Word: effect
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Dates: during 1950-1959
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...beginning, the great Dixon-Yates ruckus of 1954-55 was more a teapot tempest than a Teapot Dome, but the Eisenhower Administration recoiled from it as though it were superheated steam. In Washington last week, the U.S. Court of Claims ruled the celebrated power contract "honest" and, in effect, rebuked the Administration for not having the courage of its convictions...
...three months later, not a single Lebanese had been killed or injured by the Americans. Tank treads in the sand have long since been obliterated; a four-man Cabinet under President Fuad Chehab, the relaxed army boss, still governs Lebanon by legislative decree; business is good once more. Net effect: the Middle East learned that the U.S. is ready to intervene (and ready to leave peacefully) and that the U.S.S.R. threatened noisily but did not arrive...
...industry. "From the time they entered the Naval Academy, they've led a sheltered existence. Their friends are all in the service." As for himself, Rickover declared that "there never has been one single incident where any influence or anyone visiting me has had the slightest impact or effect on my program," and the audience burst into laughter and applause. Prodded again and again by Chairman Hébert, Rickover reluctantly agreed to submit a confidential list of names and incidents for the committee to examine...
...towards putting France's house in order last December was stabilizing the franc at 493.7 to the dollar through a devaluation of 17.5%. The stabilization worked, but the low esteem of the franc as a unit of foreign exchange still rankled. This week the French Treasury put into effect Operation Le Franc Lourd (the heavy franc): by striking two zeros off all existing currency, the outside-France value of the franc jumped 100 times, to nearly five-to-the-dollar. The franc thus again became a respectable neighbor of the British shilling (14?) and the West German mark...
...weeks before the Oberlin meeting; ministers had had little opportunity to discuss it with their church members, and many had not received copies at all. At first it looked as if the synod's inability to approve the constitution on such short notice would postpone its going into effect at least until the summer of 1963-General Synods meet only at two-year intervals. But the Oberlin meeting decided to reconvene for a special session next July to vote on the constitution. This would give the Congregationalist and E. & R. church members a year to ratify the constitution, which...