By November of 1961, so much debt will drop down into the one-year-and-under category that the figure will top $92 billion, up from $81 billion in December 1959, in itself equal to the alltime record. The Government's only recourse will be more short-term financing, probably at higher rates...