Word: nationalizing
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Dates: during 1950-1959
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...sixth time since the end of World War II, the United Steelworkers of America had walked out in a nationwide steel strike. Cold were the furnaces of two dozen steel firms that employ 500,000 workers and make 85% of the nation's steel...
...Russian Track Meet (NBC, 4:30-6 p.m.) Live and taped views of the two-nation meet at Philadelphia's Franklin Field...
...interest-rate ceiling on long-term Government bonds. The House Ways & Means Committee approved a bill to permit the President to ignore the ceiling when necessary to sell bonds. The committee tacked on an amendment expressing the "sense of Congress" that the Federal Reserve Board should expand the nation's credit supply by pegging the price of Government bonds. Cried Fed Chairman William McChesney Martin Jr.: "This is an attack on the independence of the Federal Reserve Board. This is a directive for printing-press money...
...exclusive theaters and stadium boxes." The point of Djilas' attack is not privilege itself, but privilege in the hands of those who had betrayed the revolution, who fed the country a "dogmatism . . . which corroded all ethical values." Scorned-as the author clearly felt that he and an entire nation had been scorned-his unnamed heroine retreats to the rough-hewn comradeship of the stage. After a triumphant performance in a theater crowded with her enemies, she collapses on her sofa in melodramatic tears, unable to solve the curt, inexorable questions that Djilas himself could not really answer...
Playhouse 90 (CBS, 9:30-11 pm.). Rerun time stalks the nation as, for the second time, Edward G. Robinson falls in love with a small-town New England schoolteacher...