Word: one-year
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...taking the pressure off tight money and high interest rates-the villains behind the severe slump in housing. Walter W. Heller, ex-chairman of the Council of Economic Advisers, argues that such a "distortion" in one sector could slow down the whole economy. Others agree that the Government should "shift the mix" of its economic policies by easing interest rates while imposing a one-year increase in taxes...
...former friend, now serving a sentence for advocating that his country take the Western road. And, though it was a top story in the Western press, no Yugoslav paper had anything to say in defense of Mihajlo Mihajlov, the 32-year-old writer who just began a one-year sentence for trying to start a magazine in opposition to the regime...
...Left in the dark, his aides are chagrined that their decisions must involve so much guesswork. Says Federal Reserve Chairman William McChesney Martin: "If the defense supplemental is going to be, as many think, between $7 billion and $15 billion, we should take the calculated risk of a one-year tax increase rather than risk another step on the accelerator. It's easier to remove the tax increase than to untangle the impact of an inflationary situation...
Cramer didn't use dogs in his experiments, but rather 160 Cliffies over a one-year period. The girls listened through earphones to speech varying in speed from 450 to 930 w.p.m., and were asked to write down whatever they could understand from the tapes. Cramer didn't use any Harvard men in his testing. "I wanted to see what could be achieved under optimum conditions," he said. "Women have been shown to have a consistently higher verbal ability than men," who, he added quickly, "are usually better at math...
Asked about the feasibility of universal one-year military service, McNamara said "professional soldiers do not consider it practical -- and neither do I." The large number of men provided by this system are not required, he explained. "And I think it would degrade the military capability of the service...