Word: mutuals
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Dates: during 1950-1959
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...forgive us for spending too much in the search for peace; they will never forgive us for refusing to spend enough . . . We are planning to spend $40 billion on defense next year . . . The only thing we can do with armaments is to buy time. Buy time for what? . . . The mutual security program is the cutting edge on the tool that gives some meaning and purpose to all our efforts for defense...
Between himself and the Vice President, said Dwight Eisenhower, there is "a rather unique state of mutual confidence and even liking and respect . . . There is such a clear understanding between Mr. Nixon and myself, an understanding to which others around me are completely privy, that it is inconceivable, that is, between him and me, that any misunderstanding could occur...
...unfortunate term "foreign aid," the President said, implies "some sort of giveaway," but in fact the worldwide mutual-security program is "of transcendent importance" to the U.S.'s security. To discard or drastically slash the program, the President warned, would bring about a "basic impairment of free world power" and a "crumbling'' of the U.S.'s "strategic overseas positions." The results would be heavier defense spending, higher taxes, bigger draft calls and "ultimately, a beleaguered America, her freedoms limited by mounting defense costs, and almost alone in a world dominated by international Communism...
...Mutual Assistance. Last week the French Cabinet decided on a drastic measure to end Tunisian aid to Algeria. They propose to establish an artificial no man's land 6 to 30 miles wide along the Algerian side of the frontier. All civilians-an estimated 70,000-will be evacuated from this area, and French patrols and aircraft will have orders to shoot anything that moves within the forbidden zone. To deny the rebels cover, the French plan to burn off a huge area of scrub forest with napalm over a period of three months. "If so much...
...gave New York its first budget system, was named city chamberlain in 1914, resigned after two year because he thought his $12,000-a-year office should be abolished (it was, 20 years later). Turning to banking at 45, he became president of the world's largest mutual savings bank...