Word: leveler
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Dates: during 1950-1959
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...racialism is banished." Summoning a caucus of his dominant United Rhodesia Party, he told the legislators: "The vote must be "given to those Africans who have earned the right of being called civilized and responsible persons." His suggestion: Give the vote to all Africans who have reached "Standard Eight" level of education-corresponding roughly to the sophomore year in high school-whether they meet the income requirement or not. To mollify the conservatives, Todd conceded that for those not qualifying under this "special" educational dispensation, the income requirement should be kept at $56 (which excludes all but a handful...
...Civil Air Patrol head and director of four corporations. The two old flyers heard Norwegian-born Balchen's World War II exploits recounted (he built a secret Army Air Force base in Greenland, completed 51 rescue missions there, later parachuted supplies to the underground on 67 low-level flights to Norway, made no round trips in unarmed planes ferrying internees from Sweden to Britain). President Eisenhower sent his respects, and doughty Norwegian Ambassador Wilhelm Munthe de Morgenstierne paid tribute to Balchen. Then, to add to the constellation of honors (including the Legion of Merit and the Medal of Honor...
...they are still in a mess. Democrats went much farther, cried loudly of a crisis at the Treasury. Reason: in the next twelve months, the Treasury must refinance some $75 billion (28%) of the U.S. debt, and do it in a market where Government bonds are at their lowest level since the Depression, and interest rates are climbing. Last week, to sell $3 billion worth of 264-day tax anticipation certificates, the Treasury was forced to raise the interest rate to 3.485%, highest since...
...make long-term Government bonds more attractive, some bankers think that the Treasury should boost its rates more in line with the market level. While some financial men fear that such a move would demoralize the entire Government bond market by depressing lower-paying issues, others argue that the Treasury needs strong medicine to solve its problems. Still another idea is to float a convertible bond. The U.S. Treasury could issue a convertible bond at 4% interest, for example, give investors the option of either cashing it in after one year, or of converting it into a longterm, twelve-year...
Made up of editors, artists, writers, members of parliament and other political and cultural leaders, the International Seminar will engage in what has been termed "high level discussions" with Henry A. Kissinger, Executive Director of the Seminar...