Word: nationalization
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Dates: during 1940-1949
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...churches," declared Dulles, "have played a notable part in changing the attitudes of our people . . ." It was Christian leadership, he said, that committed the U.S. to helping weaker nations (e.g., the Marshall Plan), while it permitted a big stick to enforce a just and Christian peace in the world. "And if, over the past three years, our nation has dealt with the Soviet Union on a basis that has been firm but that, for the most part, avoided provocation, it is largely because our Christian people have, on the one hand, seen the danger lying behind beguiling Communist propaganda...
...churches' present great role, said Dulles, is to keep the U.S. from dehumanizing itself by becoming too preoccupied with such things as "atom bombs and jet bombers, super flattops and snorkel submarines." It is the Christian responsibility "to preserve in our nation human sympathy and compassion such as Jesus had when He saw the multitudes. If our churches perform that task . . . then perhaps it may be said to our nation: 'Thy faith hath saved thee; go in peace...
Then Trammell's executive vice president, Charles R. Denny, let go with what sounded almost like a declaration of war. NBC was going to stay on top as the nation's No. 1 network. Said he: "It has the money and the resources to back up [its] plans. And, above all, it has the resolve to use its money, its experience, and its every effort for that purpose...
...year-end ratings to evaluate top race horses the U.S. muddled along with no official formula for comparing its turf champions. Last month in Lexington, Ky., breeders of the Thoroughbred Club of America decided to do something about it. They agreed on a plan to standardize rankings of the nation's top-flighters with a system of handicap weights based on performances at a mile-and-a-quarter. It was to be called the Yardstick...
Floor & Roof. FRB's action had been taken with President Truman's approval, though it was thoroughly incompatible with his continued demand for anti-inflation controls. At his press conference the President was asked how he could reconcile the conflicting programs. Said he: the nation's economy was spiraling in two directions at once. Farm prices had fallen, but other prices were still going up. What the nation needed, he thought, was a floor under some prices and a roof over others...