Word: nationalizing
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Dates: during 1950-1959
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Before the N.A.M., Ike exhorted the nation's business leaders to lend their influence to communicating "the matter of fiscal integrity" to others. "The strongest force in a democracy is an informed public opinion ... I can't conceive of a better and finer occupation, really a vocation, rather than an avocation, for anyone who is employing others and dealing with others ... than to use his influence in making certain that [fiscal problems and the principles of frugality] are understood...
Prospects for the Clark-Porter resolution's getting through Congress are dim. But the spreading U.S. debate on ways and means of working out a world system of law hold nothing but promise for a nation in search of a policy that can contribute to a just and enduring peace...
Borrowing Trouble. Much of Michigan's financial trouble did indeed lie far, far beyond Soapy Williams in the state's dusty, archaic constitutional tax structure. Michigan, the nation's twelfth wealthiest state in terms of per capita income, collects about $1 billion in state taxes. But five-sixths of the revenues from the 3% sales tax-biggest income source-must be turned back to city and town governments and school districts. All gasoline tax revenue must be spent on the highways. Result: the state must meet costs of state government, the state universities, the state police...
...presidential hopes, and 3) his state. The Republicans, he stormed, had voted for "payless paydays . . . cutting off welfare funds . . . the destruction of our universities." Old Guard Republicans, who engineered the senate defeat, were indeed rather pleased at the prospect of once popular Democrat Williams standing before the nation as a flat-broke Governor. But responsible figures in business, labor and press were getting increasingly concerned that, in all the wild swinging, Michigan was getting a black eye that would not soon heal...
...integration crisis faced (though far from finished), Hodges could focus state effort on the grim economic problem brought on by the sharp cut in farm employment. Watching over the nation's biggest farm population, Hodges knew that industrialization was an urgent necessity. But before he joined the platoon of Southern Governors wooing Yankee companies, Businessman Hodges spent three years getting his state in shape...