Word: debt
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Dates: during 1950-1959
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...There was some pressure in Congress, largely from Democrats, for an election-year tax cut, but George Humphrey laid down a firm Eisenhower Administration line for another kind of cut: the surplus should be used, he said, to "make a most welcome reduction in our huge [$276 billion] national debt...
...general manager, asked a modest $55,000 to do the job for Uncle Sam. Federal Judge Harry E. Watkins, supervising the receivership, scaled the request to $35,000. Of that, $15,000 is deducted for current taxes, $10,000 is applied to Big Bill's seven-figure debt to the U.S., and the remaining $10,000 is for Lias...
Wildest Beast. By contrast to Soutine. Vlaminck leaves no doubt of his initial debt to Van Gogh. Recalling the day he saw his first Van Gogh oils. Vlaminck says: "When I left that gallery, I loved Van Gogh more than my own father.'' Vlaminck, onetime bicycle racer, nightclub fiddler and casual Sunday painter, began turning out paintings in pure, clashing colors that made him, along with Matisse, one of the leaders of the fauve (wild beast) school, and as Derain said, "the wildest of the beasts...
...next five years, U.S. Steel will reinvest earnings of $220 million annually, the profit on about 56% of its sales, will use another $140 million from cash set aside for depreciation. But the other $140 million must be financed by adding to U.S. Steel's current $286 million debt...
...military race seems to be aimed at the non-atomic intercontinental ballistic missile. If the result of continued nuclear tests will be a biologically deformed species, the defense is of doubtful value. Until scientists are certain that this will not be the result, all nations should realize that their debt to the future demands a halt...