Word: dangerous
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Dates: during 1950-1959
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Coupled with the distaste felt by many towards Federal money in the field of education due to the danger of possible regulation, the piddling sum involved, only $25,000 this year, has led many observers to question the wisdom of the University entangling itself in the Federal program. Under the present act, they point out, the most money the University, including all the Graduate schools, can receive is $250,000, a relatively insignificant sum in a loan program where $400,000 in long term notes was issued by the College alone...
Back at college, students who have not been to Europe receive vicarious tours, and the general feeling is one of close familiarity and affinity with Europe and its people. The danger of this impression of cosmopolitanism lies not merely in its inaccuracy, but in the convenient rationale it affords for an escape from one's own background. While the student sloughs off childhood attributes, he is tempted to discard many of the values developed at home in favor of the new ones he imagines to have found here. But Harvard, while it spurns the richness of a full American tradition...
...officials still rely exclusively on Salk killed-virus vaccine in the fight against poliomyelitis, a dozen countries around the world are testing live-virus preparations-all developed, ironically, in the U.S. Early results are highly promising, and so far no ill effects have been reported despite the seemingly greater danger with live virus...
...that we won't fall into a slump again and have even more unemployment." By raising the lending rate to member banks, the Fed showed its confidence that the U.S. economic recovery is steadily picking up steam-and its fear that inflation is once more a major danger...
...allowance to include a wide range of refined and processed products. Oilmen, for example, are able to compute the allowance on the value of petroleum products made from gas as they come from the cycling plants and not on the lower value of gas at the well. The danger of this precedent, said Treasury, is that the allowances could be carried to ridiculous extremes, with claims being allowed for structural steel, ceramics, pig aluminum, etc. The allowance on two tons of iron ore is $2.40, said Treasury, but would jump to $44.25 if computed on the value of steel bolts...