Word: nils
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Dates: during 1970-1979
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...would unfreeze $1.5 billion of federal, state and local construction money that he had effectively held up last fall as an anti-inflation move. Congressmen greeted the announcement as political manna. "The problems of inflation have been defeated," said House Republican Leader Gerald Ford. "The danger of recession is nil." His comment was deflated the next day by Arthur Burns, chairman of the Federal Reserve Board, who stated soberly that "of course there is danger" of both recession and inflation...
...says Ford Foundation Official Mario Fantini. "The Parkway Program utterly rejects that notion; it breaks down the dichotomy between living and learning." Furthermore, he points out, Parkway is marvelously economical. A school for 500 pupils costs some $1,000,000 to build. Parkway's capital costs were practically nil. The most impressive praise of all is that Parkway already has at least one imitator. Chicago last month began its own peripatetic school. Kansas City, San Francisco, Hartford and Washington may follow suit...
...crowds in the terminal building stampeded to the basement shelter. Next time Israeli planes looped close to the airport, said one diplomat, "nobody took much notice. This time they went outside to have a look." Within minutes of last week's raid, Cairo's Kasr el-Nil Street was thronged with women shoppers, intersections were jammed with traffic, and sculls from the Gezira Sporting Club were gliding along the glistening Nile...