Word: nixon
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Dates: during 1960-1969
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...right of the Committee of Fifteen to set up this new Committee and then serve on it was not quite as clear as the right of Richard Nixon to live in the White House. Nevertheless, the Faculty passed a resolution recognizing this Committee at its meeting last Tuesday...
...spread far and wide. The Pentagon has just announced that it will stop serving beef stew in military mess halls next year because it costs too much to prepare. Instead, troops will get more hamburger or meatballs (which they prefer anyway). In another move prompted by price increases, President Nixon last week asked Congress to raise social security benefits by 10% and to provide for automatic increases in the future geared to the cost of living...
...seldom been reluctant to embrace either technological change or the challenge of great national projects. It is a sign of the questioning times that disquiet now attends a project of just such dimensions: the supersonic transport aircraft. Last week, when President Nixon announced his decision to spend $96 million this year and more than $1 billion later on to underwrite SST development, the cheers came mainly from the manufacturers and airlines that stand to profit most...
...from being final, the decision now shifts to Congress, which must pass the appropriations. A spirited debate has raged within the Administration for seven months. Opposing the SST were Nixon's science aide, Lee DuBridge, and Hendrik Houthakker of the President's Council of Economic Advisers. Supporting it were Secretary of Transportation John Volpe, Federal Aviation Administrator John Shaffer, and a genuine American hero, Charles A. Lindbergh, who personally presented the case for the SST to the President...
...Government has spent $450 million so far on feasibility and design studies. Nixon's proposal would commit the Government to invest another $1.3 billion to build two prototypes. After that, Boeing and its suppliers are expected to finance the early production costs, which will bring the overall total to about $3 billion. Under a tough contract with Boeing, Washington will recover its investment when the 300th aircraft is sold. The Government will turn a $1 billion profit if sales reach the Federal Aviation Administration's predicted minimum of 500 by 1990-a return that works out to less...