Word: mutuals
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Dates: during 1950-1959
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...same time, banks find themselves with relatively less money to lend. In the nation's mutual savings banks, total deposits rose $585 million in the first six months this year to $34.6 billion -but the growth during the same period last year was $1.3 billion. Instead of putting and keeping their money in savings accounts, people are attracted by higher returns in the stock market or Government bonds. The rate of growth of time deposits has been falling off because corporations, state and local governments, and foreign depositors can now get nearly 3½% on a 91-day Treasury...
Through the years, Prime Minister Jawaharlal Nehru has leaned precariously backward to stay on good terms with Red China, to profess mutual belief in the five peaceful principles, and to sponsor Communist China's membership in the U.N. But last week in India it was becoming increasingly clear that Peking's Communists just will not be friends...
...their desire for peace. And our desire for peace is not because either of us is weak. On the contrary, each of us is strong and respects the strength the other possesses. This means that if we are to have peace, it must be a just peace, based on mutual respect rather than the peace of surrender or dictation by either side...
Asking Price. Traveling ballet troupes and mutual exchanges of praiseworthy banalities were, of course, getting to be old stuff. But the new turn in last week's accumulation of events was the emergence of the Big Two as a conscious entity. To Nixon, as to previous U.S. visitors, Khrushchev voiced the opinion that world peace could be guaranteed if only the U.S. and the U.S.S.R. could get together. But Khrushchev's more crucial decision to give Nixon a chance to shine in Russia was a conscious effort to persuade the U.S. to bypass NATO, the Big Four...
...fully aware that if it did so, it would only alienate its most valued friends; furthermore, anything negotiated would also require U.S. Senate approval. Such a deal is simply not in the cards. What the new trend in Big Twoness does foreshadow is the possibility of an ever-growing mutual exploration conducted in public of each other's ways. Neither side could hope to convert the other, but more realistic diplomatic dealings may be possible once that pragmatic fellow, Nikita Khrushchev, sees for himself that the U.S. is big, prosperous, and growing, as well as friendly to those...