Word: creation
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Dates: during 1950-1959
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...recent defiance of the Senate 1) by refusing to cooperate with a subcommittee inquiring into labor racketeering, and 2) by assuring all officers that the union would not punish them for pleading the Fifth Amendment if called to testify (TIME, Feb. 4)-a defiance which contributed to the creation by the Senate last week of a special, well-financed ($350,000) committee to make a full-scale study of labor corruption...
...Democratic Atlanta Constitution: Ike's speech was "inspiring and filled with patriotism. It was in the best tradition of such speeches . . ." Said London's Daily Telegraph: "Every sentence proclaimed the President's absorption with what he now clearly regards as his remaining mission in life-the creation of a true and lasting peace . . . The whole tenor of his inaugural address suggests that in the next four years we shall see this grand design persistently pursued. This dedication should be an inspiration to the world...
...long kept one tentative foot in and one determined foot out of the Continent. To avoid Britain's being frozen out completely, Harold Macmillan, when he was Chancellor of the Exchequer last fall, put forth a counterscheme, broader but less radical than the Common Market. He proposed the creation of a Free Trade Area in Europe, to take in not just the Common Market Six, but twelve other European nations besides. The Six, who have all had previous bitter experience with British delaying tactics, said fine-but we want to create the Common Market first. The Free Trade Area...
...Creation of the Free Trade Area, declared Peter Thorneycroft last week, "will make us a better ally." The U.S. State Department, though recognizing that some U.S. industry may at first suffer, is all for the two schemes-convinced that all Europe will eventually gain by them, and therefore the U.S. too will benefit...
EASIER CREDIT for small business is being pushed in Congress. Chairman Sparkman of the Senate Small Business Committee is calling for creation of privately-operated national investment companies, financed in part by Federal Reserve banks, to make long-term loans and invest in stock of small companies. He also wants Government to insure 90% of value of any small business loan...