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Another reason for the pickup is the Administration's fiscal policy. Fifteen months ago, while the boom still was pushing up prices, the Administration tightened up on credit. As soon as business showed signs of contracting, the Government nimbly reversed its policy, followed through with more liberal housing laws and the biggest tax cut in history ($7.5 billion). The change in policy cost the Administration a balanced budget. But, just like the Truman Administration, the Republicans thought a balanced budget not worth paying for with more jobless, less business expansion and falling sales...

Author: /time Magazine | Title: STATE OF THE ECONOMY-: Politics Makes It the Major Issue | 10/18/1954 | See Source »

...wife became ill in Hong Kong, Huang made his second fruitless appeal for an exit permit. In July, Communist charges at Geneva that the United States was holding four thousand Chinese in this country brought Huang one last hope. In negotiations with the Communists, the United States released fifteen Chinese, among them Sheldon H. T. Liang, ex-Research Fellow at the University. But Huang was not among the chosen...

Author: By Stephen S. Shohet and John S. Weltner, S | Title: The Paper Curtain | 10/8/1954 | See Source »

...officer, and Emlyn Williams, a pirate, can do little more to support a disjointed script sagging mainly from the over-productive imagination of authoress Daphne du Maurier. Both the screen play and the acting proceed at a hurricane pitch, which makes Jamaica Inn seem considerably older than its tender fifteen years...

Author: By Dennis E. Brown, | Title: Jamaica Inn | 9/30/1954 | See Source »

...speechwriters, laboriously polishing a text he had no intention of using. One day last week, an hour before the broadcast, the President arrived at a side door of Denver's KLZ. In the main studio, Ike's TV Adviser Robert Montgomery checked and rechecked equipment and staging. Fifteen minutes before air time, the President posed for still photographers and a cameraman asked him to say something so it would look as if he were delivering his speech. "What'll I talk about," Ike asked, "my .golf score?" "That would be fine," said the photographer...

Author: /time Magazine | Title: THE PRESIDENCY: A Case of Nerves | 9/6/1954 | See Source »

...Fifteen times during the week, the Mundt Committee or various combinations of its seven members met in various offices and corners of the Capitol. Purpose: to seek agreement on what to report about the McCarthy-Army fracas. Early in the week, newsmen were "reliably informed" that the Mundt Committee had achieved what had seemed impossible: within a few days it would issue a nearly unanimous report knuckle-rapping all four principals, McCarthy, Cohn, Stevens...

Author: /time Magazine | Title: INVESTIGATIONS: Hung Jury | 8/30/1954 | See Source »

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