Word: cutback
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...budget ax that hangs over every U.S. planemaker fell with swift and painful force. In the first big cutback of the current economy drive, the Air Force last week issued a curt announcement that North American Aviation's rocket-and-ram-jet Navaho intercontinental guided missile was being washed out of the U.S. defense program. Down the drain went a project that has taken eleven years and between $500 million and $700 million to bring the Navaho within a few weeks of full-scale test flight. With it went the promise of another $1 billion in contracts for North...
Senior Faculty members could not be counted on for much more tutorial work, if any, unless there was a great cutback in course offerings. Committee responsibilities have increased tremendously (Murdock last fall served on nine Faculty committees) and this seems to preclude the Faculty's deciding to assign itself much more tutorial...
...This year, for example, most farmers gave the soil bank their poorest acres, keeping their best for their price-supported crops. This was legal, if the payment reflected the poor quality of the land. Often it did not. Many farmers plowed up pastureland and planted crops, offsetting any production cutback...
...President's warning came just before the London talks recessed until next week and Presidential Disarmament Adviser Harold Stassen flew home to report fresh progress toward "partial disarmament" providing for a cutback in arms, manpower and defense costs. Three days before Stassen's arrival, Secretary of State Dulles had also moved in to mod erate any undue optimism about the talks that Happy Harold Stassen might generate. The Soviet proposals, Dulles granted at his news conference, marked "a certain measure of progress." But the Administration would make no disarmament moves-which could involve the "very existence...
Many a U.S. policy planner was still nagged by worries that Great Britain's revolutionary defense cutback (TIME, April 15) would lead to a general weakening of NATO, and a newsman put the question to Ike. "Everybody agrees," he replied, "that Britain must have a sound economic base on which to build its forces, or in the long run it is not an effective partner . . . Now, while we are disappointed to see in this coming year 13,500 [British] men taken out of Europe, still it does not, in our opinion, obviate the necessity for a shield ... in Western...