Word: modernize
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Dates: during 1950-1959
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Symbolic Strings. Dillon's strong statement was part of a massive readjustment of U.S. economic policy to fit the facts of modern economic life. Last year, chiefly because of spending for economic and military aid, the U.S. sent abroad $3.4 billion more than it received for its exports. Faced with a $4 billion gap in fiscal 1960 (ending next June 30), Treasury Secretary Robert Anderson has got the President's permission to cast a hard eye over next year's foreign-aid budget and audit the Pentagon's spending for overseas forces and bases. Last month...
...should not," said Columnist Lippmann, "shrink from the idea that such a network would have to be subsidized and endowed . . . Why should it not be subsidized and endowed as are the universities and the public schools and the exploration of space and modern medical research, and indeed the churches-and so many other institutions which are essential to a good society, yet cannot be operated for profit? . . . Among [the mass communications media] there must be some which aim not at popularity and profit but at excellence and the good life...
...shown a single painting in seven years, is relenting in a big way, as Buffalo's Albright Art Gallery opens its doors on a one-man show of 72 oils covering 21 years. Still set stiff terms: all pictures were to be hung by himself, all competing modern canvases were to be banished from sight...
Ages in the midst of modern Europe, and it would hardly dare to attack the United States with the military resources at its command: a standing army of 20 mailclad bowmen...
...Pont Show of the Month (CBS, 9:30-11 p.m.). Lee J. Cobb plays both knight and servant in I, Don Quixote, a modern version of Cervantes' classic...