Word: membered
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Dates: during 1950-1959
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...husband in The Consul. On Menotti's advice, he studied opera seriously for 2½ years while working nights at a Bulova Watch plant making analogue digital computers. With some misgivings, he finally gave up his $200-a-week job with Bulova to become a regular member of the New York City Opera. MacNeil now specializes in Verdian roles, plans at last to learn Italian. "Once," he recalls ruefully, "I was singing Traviata and flung my hand out because the music felt like it. Then I was afraid to pull it back because I didn't know what...
Trimble is now spending 18 hours a day digging beneath the surface of Capitol Hill, where a House committee last week blandly approved a bill to let each member add a $14,162.04 aide to his staff...
...surprise of Wall Street, the Federal Reserve Board last week tightened up on credit again-and immediately stirred up a controversy. In the third such move since last summer, the Fed permitted four district banks (New York, Chicago, Philadelphia, Dallas) to raise their discount rates to member banks from 2½% to 3%, thus allowing others to follow...
...move came as a surprise, because only one day earlier, Federal Reserve Board Member M. S. Szymczak told a Washington audience that the Fed might have followed a tougher money policy were it not for the 4,700,000 U.S. workers still unemployed. His remark was interpreted to rule out any quick discount hike, and the bond market spurted up on the strength of it; after the announcement, the market slipped back again...
Later, Board Member Szymczak insisted that he had been misunderstood, declared that he had simply meant to say that the Fed would adopt an even tougher policy except for unemployment. Summed up a Fed spokesman: "Unemployment is a distressing fact. But we feel that we have to develop a sound economy so that we won't fall into a slump again and have even more unemployment." By raising the lending rate to member banks, the Fed showed its confidence that the U.S. economic recovery is steadily picking up steam-and its fear that inflation is once more a major...