Word: outlay
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Dates: during 1950-1959
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SHIPBUILDING PROGRAM to build 85 new ships, modernize another 189, will trigger a $756 million outlay by the U.S. Government and private industry, says Maritime Administrator Clarence G. Morse. Under the plan, the U.S. will spend $326 million, expects private industry to put in another $430 million...
...reported this week, the auto industry (which accounts for 24% of the ads) spent most with a 7.9% increase to a record $139 million, while food dipped 2.8% to come in second with $129 million. The biggest single U.S. advertiser for the eighth straight year: General Motors, whose ad outlay jumped 13.5% to an alltime high of $37.3 million. The next nine, in order: Ford Motor Co., $17,999,652; Chrysler Corp.,$11,787,596; Colgate-Palmolive...
Furniture and household appliances will be bought by 28.5% of the public, v. 26.9% in 1954, but they plan to spend $50 less than last year's outlay. More consumers plan to buy on credit. This year, the FRB reported, 60% of the car purchasers expect to buy on time, v. 56% a year ago, and 54% of the prospective household-goods purchasers expect to use credit...
...pure scientific research. The warning was sounded last week by Nobel-Prize-winning Atomic Chemist Glenn T. Seaborg* before a joint meeting in San Francisco of the Atomic Industrial Forum and Stanford's Research Institute. Seaborg's clincher: of the nation's huge ($3 billion) annual outlay for science, "no more than 5% . . . is used for basic research...
...present neglect be corrected? Chemist Seaborg's suggestion: double the outlay for pure science. The resulting increase in scientific knowledge, he believes, would make a bigger basic research program "the greatest bargain the American people ever received...