Word: leveler
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Dates: during 1950-1959
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With this announcement the week was off with a new pace. As the top-level meetings with Britain's Macmillan began, the decision was made in another White House conference to review the severe money restrictions which the Treasury Department and the Federal Reserve had clamped on the economy. And at long last, the President was prevailed upon to break the news blackout that he himself had imposed on the state and progress of American missilery. With that done, the new urgency was written in the skies in the rocket's red glare. It was a week that...
...fact that the U.S. was able to talk about them-at a critical time., when the Russians were boasting a post-Sputnik balance of power in the world-was not so much a triumph for the President's policies as for the policies of other top-level Administration officials, including Vice President Richard Nixon. At Administration conferences Nixon has urged 1) that President Eisenhower move sharply to re-emphasize his national leadership, and 2) that the Administration go farther toward explaining the true state of the nation's security to the people, by relaxing the secrecy curbs...
...kept up a drumfire of public accusations against Turkey and the U.S. Chief of Staff Afif Bizri charged that Turkish and U.S. planes from the Sixth Fleet were violating Syrian air space, and the Damascus press claimed that the planes had swept in over northern border towns at rooftop level to terrorize the population. Next day newsmen asked the Foreign Ministry's official spokesman if Syria planned a diplomatic protest. Astonished, the official asked who had reported the incident, was told Bizri had. "Well, that's a new one," said the official. The Turkish-Syrian border was sleepily...
...from simple. He had to design a monumental building of many uses that would at the same time be the gateway to a park and the lakefront symbol of the city. His answer was to keep the main floor open, se that a visitor entering from the upper level, off Lincoln Memorial Drive, can see through to the lake beyond, thus providing a visual link between city and lake. To give the building sweep and drama, he designed soaring, 30-ft. cantilevers for the upper stories, which house meeting rooms and a two-story memorial hall...
...Wall Street it was the most hectic week in years. The stock market, which has been sliding gradually downhill for three months, suddenly nose-dived and opened the week with the biggest one-day break since 1955. The Dow-Jones industrial average plummeted ten points to 423.06, lowest level since May 1955. Every major group took a beating in the slump, with drops in such stocks as Du Pont, American Telephone & Telegraph, Bethlehem Steel, Goodyear, Alcoa and all but three of the 25 rails...