Word: debt
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Dates: during 1950-1959
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Fixed Charges 14.1 (interest on debt, pensions...
...After that, he will try to turn into reality his own grandiose schemes for American railroading: a flashy advertising and promotion campaign to boost railroad travel; large-scale financing to buy new equipment (including as much as $250 million to be sunk into his low-slung "Train X"); reducing debt by having the railroad buy up its own bonds, and pressuring the ICC to raise freight rates. Eventually, too, another old dream would fit into the master plan: merging the Central and C. & O. into the biggest railroad system in the U.S. If ICC opposition to this plan...
...honest students throw over well-paying jobs a good month before school would make them quit. The number is, of course, the sum a student may carn before he is no longer a deductable item on his guardian's income tax but becomes, himself, another prop to the national debt...
...country. Nationalists and others interested in building up a Brazilian economy free from yanqui rule should take heed, said Prestes, to these proposals: 1) annulment of all treaties with the U.S., 2) confiscation of all capital and enterprises belonging to "American monopolists," and 3) cancellation of Brazil's debt...
January: President Eisenhower will ask Congress for extended social security, freer trade, an increase in the debt limit, and continuation of extensive worldwide military commitments. This will be acclaimed as a "bold new policy" and a "dynamic new concept of Presidential leadership" by the anti-Fair Deal press...