Word: higher
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Dates: during 1950-1959
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...President Eisenhower last week rejected a plea by the New England fishing industry that he raise the tariff on groundfish fillets (i.e., boneless cuts stripped from pollock, cod, haddock, other bottom fish) and thus protect beleaguered U.S. ground fishermen against further imports (now 128 million Ibs. -annually, three times higher than in 1945), chiefly from Canada, Iceland and Norway. While fully aware of the domestic problem, explained the President, "I am ... reluctant to impose a barrier to our trade with friendly nations"-and especially with nations whose "economic strength is of strategic importance to us." Moreover, "I am not persuaded...
Many Harvard Square merchants feel that there is more Christmas shopping in the area than ever before. The owner of one store said, "The students are doing their shopping in Cambridge, and buying higher quality goods...
This attitude is slowly changing. The public still makes jokes about the weatherman from force of habit, but it relies on him too. Last year the U.S. public made more than 200 million telephone calls asking about the weather, and this year the score will be higher. Farmers called, hoping for rain. Vacationers, picnickers, soft-drink bottlers and garden-party hostesses called, hoping for clear skies. Every year more weather facts are demanded and supplied: sailing conditions for yachtsmen, rainfall on watersheds. Newspapers and TV feature weather maps. Industries, department stores, oil companies and airlines employ meteorologists. The armed services...
Actually the Federal Reserve's decision last week to permit commercial banks to pay 3% interest on savings accounts may prove a greater help to housing. By paying higher interest, banks will encourage saving, and thus increase the flow of lendable funds available to builders...
...Foundation was set up in 1905 by the late Andrew Carnegie to support the "profession of the teacher and the cause of higher education." During the past 51 years, the Foundation has provided some $67 million in pensions to retired teachers and their widows. In addition the Foundation constantly sponsors studies of educational problems...