Word: leveler
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Dates: during 1950-1959
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Like sleet out of a grey winter sky, gloomy economic reports pelted out of Washington. The December industrial-production index drooped 7% below the level of December 1956. Personal income fell off in the steepest monthly drop since the alltime peak of last August. Year-end unemployment edged up 200,000 to 3.4 million to make it 5.2% of the labor force, the highest December rate since the recession year...
...question of Russia's demands for an international summit conference. Hagerty pointed out that last May Russia's Nikita Khrushchev had taken a position that was now close to the U.S. position; i.e., that a summit conference should be preceded by a working-level preliminary conference. (Secretary of State Dulles had dug up the Khrushchev statement and passed it to Hagerty by telephone just before the briefing.) It was an item that President Eisenhower could (and did) use at his press conference. At 10:27 o'clock, only three minutes before conference time, Hagerty concluded: "That...
...radio speech to his countrymen last week. Gold and foreign-currency reserves shrank by $150 million in the last two months of 1957, construction was off by 4%, coal production had declined in 1957 for the first time since World War II, and unemployment had reached its highest level (1,200,000) since 1954. Privately, Erhard told friends that the German economy has paused for "a breathing spell." Confronted with the added threat of strikes by transport, coal and bank workers demanding shorter hours and more pay, the engineer of the German miracle had a typically German solution. Citizens, said...
There is a large group of students at Harvard who have a general background in music, and who would benefit from upper-level courses which do not require two courses in harmony. There is also an annual body of Music 1 alumni who want to go on in music without concentrating. Not all of them are free Mondays at 11:00, but this is the only time the Music Department will accommodate them this spring...
Landau's performance was especially fine and indicated that he may be nearly invincible in Ivy League competition. He was beaten only by Charley Pratt of the Philadelphia Pioneer Club and Elias Gilbert of Winston-Salem Teacher's College, both consistent winners in national-level meets...