Word: leveler
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Dates: during 1950-1959
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Nikita Khrushchev, pudgy, hard-drinking son of Ukrainian peasantry, became dictator of Russia last week, grinning and triumphant after carrying out the most sweeping purge of top-level Kremlin Communists in almost 20 years...
...things that are never reflected in the programs they sponsor. There is often a complete divorcement between the individual and his corporate personality. I'm not saying that his primary job is to educate, but the sponsor cannot escape his responsibility . . . for contributing to the level of taste...
...Manufacturers Trust, Chemical Corn Exchange, Irving Trust, and The Bank of New York all lent between 6% and 11% more money and in return had increased earnings of from 13% to nearly 19% higher than 1956's level...
MAIL-ORDER PRICES in this fall's Sears, Roebuck catalogue will be 1% below last season's, a reversal of inflationary trend. Montgomery Ward prices for automatic washers, dryers will drop 4% to 12% below current level...
...through stock and bond issues. Disregarding temporary conditions of supply and demand, they began to set what Senator Kefauver and economists such as Edwin Nourse, ex-chairman of the President's Council of Economic Advisers, call "administered prices"-prices that are set to achieve a predetermined profit level that will defray not only wage increases but also most of the expenses of new plant expansion...