Word: dependency
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Dates: during 1950-1959
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...present its program, deal with the proposals pretty much on their merits, hold off until 1958 (an election year) before unwrapping their own party-labeled legislative package. The Republicans faced a sterner test of congressional leadership. If the 1956 elections proved nothing else, they showed that the G.O.P. cannot depend even upon Ike's popularity to give it control of Congress; the key to an improved Republican congressional electoral showing lies in an improved Republican congressional record. In the somewhat unwieldy House, divided 233 Democrats and 200 Republicans (with two vacancies). Leader Joe Martin would just have...
...Where the steelmen will get the funds in the tight money market was another question. Last week Lukens Steel Co. produced an idea: it plans to finance its $40 million expansion program through 20-year loans from General Electric Co. and other big customers. Most other steelmen will probably depend on earnings to finance the new plants, are expected to boost prices to get the extra cash they need. At week's end U.S. Steel, Bethlehem and Inland Steel hiked prices 1% to 4% on specialty items for the second price rise in six months...
Another argument used to justify opposition to a stronger curriculum has been presumed unavailability of adequate instructors. But at least initially, the Center would depend on professors drawn solely from the coeperating programs. Aside from the Director, who would head the governing interdepartmental Faculty committee, there need be no new personnel to staff the Center. And as new men are trained in International Relations, here and at other institutions, more high quality instructors will become available...
...question on which all oil calculations depend is: How soon will the Suez Canal be open again? By last week the first optimistic predictions of three months' work had turned to talk of six months' or more. Once the work is under way, salvage experts hope to clear a shallow channel for ships of 25-ft. draft in a few weeks. Then tankers plying the cape route to Europe from the Persian Gulf could take a short cut through Suez on the empty return trip, cut their time by 25% and costs proportionately...
...France, where 30% of all factories depend upon oil for fuel, the pinch is already starting to hurt. French railroads are cutting back schedules, switching from diesels to steam engines. Gasoline deliveries are down 20%, and the booming French Riviera tourist resorts are crying disaster; within a few days of the first gasoline restrictions, hotel occupancy dropped as much as 75% below normal. In Denmark and Spain there is also the glum specter of rationing, with fuel supplies down as much as 25%; Sweden and Switzerland have already banned pleasure driving on weekends...