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...Administration will make its budget look better by accelerating the practice, begun by Dwight Eisenhower, of selling off federal assets. It intends to market to private bankers billions of dollars worth of "paper assets," notably Government-backed mortgages held by the Federal National Mortgage Association. Expected income: $4.7 billion. It also will continue emptying out the federal stockpiles. In fiscal 1967, in addition to selling off copper and aluminum, the Government plans to dump onto the private market such fascinating commodities as 3,866,178 Ibs. of duck feathers, 129 million Ibs. of castor oil, 12 million carats of industrial...

Author: /time Magazine | Title: Essay: READING THE BUDGET FOR FUN & PROFIT | 2/18/1966 | See Source »

Outside the Administration, many thought it was time for the brake pedal. Appearing before the Joint Economic Committee, U.C.L.A. Business School Dean Neil H. Jacoby, a member of Dwight Eisenhower's Council of Economic Advisers, argued that proposed 1966 spending by Government, business and consumers was "far in excess of the real productive capacity of the economy. Preventive action is needed now, not after the inflationary process has become established." Arthur Burns, Ike's chief economic adviser, told a U.S. Chamber of Commerce symposium: "While the Government is lecturing the private community on the need for restraints...

Author: /time Magazine | Title: The Economy: Time to Step on the Brakes? | 2/18/1966 | See Source »

...points include an overtime goal that best Princeton, 7-6, a week and a half ago. Captain Jim Otness, a teammate of Diercks at Edina-Morningside High, will be playing his first game since he separated his shoulder at Princeton. Rounding out the line with Bauer and Otness is Dwight Ware, who shot home the winner in the second B.C. match...

Author: By Robert P. Marshall jr., | Title: Freshman Sextet to Meet Unbeaten Andover Squad | 2/16/1966 | See Source »

Louis Lyons and Dwight Sargent need no defense from me, since what they have accomplished (and the record of past Niemans in and out of Journalism) speaks for itself. Suffice it to note that President Conant, whose hopes for the Nieman program were so often invoked by Ardery, was sufficiently well pleased by the program developed under Lyons to keep him in the curator's post. And also to note that President Pusey, and journalists in general, have felt the same way about Lyons and now about Sargent...

Author: NO WRITER ATTRIBUTED | Title: Nieman Fellows Criticize 'Crimson' Article | 2/11/1966 | See Source »

Ardery suggests one or two good points, for which he deserves credit for their advancement if not their originality. Help with housing would be appreciated, as would more money for the married Fellows (although the bachelors might well raise the question of fairness). But Dwight Sargent most strongly does encourage "imaginative and original study plans," conducting the first group meeting of the year in such a way that the Fellows are exposed to a dozen different suggestions on how to use the year. The underlying assumption is that the Nieman Fellows are adult enough to select those courses and programs...

Author: NO WRITER ATTRIBUTED | Title: Nieman Fellows Criticize 'Crimson' Article | 2/11/1966 | See Source »

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