Word: expectation
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Dates: during 1950-1959
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...will see that everything is a lie, You will see that there is no love . . . Even though you are gnawed with pain, Never expect any help, Nor a friendly hand, nor a favor...
Economic Aid. The new program offers long-term aid on a loan basis to the underdeveloped countries of Asia and Africa to help provide the visible signs of economic progress that their peoples are learning to expect and demand. The method of providing capital is entirely new: creation of a Development Loan Fund, to replace former handout-style grants, through which the U.S. will be able to channel $500 million in fiscal 1958 and $750 million in both fiscal 1959 and 1960 into basic foreign-growth projects such as roads, dams, utilities, "the sinews of economic strength...
...Economics Bud Hutchinson, 36, for writing a letter to the undergraduate Plainsman praising the progress of integration in New York City's public schools. Said the president: "In the light of the emotions and tensions over this question in Alabama. I felt that Mr. Hutchinson could not expect to advance his career at this institution." Obviously, retorted Hutchinson, "professors who dare to perform their function of providing information do so at the peril of their jobs and professional reputation. It is precisely on emotionally charged subjects that debate and discussion must be allowed. If we condone an abdication...
...Madison Avenue, in the top-level shoptalk about NBC's Saturday night Caesar's Hour, TV's best comedy show. TV bigwigs have not let their tribute to Caesar keep them from rendering unto the sponsor what is the sponsor's: the right to expect that so costly a show ($223,000 a week, including time charges) will pay off in a far bigger audience than its sagging ratings have reflected. Last week Caesar and NBC announced that his nine-year reign on the network will end with this week's show...
...they can invest their money at better returns in non-Government securities. If the Treasury hopes to carry off its refinancing program successfully-and $28.5 billion in short-term notes will become due this year-it will probably have to boost its interest rates. In any case, it can expect little help from the Federal Reserve Board. In accordance with its independent policy, the Fed did not lift a finger to buy notes in support of the Treasury's floundering new issue...