Word: holdes
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Dates: during 1950-1959
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...powderpuff. Marcia Marx Bennett, 26, is a wife, mother-and a good painter. Last week the pretty blonde from Newark had a smash hit show at Mexico City's Institute Nacional de Bellas Artes, the first American woman painter and the second American ever invited to hold a one-artist show there...
...muted confidence as evidenced by the National Association of Purchasing Agents, which reported that its members "have lost some of last month's optimism." In many ways that was a hopeful rather than a pessimistic sign. The Federal Reserve has been battling with its tight-money policy to hold down overambitious businessmen, discourage excessive expansion and marginal operations. Having nipped the bubble off the boom with increasingly tight money, the Federal Reserve would now have to judge how much optimism has been quenched, and when it will start turning into business-cramping pessimism...
...INDUSTRY LURE is being pioneered by Maine and watched closely by other states. Bucking tight-money pinch, Maine legislature passed law to have state insure up to 90% of loans made for construction of new factories. Loans will be made to nonprofit corporations set up by Maine communities to hold title to a plant, lease it back to the new industry...
...quarter of fiscal 1958 and to give $300 million of it to the Air Force. It had little alternative. Despite all economies, the Defense Department spent $10.3 billion in the first fiscal quarter, leaving only $9.8 billion for the second three months. Since program stretchouts are slow to take hold, this would have meant either 1) enormous cuts to bring the budget back into line by the end of the second quarter-something military planners refused to accept, or 2) forcing the aircraft industry to borrow huge sums to pay the Government's bills...
...Will Search? The freeze, AEC said, was ordered because the U.S. by 1959 will be able to produce 15,000 tons of uranium concentrate a year, easily enough for the nation's military and power needs. But the hold-down seemed aimed more at squeezing the budget than at controlling an oversupply. Johnson himself admitted that the U.S. has only a ten-year supply of uranium-ore reserves at the projected 1959 production rate. Later he conceded that he does not know how much ore the U.S. will need for its military and economic security ten years from...