Word: nationalizing
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Dates: during 1950-1959
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Senate Majority Leader Lyndon Johnson could hardly have had a more opportune week to start his Senate Preparedness Subcommittee on a full-dress investigation of the state of the nation's defenses. In Moscow Nikita Khrushchev, in his latest ploy of missile oneupmanship, boasted that the U.S.S.R. now had assembly-line production of intercontinental ballistic missiles with pinpoint accuracy "to any part of the globe." In Washington President Eisenhower scoffed politely, said that U.S. missile progress was "remarkable" and "going forward as rapidly as possible. I think it is a matter for pride on the part of America...
...Thus, since its inception, our nation has been dedicated to the principle that man. in his relationship with other men, should be governed by moral, or natural law. It was believed that this was something that all could comprehend. So great responsibilities were placed upon a jury, and the conscience of the chancellor was relied upon to temper legal rigors with equity. And legislatures annually change our statute laws in the hope of thereby making these laws more conformable to justice...
...There is no nobler mission that our nation could perform...
Conant's report, based on visits to 55 schools in the nation, called for more distribution and better choice of courses, recommended a stiffer academic pace in schools, and defined the ideal size of a "comprehensive school" as one with 500 to 600 students...
...independent manufacturer at a competitive disadvantage with Detroit's Big Three automakers? Not at all, answered Chairman Robert F. Black of White Motor Co. last week, as he presented the best possible evidence that his company, the nation's oldest truckmaking firm, is feeling no pain from G.M., Ford or Chrysler competition. On a record $270 million in sales, White earned $6.95 per share in 1958, almost the highest profit in its 59-year-old trucking history, in a year when overall truck sales dropped 18%. Of the profits, $3 per share were racked up in the final...