Word: held
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Dates: during 1950-1959
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...Work, Work, Work." Careerman Bob Murphy fell into the Foreign Service almost by accident. Born in Milwaukee on Oct. 28, 1894, he was the only son of an Irish-American steam fitter on the Chicago, Milwaukee, St. Paul & Pacific Railroad. He worked his way through school, held dozens of odd jobs, e.g., selling the Milwaukee Journal. By 1916 he had managed to get into Washington's George Washington University Law School. There, an old foot injury kept him out of World War I military service-so he applied for a civilian war job and wound up as a clerk...
...hanged (though privately this time, to spare the sensibilities of the British left), and the trial began of four young men and an Arab Christian girl charged with bomb throwing. Nonetheless, King Hussein was feeling secure enough to order the release of 50 army officers who had been held on suspicion of disloyalty. Not to be outdone, Israel announced it had uncovered "the biggest spy ring ever discovered" with the arrest of twelve Israeli Arabs who were working under the direction of Syrian military intelligence...
...Mexico City (1901-02), Washington (1931), Montevideo (1933), Buenos Aires (1936), Lima (1938), Guatemala City (1939) and Bogota (1948). By 1948 the World Bank, the International Monetary Fund and the Export-Import Bank had been launched; the U.S. took the view that any added agency would be a duplication, held steadfast to this position at inter-American conferences in Washington (1950), Caracas (1954), Petropolis (1954) and Buenos Aires...
Taking up the threat of oncoming inflation, the Federal Reserve review speculated that further price rises might be held down by the large inventories still on hand. Recent price rises in steel and other raw materials, said the report, were encouraged by the Mideast crisis, and might prove to be transitory. In one case they had already proved so; custom smelters of copper, who fortnight ago raised their prices ½? to 27? a lb., last week cut their prices back to 26½?. But steel showed no sign of retreat, as steel price hikes spread to 65% of the industry...
...Administration held out firmly against every such proposal, convinced that while recession was the immediate problem, the long-range problem was inflation. Now almost everybody else has come around to this view. Fortnight ago, the House killed a $2 billion public-works program that had once been a major Democratic antirecession measure...