Word: debt
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Dates: during 1950-1959
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...Ohio would take action, says Assistant Director W. Dwight Darling of the department of education, Ohio could handily take care of its needs. This year a legislative service commission report declared that "regardless of what may be the actual school enrollment in 1960 . . . the $1,000,400.000 of uncommitted debt capacity present in Ohio's school districts is far more than enough to supply the needs...
Lionel Spiro, a member of the freshman group, said that a ruling by the freshman dean's office would make the Jubilee Committee personally responsible for payment of the debt...
...return of prosperity. Alberta Social Crediters built a sound, conventional administration. In 1947 the discovery of vast oil deposits provided a new bonanza; the government cashed in handsomely from the sale of exploration and drilling rights, and from production royalties. The cash surplus rapidly outgrew the province's debt. This year Manning's government declared a cash dividend of $22, payable to every adult citizen who has lived five years in the province...
Convert to Success. In neighboring British Columbia, Cecil Bennett, a hardware merchant and Tory politician, forsook his old party in 1951, joined the new Social Credit movement, led it to two straight election victories. He built roads, lured industries, cut the provincial debt and this year installed his own form ot giveaway: a $28 tax forgiveness for every homeowner. Bennett has masterminded Social Credit's plans to win national sway by nominating as many as 170 candidate: in Canada's 265 constituencies...
Scramble for the Dollar. In sordid fact, according to Coulter, the average American is "up to his ears in debt," trades jobs "constantly in a frantic scramble for the extra dollar," and by all odds will wind up in jail, divorce court or the psychiatrist's clutches. "Every third or fourth person you meet," said Coulter, "is having psychiatric treatment. Each big apartment building has at least one resident psychiatrist, and some have four or five. It is the boomingest profession in town...