Word: idea
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Dates: during 1950-1959
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...dangers in the present situation is the existence of illusions and misunderstandings on the subject. If public opinion in the democratic countries is led to expect that the U.N. can do things which it subsequently fails to do, there well may be a sharp reaction against the whole idea of a system of international law and order...
...Moreover, we must especially combat the notion that the U.N. is in some mysterious way a thing apart and different from nations which compose it, on which everyone proceeds to rely. This fallacy is of course associated with the idea that it is like an ordinary government. It is a dangerous fallacy because it obscures the need for active leadership within the United Nations...
...they resolve the problem of co-existence in society. Getting along is the problem, not getting ahead. Unlike Jimmy Dean and Natalie Wood, they don't surrender; the Young and the Passionate simply slow down. Their responsibility, they realize, is in the end only to themselves, which idea, one can readily see, has probably not hit America...
Cash Needed. Where the steelmen will get the funds in the tight money market was another question. Last week Lukens Steel Co. produced an idea: it plans to finance its $40 million expansion program through 20-year loans from General Electric Co. and other big customers. Most other steelmen will probably depend on earnings to finance the new plants, are expected to boost prices to get the extra cash they need. At week's end U.S. Steel, Bethlehem and Inland Steel hiked prices 1% to 4% on specialty items for the second price rise in six months...
...Another idea is for a flexible depreciation allowance based on the inflationary ups and downs of the economy. Under this proposal, as expounded by Cleveland Electric Illuminating Co. Vice President Ralph M. Besse, depreciation rates would still be on the basis of original costs, but would vary according to changing dollar values; thus if rates, for example, were 3% annually and prices shot up 100%, the allowance would automatically double, and businessmen could recover 6% of their original cost in that year. "Even so," says Besse, "at the end of the depreciation period, we would not have recovered enough dollars...