Word: failings
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Dates: during 1960-1969
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Raymond Siever, chairman of the Geology department, promised that the faculty next year will offer at least one new course which the students requested in response to a survey last spring. He also promised that some graduate courses which are now graded will become pass-fail next year, as many students asked in the survey...
...promised to build toward: "an all-volunteer armed force." A main reason for this is that the Pentagon's basic support for the idea of a volunteer army is heavily qualified by worries that it will not work-while the draft has now delivered the bodies without fail for two decades...
Guidance for the Guides. Such computer-aided college selection offers help with three increasingly pressing problems. The computer's prodigious memory relieves students of the fear that they may fail to apply to the right school simply because they have never heard of it. The computer also helps remove a burden from hard-pressed high school counselors. Finally, the program assures consideration for less well-known colleges that have empty places and need students but are all too often overlooked by applicants...
...mini-recession of 1967. Since January 1967, the money supply has increased at a 9.9% annual rate, and Friedman blames today's inflation primarily on that fact. Last year he correctly predicted that, in the absence of restraint on money supply, the 10% income tax surcharge would fail to rein in the economy appreciably during 1968. Rather belatedly (and too recently to show in quarterly figures), the Federal Reserve has sharply reduced the rate of increase in money. As a result, the economy shows some signs that it is about to slow down...
...most of our national institutions these days rely upon college educated men for their leadership. Who is prepared to trust their sons--let alone the nation's destiny--to the leadership of high school boys and college drop-outs? Only the grossly uninformed or narrowly bigoted critic could fail to comprehend that the armed forces have a perfectly valid need for a fair share of the time and talents of the young Americans who have been blessed with a college education...