Word: expansionism
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Dates: during 1940-1949
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Once a fiery advocate of Puerto Rican independence, Munoz now believes that both independence and statehood are best forgotten while the island builds up its economic health. His platform: industrialization, expansion of the social legislation which he wrote in the days before Governor Rexford G. Tugwell* arrived, a new Pureto...
Its intentions were toward deflation-just a little deflation. Treasury Secretary John Snyder upped to 1¼% the 1⅛% interest rate on short-term Government bonds. lie expected, rightly, that banks would follow the example and raise interest rates, thereby curbing the inflationary expansion of credit. By midweek, some...
Even Keel. But Uruguayans have also to thank the skill of their government for their good fortune. One prime reason for Uruguay's escape from inflation is that she spends little money on armament. Another is that she did not attempt overambitious postwar industrial expansion, confined it in the...
By freeing the peso, Beteta hopes to make Mexican exports stronger competitors in the world market, perhaps stimulating Mexico's production. And the favorable position of the dollar would probably revive the lagging tourist industry. But while production might increase, Mexico's ambitious industrial expansion would be slowed...
There were 40 priests in the first class in 1889. Today, after 59 years, coed "C.U."* stands out in scholarship among the 167 U.S. Catholic universities and colleges the way Notre Dame stands out in sports. Its enrollment is bulging: 4,182 students in winter, an even more influential summer...