Word: formulae
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Dates: during 1950-1959
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...events in the Middle East prove once more that the foreign policy of Secretary Dulles can best be characterized by the formula: playing both ends against the muddle...
Against this swagger-stick arrogance, Hearn can offer only a hesitant humanism, an instinctive revulsion against the general's icy formula. "How do you calculate," Hearn muses, "whether it's better if some of them get killed and the others get home sooner, or whether they all stay here but go to pot wondering if their wives are cheating on them? How do you tot something like that up?" Replies the general: "I don't concern myself with that...
...formularized measure of the relationship between the prices of farm products and other goods. The Benson-backed alternative: a price support based on 90% of the average market price over the previous three years before the crop is raised and sold. Beginning with parity-inflated market prices, the new formula would let prices slip by easy stages until, says Benson, the law of supply and demand begins to take over and surpluses begin to sell. Props are to move toward market levels for corn, cotton, rice and feed grains (oats, rye, barley and grain sorghums). Wheat, tobacco and peanuts...
...credit), and lesser amounts are demanded from North American, Douglas, Lockheed and most of the others. The planemakers maintain that the Renegotiation Act is unconstitutional because it levies what amounts to a tax without a rate-and thus deprives the taxpayer of due process. The law provides no formula to measure excess profits. Instead, the board considers such items as the risk involved, the company's efficiency and any other "factors considered important by the board...
...sideline to the comic-book business he inherited from his father, M. (for Max) C. Gaines, who started the whole industry in the early 30s when he hit on the idea of selling reprinted newspaper comic sections for a dime. Using the standard comic formula-32 pages, newsprint, four colors, a 10? price tag-Mad was just holding its own when Gaines played a hunch in 1955, switched to semi-slick paper and higher quality black-and-white drawings, upped the price to 25? and promptly had a boffo success. The magazine now clears $43,000 an issue...