Word: longterm
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Give an American a vague generalization like "longterm foreign aid" and he mistrusts it. Give him a daring development project that can be accomplished only by installment payments, and he sees the point. Last week, in a not-for-attribution background press briefing, a "high Government source" finally got down to cases in the Administration's long-bobbled plea to Congress for authority to make long-term foreign-aid commitments (TIME...
Faced with specifics like these, Congress may find it difficult to get away with an offhand opposition to the phrase "longterm foreign...
Wilson told the Senators that the U.S. must constantly re-examine and re-evaluate its defense posture in the light of scientific advances, e.g., the development of the 1,500-mile missile. He concluded by reaffirming his faith in the "longterm" concept of mobilization, "a stability which is not materially disturbed by every propaganda effort of unfriendly nations or wishful thinking on the part of ourselves or our allies...
...private insurance company is presently willing to take the risk of covering residents in potential flood areas, since these companies do not have the resources to cover short-term losses in return for possible longterm financial gains. Private agencies likewise are unable to provide adequate relief. Red Cross, Community Chest, and similar groups assist victims to meet the immediate impact of floods, but they can do little toward alleviating widespread economic loss...
...House of Representatives has passed a $6,000,000 appropriation to develop a low-cost method of converting sea water, thus provide thirsty cities, Los Angeles, Houston, New York and others, with unlimited supplies; it is considering a bill to authorize longterm, interest-free loans (up to $5,000,000) to local groups that want to build small dams. But Congress has left the Army Engineers with an $8.5 billion backlog of flood-control and water-storage projects. Only last week the House Appropriations Committee slashed $48 million from President Eisenhower's $512 million budget for water projects next...