Word: drained
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...governors could afford to be cool because state unemployment-compensation treasuries, constantly replenished by payroll taxes, are still well filled. With a record $320 million drain in February, the total pool decreased by only $173 million, leaving a huge balance of $8.2 billion. Despite gubernatorial coolness, the Administration will probably move ahead with some sort of plan expanding unemployment compensation. At the same time, it will continue speeding the flow of federal money into the economy. Last week the President ordered Housing and Home Finance Administrator Albert Cole to speed up the spending and lending of about $650 million...
...move was hardly serpent-subtle, but it fitted present Communist postures and predicaments. As propaganda, it obscured the fact that the U.S. has long since withdrawn all but two divisions. As a practical matter, the 350,000 Chinese troops in North Korea are a drain on its shaky economy, and back in China they can flesh out the none too plentiful labor force, still act as reserves ready to pour back across the border if necessary. Weapons kept by the U.S. in South Korea capable of delivering nuclear warheads rankle Peking and Moscow, and while Chou was ranting last week...
...With the jungle overcrowded, other immigrants fan out into other areas in the city. Some well-off families manage to slip into fine old neighborhoods like Germantown, where they keep well-run homes. But the net effect of the migration is to create new ghettos, drop real-estate values, drain tax revenues, lift the crime rate,† and overburden public schools (18 are all-Negro; in 50, Negroes comprise from 50% to 90% of the student bodies). "There are 60,000 units housing 200,000 people today," says Mayor Dilworth, "that are unfit for human habitation...
...national protest in France. Recently an aviation expert flubbed three questions in a row. His Brawn, Swimming Champion Aldo Eminente, saved him twice. But the strain on Aldo's stroke was too keen. On his third try, Aldo slowed down and their joint jackpot went down the pool drain. From the nation's 700,000 TV rooms came scores of outraged calls and letters...
...policy since 1886, when Lord Randolph Churchill. Sir Winston's father, quit the Cabinet of Lord Salisbury.* Despite all Harold Macmillan's reassurances, so drastic a protest inevitably stirred fears that the government was, in fact, backing away from the stern fiscal policies that have halted the drain on Britain's gold and dollar reserves and stabilized the pound. The pound dipped briefly, then steadied at $2.81 as Heathcoat Amory reiterated his determination to defend sterling. "Nothing whatever will take precedence," he said. At week's end the Economist was commenting reassuringly: "This has been primarily...