Word: debt
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Dates: during 1950-1959
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...controversy on the issue of defense versus offensive weapons . . . originates in an unwillingness to admit that both are essential," and that the unwillingness stems from "false notions [about] the relative values of things at stake." Expenditures for "adequate offense and defense," Seitz admits, would entail expansion of the national debt, further inflation and sacrifice of some luxuries. But defeat by the Soviet
Dine Together. When Congregationalist Blaisdell first arrived at Claremont in 1910, he moved into a world that was anything but prosperous. Pomona College, which he took over, was a dingy, debt-ridden place with an enrollment of 300 and only five buildings. Blaisdell immediately set to work writing alumni for funds. He made speeches, broadcast the name of Pomona across the state. By the end of World War I. Pomona had 750 students and more applicants than it could handle. It was then that Blaisdell made his decision : instead of allowing Pomona to grow into one big campus...
...billion for new plant and equipment in the last four years, the announcement meant that there will be no letdown in the company's growth program. The issue will be the biggest industrial offering ever made to the U.S. public, and will represent the first long-term debt G.M. has had since 1949, when it retired the last of its notes...
Like a man trying to fill a glass of water to the brim without spilling a drop, Treasury Secretary George Humphrey last week turned in a neat performance with the national debt. The Treasury's recent offering of $2 billion in seven-year 2¾% bonds went so well that Humphrey permitted it to be oversold by $240 million. With the market for Government borrowings beginning to tighten up for the first time in many weeks, Humphrey did not know when he would be able to sell bonds at such a low rate again...
People with the advantages of a university education owe a debt to the community to "stick their necks out" for civil good, Jerome L. Rappaport '45 said yesterday. Rappaport, an early leader in the New Boston committee, gave an informal address at the Tuesday Coffee Hour in Harkness Commons...