Word: expand
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Dates: during 1950-1959
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Housing: The Administration will offer proposals to expand FHA mortgage terms (lower down payments, longer to pay) on low-cost houses...
...Sumner, a master orator who succeeded Daniel Webster in the U.S. Senate, carried the Negro's banner there. They were the spiritual leaders of the "Radical Republicans," whose pro-Negro stand was far beyond that of Abraham Lincoln. In 1866, when President Andrew Johnson vetoed a bill to expand the Freedmen's Bureau (an agency to aid and educate former slaves), Stevens rose in the House and called the North Carolina-born President "an alien enemy, a citizen of a foreign state." In the Senate, Sumner cried that Johnson was "an insolent, drunken brute, in comparison with which...
...trouble is that in most of the laggard categories industry is being deliberately cautious. Some of the items, such as copper and lead, are not in short supply now. In fact, prices are dropping because of heavy supplies pouring in from abroad. Thus, though it may be vital to expand domestic production capacity lest foreign supplies be cut off in time of war, there is little incentive to do so. Other industries that have expanded, such as newsprint and steel, know that there is a good civilian market waiting for them, defense orders or no. But producers of such materials...
What is needed is more incentive for these industries to expand. One tried and true method, the fast tax write-off, might be liberalized, i.e., instead of getting a write-off on, say, 60% of a new installation, the producer would be allowed a full 100%. Instead of writing off the cost in five years, he might be allowed to do it in two or three to shorten the risk that new developments might make his plant obsolete. For such items as titanium, which alone may mean air supremacy for the nation with a plentiful supply, the Government may have...
Thus, the American market seems treacherously unstable to foreigners. What is in demand one day may not be the next. Therefore, many foreign producers are reluctant to expand their sales in the U.S., even when there is a strong demand for their products. One Dutch manufacturer of tea sieves, whose products made a big hit with U.S. housewives, nevertheless refused to enlarge his production for fear the market might dry up. Many fail to expand because their sights are set lower than U.S. manufacturers, and the small market they already have seems big to them. Others, not without reason, believe...