Word: mid-march
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With the U.S. facing East-West disarmament negotiations in mid-March and a summit meeting in mid-May, Secretary of State Christian A. Herter decided that an official statement of U.S. disarmament goals was urgently needed to clear up confusion both in the U.S. and abroad. Last week, after consulting with President Eisenhower, Herter set forth those goals in a major policy speech to Washington's National Press Club. It was at once a hard-headed warning about the perils of disarmament for disarmament's sake and a misty-eyed vista of a disarmed world patrolled...
With belated help from the Republicans -prodded by President Eisenhower-the bill was voted out last week and scheduled for debate beginning around mid-March. By amendment from the floor the Republicans hope to stamp the House bill with an Administration trademark : Attorney General William Rogers' plan to guarantee Negro voting rights by federal court appointment of voting referees where they are needed (TIME...
...summit lest Nikita Khrushchev grow impatient and the "momentum" of East-West efforts for peace be lost was less forceful when Khrushchev himself seems to be in no hurry for a summit. The French offered him two dates for his pre-summit visit to Paris-Feb. 20 or mid-March. Khrushchev chose the later date, blandly explaining from wintry Moscow that the weather in Paris was likely to be better then...
...nomination of Lewis Strauss went before the Senate's Interstate and Foreign Commerce Committee more than three months ago-but the committee did not call Strauss up for questioning until mid-March. Chairman Warren Magnuson hinted at what lay ahead. "There are many, many questions," said Washington Democrat Magnuson, "and many subjects to go into." Last week the committee was still picking away at Strauss, had further hearings scheduled for this week...
...Development Corp. in Miami last week was Peter Theakston, 13, who had banked enough from his newspaper route to buy four shares last January at 38⅜. Like other shareholders, Peter was concerned by the stock's gyrations (TIME, March 30)-selling as high as 77½ in mid-March, down a fortnight later to 45⅛. Nobody had the courage to ask management for an explanation, until Peter spoke up: "Why did General Development stock rise so fast and then drop so fast?" President Frank Mackle pleaded embarrassed ignorance: "Son, I don't know too much about...