Word: mildly
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Dates: during 1950-1959
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With some reservations, six of the seven professors agreed with Sumner H. Slichter, Lamont University Professor, who foresees continued business prosperity until late 1954, when a mild recession may set in. He says the present upward price trend will continue for another nine months, but thinks there is "no reason for alarm" right...
...representative of a country that is openly hostile to the U.S., Argentina's mild, modest Ambassador Hipólito Jesus Paz, 35, has made an impressive number of friends during his 18 months in Washington. He got along so well that his boss, Foreign Minister Jerónimo Remorino, called him "the yanqui." Last month Remorino called Paz home, presumably to fire him. On his arrival, Remorino told Paz: "Young man, you've come to take your test...
Pope Pius XII, a bit under the weather with a slight fever and a mild cold, canceled all audiences for the remainder of the week. But by week's end His Holiness felt well enough to appear at a window overlooking the inner courtyard of the papal summer residence at Castel Gandolfo to give his blessings to a crowd of 300 pilgrims...
After that date, Slichter feels, there is a good chance that over-production of civilian goods may cause a recession. But, he added, "one is justified in asserting that if a recession accompanies the slide-off in government spending, it will be a mild...
...reason for the mild nature of the possible depression, he said, is because "the rate at which defense spending drops in pretty much within the control of the government and can be adjusted to changes in economic conditions...